Pi Network Set for Open Mainnet Launch on February 20, 2025; Pi Coin Surges 80%

After years of anticipation, the Pi Network Open Mainnet is finally launching on February 20, 2025, at 8 AM UTC. The announcement has ignited excitement among Pi’s global community, leading to a massive 80% surge in the price of Pi Coin, which jumped from $49 to $92. This long-awaited milestone marks a turning point for the blockchain-based mobile mining project, which has seen multiple delays since 2024.

Pi Mainnet Ready to Go Live

Since its inception in 2019, Pi Network has gained millions of dedicated users, known as Pioneers, who mine Pi tokens on their mobile devices. However, despite the rapid growth of its community, the transition to an open mainnet faced repeated postponements due to security, KYC verification, and ecosystem readiness concerns.

Now, the key prerequisites have been met:

• Over 19 million Pioneers have successfully completed KYC verification.
• 10.14 million users have migrated to the Mainnet, surpassing the initial 10 million target.
• The network boasts more than 100 Mainnet-ready applications, fostering a robust ecosystem for Open Network operations.

What to Expect from Pi Network’s Open Network Launch?

The transition to an Open Network will mark a new era for Pi, allowing it to interact with external blockchain networks and expand its real-world use cases. Here are the major changes:

1. External Connectivity & Utility Expansion

Once the Open Network goes live, Pi’s blockchain will no longer be restricted, enabling seamless transactions beyond its ecosystem. Pioneers and businesses will have increased flexibility to integrate Pi into digital commerce and services.

2. Node Transition to Mainnet

Pi Network’s firewall will be lifted, allowing Testnet nodes to transition to the live Mainnet. The Core Team will prioritize reliable contributors to ensure network stability and security.

3. KYC & KYB Verification for Secure Participation

To maintain security, KYC verification remains mandatory for Pioneers, while businesses must complete KYB verification. A list of KYB-verified businesses will be published on the official Pi website.

Pi Coin Price Surge & Market Outlook

Following the Open Network launch announcement, Pi Coin saw an 80% price surge, reaching $92 within hours. Market analysts predict that with the official mainnet launch, Pi Coin could exceed the $100 mark, further fueling investor optimism.

Final Call for Pioneers Yet to Migrate

For Pioneers who have not completed KYC or migrated their tokens to Mainnet, there is still time to do so. The Core Team encourages participation in Pi apps through the Pi Browser to strengthen the ecosystem and increase adoption.

Also Read: How to Complete KYC and Secure Your Pi Coins for the Upcoming Pi Network Mainnet Launch

With the launch date set in stone, Pi Network is on the verge of becoming a fully operational blockchain, paving the way for greater adoption and innovation in decentralized finance.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

Andrew Chen

I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.