Pi Network announced the launch date!

Pi Network (PI) announced that it will officially transition to the Mainnet's Open Network phase on February 20, 2025, marking a significant transition from the Closed Main Network phase that began in December 2021.

As a decentralized cryptocurrency project, Pi Network was launched by Stanford graduates on March 14, 2019,(Pi Day), and community participation has been increasing ever since. Users or Pioneers can mine Pi coins with minimal power on their mobile devices.

Previously, the Pi Network team guaranteed that the Mainnet would be launched after 15 million people passed the necessary KYC verifications. According to the latest announcement, 19 million Pioneers have successfully completed the procedures and 10.14 million people have transitioned to the mainnet.

He said that users who did not pass the verification process will be able to do so even after the launch of the Open Network, so they can interact with Pi apps in the Pi Browser to support ecosystem development.

The PI cryptocurrency project has been operating for six years. However, it has not been available on the open market until now. As of February 20th, users will be able to trade through cryptocurrency exchanges.

Pioneers, Open Network will launch at 8am UTC on February 20, 2025! With millions of KYC-verified Pioneers and a thriving utilities-driven ecosystem, Open Network expands available opportunities, which allows Pioneers to connect Pi with external systems for use in real-world… pic.twitter.com/AdpXNhpcUD

— Pi Network (@PiCoreTeam) February 11, 2025

What to expect from the Pi Network's mainnet launch

The Open Network launch of the Pi Network will bring about a major transformation by enabling Pi to connect to external systems for the first time. This will open up new opportunities for Pioneers and businesses, and expand the real-world use of Pi.

The blockchain of Pi on the Open Network will no longer be restricted and will enable transactions beyond its ecosystem. Pioneers will be able to interact with other compatible networks and make Pi more functional in the digital economy.

After the launch, the firewall will be removed and the nodes will be allowed to join the Mainnet blockchain. The Core Team nodes will give priority to reliable contributors while transitioning from Testnet to Mainnet.

Pi Network showed a 70% increase

Pi Network, the cryptocurrency and developer platform that enables users to mine PI coin, has finally set a date for the Mainnet launch after multiple delays. Following the announcement, the price of Pi coin surged by 70 percent.

A few hours after the announcement, the price of PI rose from less than $50 to over $90. However, as of the date of this article, the value of the cryptocurrency has dropped to $80.91. You can track Pi Network live market data on CoinGecko.

This article does not contain investment advice or recommendation. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.