The first quarter of 2025 was a transformative period for Pi Network. With over 60 million Pioneers, the project made significant strides by launching the Open Network and introducing Pi coin on exchanges.
Open Network Launch: February 20, 2025
February 20, 2025, marked a historic milestone for Pi Network with the launch of the Open Network, transitioning to a fully decentralized system. This allowed Pioneers to engage in transactions and participate in the ecosystem. Co-founders Nicolas Kokkalis and Chengdiao Fan emphasized the goal of making Pi a currency for everyday use.
Pi Coin Launch: A New Era Begins
With the launch of the Open Network, Pi coin became tradable, enabling cryptocurrency use in real-world market conditions. The project extended the KYC and migration deadlines several times to include more users in the network.
Pi Coin Exchange Listings
The listing of Pi on exchanges like OKX strengthened its position in the crypto market. Despite fluctuations in trading volumes, the community remains optimistic about Pi's future, focusing on its practical applications.
Q1 2025 was pivotal for Pi Network's growth, with the Open Network launch and Pi coin's market debut. However, it still faces several technical and market challenges.