The first quarter of 2025 was a pivotal phase for Pi Network with the launch of the Open Network and debut of the Pi coin, marking a new chapter in the project's history.
Open Network Launch: February 20, 2025
Pi Network reached a historic milestone on February 20, 2025, with the official launch of the Open Network. The project transitioned to a fully decentralized system after operating within an enclosed network, where Pioneers mined Pi coins on their phones without trading capabilities. This allowed Pi to function as a genuine cryptocurrency, opening the door to transactions and ecosystem participation.
Pi Coin: A New Era Begins
The Pi coin was officially launched on February 20, 2025, alongside the Open Network. During the enclosed phase, the coins had no tradable value, but the launch changed that for verified users. The project extended the KYC and migration periods multiple times to accommodate more users, sparking active discussion among participants.
Pi Coin Exchange Listings
Following the coin launch, Pi Network quickly established its place in the crypto market with exchange listings. By the end of February, the coin was featured on several platforms, including leaders like OKX.
The first quarter of 2025 was a significant period for Pi Network, laying the groundwork for future growth. Despite successes, the project faces challenges that need to be addressed in subsequent quarters.
