The first quarter of 2025 has been momentous for Pi Network. With over 60 million Pioneers worldwide, the network took a significant step toward full decentralization with the launch of the Open Network and the debut of Pi Coin.
Open Network Launch: A New Era Begins
On February 20, 2025, Pi Network reached a historic milestone with the official launch of the Open Network. The project transitioned to a fully decentralized system after operating in an enclosed mainnet. This allowed Pi to function as a live cryptocurrency, opening the door for transactions and ecosystem participation. The launch marked years of preparation, including ensuring Pioneers completed KYC and migrated their balances to the mainnet.
Pi Coin and Its Exchange Listings
The Pi Coin officially launched alongside the Open Network on February 20, 2025. During the enclosed mainnet phase, mined coins held no tradable value, but the launch changed that for verified users. The project extended the KYC and migration deadlines multiple times in Q1 to accommodate more users. After its launch, Pi appeared on several exchanges, including OKX, allowing Pioneers to buy, sell, and trade Pi, establishing its market presence.
Celebrating Pi Day 2025 and Challenges Ahead
Pi Day 2025, celebrated on March 14, marked Pi Network’s sixth anniversary and served as a showcase for ecosystem growth. Significant releases included the .pi domain auction and the first Open Network PiFest. Despite successes, the project faced challenges such as technical delays and market instability. As Q1 concludes, Pi Network continues to plan for the future, including expanding app integrations and merchant partnerships.
Pi Network concludes the first quarter of 2025, establishing its place in the crypto world and facing challenges. The next steps will be crucial for its future success.
