The first quarter of 2025 was transformative for Pi Network with the launch of the Open Network, Pi coin debut, and exchange listings.
Open Network Launch: February 2025
On February 20, 2025, Pi Network achieved a historical milestone with the official launch of the Open Network. The project transitioned to a fully decentralized system, enabling users to conduct transactions and participate in the ecosystem. The launch was marked by a community event where the founders shared their vision of making Pi a currency for everyday use.
A New Era Begins: Pi Coin Launch
The Pi coin was officially launched alongside the Open Network on February 20, 2025. During the enclosed mainnet phase, mined coins held no tradable value, but that changed. Only users who completed KYC and migrated their balances could participate. The KYC and migration deadlines were extended to include more users, though unverified balances were forfeited if not migrated by that time.
Pi Coin Exchange Listings
Following the Pi coin launch, the network quickly secured its place in the crypto market. By February 2025, Pi was listed on several exchanges, including OKX. These listings allowed users to buy, sell, and trade Pi. The market response was varied, but the project remains focused on utility rather than price speculation.
As Q1 2025 concludes, Pi Network stands at a pivotal point. The launch of the Open Network and reaching significant milestones have laid a foundation for growth, though technical refinements and market trust are necessary. Q2 promises new app integrations and merchant partnerships to enhance Pi's utility.
