Pi Network has launched its Open Mainnet, leading to market volatility especially with the upcoming token unlock. This article reviews key facts and aspects of this event.
Open Mainnet Launch and Its Significance
The launch of Pi Network's Open Mainnet is a significant event for the ecosystem. The team led by Dr. Nicolas Kokkalis maintains a cautious communication strategy, reflecting the current market uncertainty due to the lack of confirmed listings on major exchanges.
Upcoming Token Unlock in 2025
A major token unlock of 3.5% is scheduled for August 2025, amounting to 276 million Pi. This event is expected to lead to substantial price volatility, considering that similar events in the past have caused price decreases of up to 34%.
Market State and Future Expectations
The current market analysis shows fluctuations and decreasing investor confidence. Major wallets hold about 351 million Pi, and despite high interest in exchange listings, the team prioritizes mainnet stability. Crypto analyst Dr. Altcoin commented: "Whether Binance lists the coin now or later does not change my strategy with a five-year investment outlook."
The launch of Pi Network's mainnet and the upcoming token unlock create significant tension in the market. However, uncertainty regarding exchange listings and price fluctuations continue to concern investors.
