Pi Network’s Open Mainnet Launch Sparks Market Interest
- Pi Network launched its mainnet in February 2025, enabling trading.
- Over 19 million accounts migrated to mainnet.
- Pi trades between $1.01 and $2.10, facing high volatility.
Pi Network’s Open Mainnet launched in February 2025, allowing external trading of Pi tokens on major exchanges like OKX and MEXC, with prices initially ranging from $1.01 to $2.10.
This launch signifies a major step in Pi Network’s ecosystem growth, impacting market dynamics, fostering developer activity, and stirring investor interest despite early price volatility.
Pi Network launched its Open Mainnet in February 2025, with external trading beginning on major exchanges, marking a significant milestone for the cryptocurrency. The mainnet launch enhances Pi Network’s utility potential, amidst price volatility and increased adoption. User growth and ecosystem development are monitored closely.
Pi Network Mainnet Gains 19 Million Users
Pi Network’s Open Mainnet officially commenced in February 2025, allowing external trading for the first time in its history. Significant on-chain activity followed the mainnet launch.
Founders Dr. Nicolas Kokkalis and Dr. Chengdiao Fan emphasized the transition to a decentralized ecosystem. Over 19 million KYC-verified accounts migrated successfully.
Trading Surge on OKX and MEXC Following Launch
The launch resulted in a surge of trading on platforms like OKX and MEXC. Analysts noted the asset’s volatility and potential growth, driven by community enthusiasm.
Pi’s market entry is observed cautiously by major players, with Arthur Hayes commenting on its grassroots nature and need for more utility before challenging larger blockchains like Ethereum and Bitcoin.
Revisiting Volatile Mainnet Launches: Solana Case
The transition mirrors historical mainnet launches such as Solana, which experienced similar initial volatility. Expansion is expected as KYC processes continue to facilitate broader adoption.
Experts suggest that actual value will depend on Pi’s ability to establish practical applications beyond speculation. Market speculation forecasts potential price adjustments with positive long-term growth.
“Pi demonstrates grassroots adoption but needs more utility before rivaling major chains.” — Arthur Hayes, CEO, BitMEX
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