Pi Network has announced that its Open Network will officially launch on February 20, 2025, at 8:00 AM UTC, marking a major milestone in its development. This transition signifies the end of the Enclosed Mainnet phase, which began in December 2021 and restricted external connectivity. With the firewall removed, users will now be able to connect Pi to external systems, enabling real-world applications. This phase also allowed Pioneers to complete their KYC (Know Your Customer) verification and gain access to their Pi on Mainnet. Meanwhile, developers used this period to build applications, while the Core Team worked on refining network features.
Ahead of the launch, Pi Network revealed that it surpassed its target of 10 million Mainnet migrations, reaching 10.14 million. The network now has over 19 million verified users who can use Pi as a functional cryptocurrency. Following the announcement, crypto exchange OKX confirmed it will list Pi, with spot trading for the PI/USDT pair starting on the launch day.
Pi Coin’s price surged 80% to $92 within hours of the announcement. While some believe the launch will drive further growth, experts caution that future performance remains uncertain.
The Open Network phase will expand Pi’s ecosystem by enabling external transactions, supporting businesses, and adding new applications and nodes to the Web3 space. Developers and businesses will play a key role in growing the network, while Pioneers continue to support Pi applications and transactions.
This launch marks the beginning of a transformative era for Pi Network, unlocking new opportunities for users and the broader crypto community.
