Pi Coin has been making headlines following the much-anticipated Open Mainnet launch on February 20, 2025. Within hours of going live, Pi was listed on major exchanges . But what followed was a rollercoaster—its price surged past $2 initially, only to crash by over 55% to around $0.78 in less than a day.

Pi Network price initially jumped after the mainnet launch on Thursday, and then erased all those gains. Pi, the popular tap-to-earn token, was trading at $0.7290 on Friday morning, much lower than Thursday’s high of $2.

Pi Network launched its open mainnet on Feb. 20, 2025, allowing external transactions and exchange listings after years of development.