Pi Network’s long-awaited mainnet launch has sparked a price crash and raised concerns over its valuation. Discover the latest updates

The Pi Network finally threw open its doors to external trading at 8 am UTC on February 20th, 2025, after years and years of anticipation… It effectively ended the “Enclosed Mainnet” phase which flagged off in December 2021.

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

Pi Network’s native token, PI, dropped more than 65% following the project’s highly anticipated mainnet launch. On Feb. 20, Pi Network announced that its “Open Network” had officially launched. The project said this allowed users to access centralized exchanges and other businesses beyond its ecosystem.

Pi Network launched its Open Mainnet on February 20, 2025, experiencing initial price volatility and exchange listings while enabling users to conduct external transactions for the first time in its six-year history.

Pi Network officially launched the Open Network Mainnet earlier today, Feb. 20. While the PI coin price started trading above $1, the IOU token dropped

Cryptocurrencies traded in green on Thursday as Bitcoin reclaimed the key $97K mark. The global crypto market cap increased by 2% in the past 24 hours to $3.23 trillion, reflecting renewed optimism. Meanwhile,

The transition to Open Network opens the door for external connectivity on the Mainnet blockchain, allowing Pi to connect with other networks and systems. This means Pioneers can make transactions outside of the Pi ecosystem,