Pi’s Open Mainnet Goes Live On February 20: Everything You Need To Know About It

Last updated:02/21/2025
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Pi Network has captivated millions with its mission to make cryptocurrency mining accessible through mobile devices. Notaly, it has made a milestone as Pi Network was finally launched on February 20.

If you are eager to understand the Pi Network Mainnet Launch and the implications of its transition to an Open Network, this article provides a comprehensive overview of what to expect.

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Table of Contents

What is Pi Network?

Pi’s Open Mainnet Goes Live On February 20

What can be Expected from Pi Network’s Open Network Launch?

What is the Significance of Open Network Launch?

What should Pioneers Do Before and After the Open Network Launch?

Pi Network Price Prediction

How to Buy Pi Coin: A Step-by-Step Guide

Conclusion

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What is Pi Network?

PI2

PI2
Cryptocurrency Pi Network
Token PI2
Price $ 0.6338 -2.52%
Rank 28
Market Cap $ 4.3B
24H Trading Volume $ 100.0M
All-time High $ 2.9754
All-time Low $ 0.4069
24 High $ 0.6506
24 Low $ 0.6271
Cycle High $ 0.7873 / 2025-04-05 11:05:00
Cycle Low $ 0.4069 / 2025-04-05 04:50:00
Update Time 2025-04-28 00:41:01

Pi Network, a decentralized cryptocurrency project, was launched on March 14, 2019 (Pi Day) by a team of Stanford graduates. Unlike traditional cryptocurrencies that require extensive computational power or staking, Pioneers—as Pi Network users are called—can mine Pi coins on their mobile devices with minimal energy consumption. The project aims to build a peer-to-peer digital economy, prioritizing security, accessibility, and community-driven growth.

The Pi coin, Pi Network’s native token, is mined through a simple process: users tap a button in the app once per day, making it one of the most accessible mining mechanisms in the crypto space.

Since its inception, Pi Network has been a topic of heated discussion in the cryptocurrency community. While millions have joined the project, attracted by its innovative approach, others remain skeptical, questioning its legitimacy and long-term viability.


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Pi’s Open Mainnet Goes Live On February 20

In December 2021, Pi Network reached a key milestone with the launch of its Mainnet. However, rather than an immediate full-scale launch, the project entered an Enclosed Network phase, during which the blockchain was functional but remained isolated from external connectivity.

On February 12, Pi Pi network team officially announced that Pi Network’s mainnet set to launch at 8am UTC on February 20, 2025. This highly anticipated event will mark the next major step in Pi’s evolution, enabling full external connectivity for its blockchain and unlocking new possibilities for users, developers, and the broader crypto community.

At 8:00 AM UTC on February 20, Pi Network officially launched its open mainnet, marking a long-awaited milestone for users who have been mining the cryptocurrency for the past six years. With this transition, both early adopters and the broader market are eager to see how Pi will integrate into the wider crypto ecosystem.

The launch ignited a wave of excitement, driving Pi Coin’s value up by 36% within the first hour. However, price volatility quickly followed, with PI surging to $1.97 before dropping to $1.80 on OKX and $1.70 on Bitget. These fluctuations sharply contrast pre-launch speculations, where IOU prices were projected between $60 and $70.

As trading stabilizes, market participants will closely monitor Pi Network’s real-world adoption and its long-term position within the broader cryptocurrency landscape.

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What can be Expected from Pi Network’s Open Network Launch?

The Pi Network Open Network launch marks a significant turning point, enabling external connectivity for the first time. This transition will unlock new opportunities for Pioneers, developers, and businesses, expanding Pi’s real-world applications and solidifying its role in the broader digital economy. With the Open Network, Pi will move beyond its enclosed system and introduce the following major changes:

External Connectivity & Expanded Utility

With the removal of ecosystem restrictions, Pi’s blockchain will integrate with external networks, allowing seamless transactions beyond its enclosed system. This shift enhances Pi’s functionality, liquidity, and overall utility, making it a more viable asset in the global cryptocurrency landscape.

Node Transition to Mainnet

Following the launch, Pi Network’s firewall will be removed, allowing nodes to fully participate in the Mainnet blockchain. The Core Team will prioritize reliable contributors, ensuring a smooth transition from Testnet to Mainnet while maintaining network stability and security.

Secure & Verified Participation

To ensure a trusted and secure environment, Pi Network will implement strict KYC (Know Your Customer) verification for all Pioneers. Additionally, businesses looking to integrate Pi payments or services must complete KYB (Know Your Business) verification. A directory of KYB-verified businesses will be available on the official Pi Network website, providing transparency and fostering a more secure ecosystem.

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What is the Significance of Open Network Launch?

The Open Network launch is a pivotal moment for Pi Network, transitioning it from a closed ecosystem to a fully integrated and accessible blockchain. This shift represents more than just expanded usability—it signals Pi’s entry into the broader cryptocurrency market and its potential adoption in real-world applications.

The Open Network launch is a defining moment in Pi Network’s journey, setting the stage for mass adoption, innovation, and long-term sustainability. Whether it becomes a widely used digital currency depends on continued development, strategic partnerships, and active community participation.

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What should Pioneers Do Before and After the Open Network Launch?

Before Open Network Launch (Pre-February 20, 2025)

  • Complete KYC if you haven’t already.
  • Migrate your Pi to Mainnet to ensure it’s usable in the Open Network.
  • Engage with Pi apps and services to support the ecosystem’s development.

After Open Network Launch (Post-February 20, 2025)

  • Explore external transaction opportunities using Pi.
  • Monitor Pi’s integration with exchanges (if and when listed).
  • Continue crypto mining and contributing to the ecosystem’s growth.
  • Support businesses that accept Pi, strengthening its real-world adoption.

Pi Network Price Prediction

On February 12, Pi Pi network team officially announced that Pi Network’s mainnet set to launch at 8am UTC on February 20, 2025. The announcement has stirred excitement in the network with Pi coin price surged by 80%, reaching $92 after being trading from $49.

As of writing the article, PI is traded at $ 0.6338, boasting a market cap of $ 4.3B, and witnessing a hefty 24-hour trading volume of  $ 100.0M. PI Token saw a 24-hour change of -2.52%, with minor fluctuations of -0.30% over the past hour.

Price Change 1H Percent -0.30%
Price Change 1D Percent -2.52%
Price Change 7D Percent -0.67%
Price Change 30D Percent -23.27%
Price Change 90D Percent -54.86%
Price Change 365D Percent -54.86%

Short-Term Pi Network Price Prediction

The crypto market’s volatility demands a forward-looking approach, allowing investors to anticipate potential price movements and position themselves strategically. Therefore, before deciding whether $PI is a good investment, predicting the future prices of $PI is crucial for investors to make informed decisions.

The following chart sets forth our price prediction for Pi Network in the next half month:

price prediction days

Date Price Prediction Change
04-28 $ 0.6338 0.00%
05-01 $ 0.6040 -4.7%
05-04 $ 0.5923 -6.55%
05-07 $ 0.5917 -6.65%
05-10 $ 0.6006 -5.24%
05-13 $ 0.6013 -5.14%

Pi Network Price Prediction 2026 to 2050

There is large uncertainty about the future price of Pi token, as the cryptocurrency market changes rapidly. With this in mind, we have made both more bullish and more bearish forecasts for Pi coin based on a variety of different scenarios.

Potential Highs & Lows of Pi Network

Here are our projected highs and lows for Pi Network from 2026 to 2050:

price prediction years

Year Yearly Low Yearly Average Yearly High
2026 $ 0.6053 $ 0.8800 $ 0.9732
2027 $ 0.5926 $ 0.7989 $ 0.8875
2028 $ 0.5712 $ 0.7818 $ 0.8901
2029 $ 0.8594 $ 1.2793 $ 1.5419
2030 $ 0.8283 $ 1.2273 $ 1.4345
2031 $ 0.7294 $ 1.1481 $ 1.4123
2035 $ 0.9602 $ 1.4849 $ 1.8098
2040 $ 1.5902 $ 2.2625 $ 2.7168
2045 $ 1.9544 $ 2.9423 $ 3.5837
2050 $ 2.3743 $ 3.5683 $ 4.1211

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How to Buy Pi CoinStep-by-Step Guide

Luckily, PI USDT-margined perpetual futures contracts with a leverage of up to 50x are now available on BTCC platform. If you are interested in PI and want to buy the token, you can start by signing up for BTCC platform.

The following sets forth the guidance for trading PI futures on cryptocurrency exchange BTCC:

Step 1: Create a BTCC account

Sign up BTCC to start your journey on this leading crypto exchange.

Step 2: Complete BTCC’s identity verification

Kindly verify your identity to ensure full compliance and enhance your trading experience on BTCC.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Fund your BTCC account

On the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method.

Step 4: Place your crypto futures order on BTCC

Go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find the PI trading pair that you want to trade.

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Then, choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.

  • Market Order: users place orders at the best price in the current market to achieve fast trading.
  • Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
  • SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Next, adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Then, choose the lot size and set the SL/TP price. After setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Finally, click the buy or sell button, and PI futures contract order is completed.

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Conclusion

Pi Network’s progression from Mainnet to Open Network represents a major milestone in its mission to create a more accessible and inclusive cryptocurrency ecosystem. This launch marks the moment when Pi will finally integrate with the broader blockchain landscape, unlocking new opportunities for users, businesses, and developers.

By enabling external connectivity, Pi has the potential to reshape digital transactions, expand its real-world applications, and drive broader adoption. As the Open Network era begins, the active participation of the Pi community will play a crucial role in shaping its future and ensuring its long-term success in the evolving world of blockchain technology.

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