Upon its launch, Pi Network raised questions and doubts about its credibility and feasibility, especially with its reliance on mobile mining without significant energy consumption. However, the coin has seen notable developments that have changed this perception.

The shift to the open mainnet

On February 20, 2025, Pi Network announced its transition to the Open Mainnet, allowing users to transfer their balances and trade freely outside the closed system. This transition came after achieving key milestones, such as surpassing 19 million users who completed the Know Your Customer (KYC) process.

Listing on major trading platforms

With the launch of the open mainnet, Pi coin was listed on several major trading platforms, the most notable being:

OKX: Announced the listing of the coin and the start of instant trading with the PI/USDT pair on February 20, 2025.

Bitget: The coin was listed on the same date, allowing users to trade easily.

MEXC: Joined the list of platforms supporting Pi trading, enhancing the currency's reach.

Price performance and future predictions

Since its listing, Pi coin has experienced significant price volatility. In the early days, the price ranged between $1.50 and $1.90, with continuous fluctuations in the following days. As of February 27, 2025, the coin is trading at around $2.99, with a daily trading volume of $3.02 billion.

There are expectations for the coin to be listed on larger platforms like Binance, which could increase its liquidity and market value.

Summary

Pi Network has transformed from a questionable project to a major player in the cryptocurrency market, thanks to technological advancements and listings on major trading platforms. Nevertheless, investors are advised to closely monitor future developments and price fluctuations before making investment decisions.