Pi Network is finally going to launch its Open Mainnet on 20 February 2025 at 8 am UTC. After a long wait and several delays, now this crypto mining platform is ready to completely convert into an open network. After this news, the price of Pi Coin jumped 80% to $92, and experts predict that it could soon cross $100.
What is Pi Network?
Pi Network is a crypto mining platform, which was launched in 2019. It was specially designed for mobile users so that they can mine Pi Coin through Tap to Earn without any expensive hardware.
🔹 Pioneers (users) can mine Pi tokens on their mobile phones.
🔹 Pi Network was working in Closed Ecosystem till now.
🔹 After the Open Mainnet launch, the Pi token will also be used in external networks.
🔹 Pi’s ecosystem will become more developed and functional.
What will change with the Open Mainnet launch?
The Open Mainnet launch of Pi Network is going to bring a big change in the crypto world.
✅ Pi will connect to external blockchain networks for the first time.
✅ Pioneers (users) will now be able to make real-world transactions with Pi tokens.
✅ Businesses and online stores can accept Pi as payment.
✅ Pi Network can play an important role in Web3 and DeFi (Decentralized Finance).
How many people have joined Pi Network so far?
📌 1.90 crore Pioneers have completed KYC verification.
📌 1.14 crore Pioneers have already successfully migrated to the mainnet.
📌 100+ Mainnet-Ready Apps are ready, which will support the Pi token.
Pi Coin price jumps sharply!
The news of Pi Network’s Open Mainnet launch has led to a huge increase in the price of Pi Coin.
📈 Pi Coin price increased from $49 to $92 (an increase of 80%).
📈 Experts predict that Pi Coin could soon cross $100.
📈 After the Open Mainnet launch, Pi is expected to get listed on major crypto exchanges, which could further increase its value.
Future and prospects of Pi Network
After the launch of Pi Network’s Open Mainnet:
🚀 Pi’s acceptance will increase and it will make its mark in the global crypto market.
🚀 Pi Network can have a big role in the Web3 and DeFi sector.
🚀 Pi token can be used in online stores, services and digital payments.
Conclusion
The Open Mainnet launch of Pi Network can prove to be a game-changer for the crypto industry. Looking at the progress made so far and the rapidly growing community, it would not be wrong to say that Pi Coin can join the big cryptocurrencies in the coming time.
Do you think Pi Network will become the next big name in the crypto market? Share your thoughts in the comments!