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.

The Pi Network mainnet launch has generated considerable market trading for the Pi Coin that saw pump and dump leaving investors on edge.

Pi Coin has made a dramatic comeback, surging 80% to $1.29 after crashing over 60% on Day 1 of its mainnet launch. The Web3-based cryptocurrency, which allows free mining via a mobile app, had initially peaked at $1.

The open mainnet launch, which means a phase where the blockchain is completely decentralized allowing external connectivity and unrestricted transactions, has created significant interest, leading to the jump in Pi Coin’s price.

Pi Network's highly anticipated mainnet launch on February 20, 2025, marked a historic moment for the cryptocurrency ecosystem. Within less than an hour of going live, Pi Coin surged more than 35%, reflecting the excitement and growing market interest surrounding the project.

Pi Network launched its mainnet on February 20, enabling users to trade, send, and utilize Pi coins in the open market.

When the Pi Coin was launched, its price touched a remarkable all-time high of $2.10. However, on the same day, it crashed by 71 per cent to hit an all-time low of $0.6152.

Cryptocurrency is reshaping financial ecosystems across the world. In India, we are experiencing the rise of two significant digital assets - Pi Coin and Jio Coin.