Pi Coin officially launched its open mainnet on February 20, 2025, enabling external transfers and listings on exchanges. Although there was significant price fluctuation initially, experts emphasize the importance of real-world adoption, a fully operational mainnet, and clear regulatory frameworks to effectively compete with well-established cryptocurrencies such as Solana, Cardano, and Dogecoin.
Pi Coin, the digital currency created by Pi Network, officially launched its open mainnet on February 20, 2025. This anticipated development facilitates external transfers and listings on exchanges, representing a significant milestone in its growth. Prominent cryptocurrency exchanges such as OKX, Bitget, and CoinDCX have added Pi Coin to their platforms, enhancing its availability for traders globally.
The recent launch has generated significant interest in the market, leading to considerable fluctuations in the price of Pi Coin. On Friday, the value of Pi Coin fell by more than 20%, reaching an intraday low of $2.26 before rebounding to $2.41, which still represents a 12% decrease for the day. This decline occurred in the context of a wider sell-off in the cryptocurrency market, which adversely affected investor confidence. Nevertheless, Pi Coin has increased by 291% from its all-time low of $0.6152 recorded on February 20, 2025. However, it has also experienced a 20% decline from its peak of $2.98, indicating heightened volatility in the market.