Pi Network Open Network Launch Set for February 20, 2025 – What to Expect
: Pi Network's Open Mainnet is set to launch on February 20, 2025, marking a major milestone. Learn about Pi Coin’s price surge, exchange listings, and potential legal concerns.
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Pi Network has officially announced that its Open Network will launch on February 20, 2025, at 8:00 AM UTC. This transition marks the end of the Enclosed Mainnet phase, which began in December 2021, and will allow Pi to connect with external platforms and real-world applications.
What is a Pi Network ?
Pi Network is a blockchain-based cryptocurrency project that aims to create a decentralized and user-friendly digital currency accessible to everyone. Unlike traditional cryptocurrencies like Bitcoin, which require energy-intensive mining, Pi Network allows users to mine Pi coins through a mobile app without draining significant battery power or using high-end hardware.
In anticipation of the Open Network launch, the Pi coin's price experienced a significant surge, rising from approximately $50 to over $90 before stabilizing around $80.
Additionally, the cryptocurrency exchange OKX has confirmed plans to list Pi, enabling users to trade the coin on its platform.
As the launch date approaches, some experts have raised legal concerns regarding Pi Network's operations, cautioning about potential risks associated with its structure.