#Pi Network began its Open Mainnet on February 20, 2025, marking a significant step from its closed testing phase toward becoming a fully decentralized network. After this launch, the price of #Pi Coin saw significant fluctuations. By the end of February, the price of #Pi Coin reached $1.97, but later dropped to $0.737. It then experienced an 80% increase, bringing it up to $1.29.

As of May 6, 2025, the price of #Pi Coin is approximately $0.58, and its market capitalization stands at $4.14 billion, ranking it 27th in the cryptocurrency market.

#Pi Network has completed the KYC process for more than 18 million users, with over 10 million users having migrated their coins to the Mainnet. This migration process is still ongoing, and the network is implementing its roadmap based on priority.

However, some rumors have surfaced, such as a supposed partnership with BNP Paribas, which was later proven false. Such misinformation has negatively impacted the price of Pi Coin.

If you want to learn more about Pi Network, you can watch this video:

WHAT TO EXPECT FROM PI NETWORK IN May 2025 CORE TEAM ...

Now I’ll generate an image for you representing the Pi Network's growth and transition to Open Mainnet.