#PiNetwork

As of February 25, 2025, Pi Network has successfully transitioned to its Open Network phase on February 20, 2025, at 8:00 AM UTC. This significant milestone allows Pi Coin to be traded on major cryptocurrency exchanges, marking the end of the Enclosed Mainnet phase that began in December 2021.

Following the Open Network launch, Pi Coin experienced initial volatility, with its price peaking at $1.97 on the first trading day, then dropping to $0.737, and subsequently rebounding by 80% to $1.29. This recovery is attributed to sustained buying pressure and increased exchange support.

In March 2025, Pi Network aims to further enhance its ecosystem by encouraging more Pioneers to complete their KYC verification and migrate to the Mainnet. This effort seeks to reduce the gap between KYC-verified users and those who have migrated, thereby strengthening the network's inclusivity and stability.

Additionally, Pi Network is focusing on expanding its ecosystem by inviting developers to create decentralized applications (dApps) on its blockchain. This initiative aims to increase Pi's utility and foster a vibrant, engaged community.

Overall, March 2025 is poised to be a pivotal month for Pi Network, with efforts concentrated on user verification, Mainnet migration, and ecosystem development to ensure the network's long-term success.