#pinetwork
Open Mainnet Launch: In February 2025, Pi Network transitioned to its Open Mainnet phase, allowing external connectivity and enabling transactions beyond the internal ecosystem.
6th Anniversary and PiFest: On March 14, 2025, Pi Network celebrated its 6th anniversary, known as Pi Day. This event marked the expansion of the Pi ecosystem, including the initiation of the first Open Network PiFest, which ran from March 14 to March 21, 2025. During PiFest, users could engage with local businesses accepting Pi as payment, facilitated through the Map of Pi app.
KYC Verification Deadline: The deadline for Know Your Customer (KYC) verification and Mainnet migration was extended to 8:00 AM UTC on March 14, 2025. Users who did not complete the KYC process by this time risk forfeiting a significant portion of their Pi holdings, except for the coins mined in the six months preceding the migration.
Pi Coin Price Fluctuations: Following the Open Mainnet launch, Pi Coin (PI) experienced notable price volatility. Initially, the price surged due to optimism surrounding Pi Day and the Mainnet launch. However, it has recently declined, dropping below the $1 mark. Analysts are monitoring key support levels to assess potential rebounds.
Price Predictions: Various forecasts have been made regarding Pi Coin's future value. Some analyses suggest that as the network matures, Pi's value could exceed $10, with more ambitious predictions citing figures like $314.159.
Conversely, other projections are more conservative, estimating the coin's value to be around $0.811716 in 2025.
Please note that the cryptocurrency market is highly volatile, and price predictions are speculative. It's essential to conduct thorough research and exercise caution when making investment decisions.