Neo77

Date: Thu, February 20, 2025 | 09:10 AM GMT
The much-awaited Pi Network (PI) mainnet has finally launched, making an stellar debut into the cryptocurrency market. PI is now officially listed on major exchanges, and as per live data from Bitget, the token is currently trading at $1.49, having already reached a high of $3.40 shortly after its debut.

Pi Network (PI) Coin Price/Source: Bitget
Despite earlier concerns from analysts that PI could face a sharp decline due to early miners selling off their holdings, the coin is maintaining strong momentum—a sign of healthy demand and growing investor interest.
Why You Should Hold Your PI Coins
Even at its current price, PI is trading significantly higher than many expected before its listing. However, there’s still a major catalyst that could send its value soaring even further:
1. Potential Binance Listing Could Push PI Even Higher
So far, the worlds largest crypto exchange Binance has not yet listed PI, but that could change soon. The exchange has launched a community poll asking users whether they want PI to be listed, and the response has been overwhelming.
According to current voting trends, 86% of participants have voted in favor of adding PI to Binance. Given Binance’s history of prioritizing user demand, there is a strong possibility that an official listing announcement could come in the near future.

PI Listing Community Votes/ Source: Binance Square
This is significant because coins listed on Binance often experience a major price surge due to increased liquidity and exposure to millions of new traders. If PI gets listed, its price could rise much higher than its current level.
2. Does This Mean You Should Sell After Binance Listing?
While a Binance listing could trigger an immediate price surge, selling PI coins right away might not be the best move.
The real value of PI lies in its long-term vision. The Pi Network is not just another cryptocurrency—it is building an entire ecosystem of apps and services. With over 80 community-built applications, such as Map of Pi and 1Pi Mall, the network is actively working toward real-world adoption.
Historically, projects that establish strong utility and widespread adoption tend to see sustainable growth rather than short-term speculation. If PI continues on this path, its value could grow significantly over time, making it more beneficial to hold rather than sell early.
Final Thoughts
With its strong debut, community-driven momentum, and the possibility of a Binance listing, PI is showing clear signs of being more than just a speculative token. While short-term price fluctuations are expected, holding onto PI could be a wise decision for those who believe in its long-term vision.
If Binance announces a listing, we could see another major price surge.If Pi Network continues building its ecosystem, its fundamental value could grow even stronger.
For now, all eyes are on Binance—and if the listing goes through, PI holders may be in for an exciting ride ahead.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

TL;DR

The controversial cryptocurrency project promised to introduce the Open Network next week.

OKX and Bitget have announced plans to list the PI/USDT trading pair on launch day, while some have speculated that Binance will also follow suit.

Add This Date to Your Calendar

Pi Network made the headlines by announcing that it will officially transition to the Open Network period of mainnet on February 20. The major milestone (if indeed it sees the light of day) will come nearly six years after the project’s birth. 

“The launch of the Open Network brings an important new change – external connectivity – to the layer-1 Pi blockchain, creating an environment where Pi can connect securely with external systems, expanding opportunities for Pioneers and businesses,” the team explained. 

The developers further clarified that after the launch, “anyone can technically add nodes to the mainnet blockchain, in terms of running the protocol and connecting to the network.” The Core Team will invite users to transition their nodes from testnet to mainnet via the designated node UI, prioritizing these with strong historical contributions to the ecosystem.

Previously, Pi Network’s team assured that the Open Network would go live once 15 million people passed necessary Know-Your-Customer (KYC) verifications. According to the latest disclosure, 19 million Pioneers have successfully completed the procedures, while 10.14 million have migrated to the mainnet. 

The team said users who haven’t passed the verification process can do so even after the Open Network launch and thus engage with Pi applications in the Pi Browser “to support ecosystem development and long-term utility.”

It is important to note that the project claimed there would be no further delays on the announced date. We have yet to see whether that will be the case, considering Pi Network’s habit of enforcing deadline extensions. 

What’s Next?

The potential launch of the Open Network is a huge step before the Pi token becomes publicly accessible. In other words, this will allow centralized and decentralized exchanges to list the asset for trading.

Two of the leading platforms – OKX and Bitget – have already indicated their intention to introduce the PI/USDT pair on February 20. Some have speculated that Binance could also follow suit, but the exchange has remained silent on the matter so far.

Currently, the Pi tokens exist but are limited to the project’s Enclosed Network phase. 

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