- Pi Network will officially transition to the Open Network period of Mainnet at 8:00AM UTC on February 20, 2025
- The network has reached 10.14 million Mainnet migrations, exceeding its original 10 million goal
- Hours after the developers announced the date for open mainnet launch, several crypto exchanges announced their readiness to list the coin on their platforms
The developers of $Pi, the Pi Network’s native coin, have announced a date for the migration to open mainnet of the coin. The developers, popularly called the Core Team, revealed late on Tuesday, February 11, that the the coin would become tradable at 8:00AM UTC on February 20, 2025.
“Pi Network will officially transition to the Open Network period of Mainnet at 8:00AM UTC on February 20, 2025,” a statement on the network’s website stated. “As a result of the hard work and commitment from the entire Pi community over the last six years, the Pi community is taking the enormous next step in achieving the Pi vision of the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi, the native token of Pi Network.”
The developers explained that the network has reached 10.14 million Mainnet migrations, exceeding its original 10 million goal, due to upgrades announced in the last timeline update. Having met those conditions, the network said there was no need to waste further time to list the coin. “Pi is ready to open its utilities-driven ecosystem where our now over 19 million identity-verified Pioneers can use Pi—a cryptocurrency with real-world functions and applications backing it,” it noted.
Pi Network is a crypto project that allows users to mine $Pi on their mobile phones with minimal energy consumption. Through an intuitive app that allows users to mine Pi by just opening the app and tapping a button on a regular basis, it seeks to make cryptocurrency accessible to a broad audience. Developed by Stanford graduates, the project places a strong emphasis on community engagement and a novel trust-based security system.
What to expect after $Pi open mainnet launch
The Open Network's launch introduces a significant new feature to the layer-1 Pi blockchain: external connectivity. This creates a secure environment for Pi to connect to external systems, increasing opportunities for businesses and Pioneers.
Additionally, by switching to Open Network, $Pi will be able to connect externally to the Mainnet blockchain and communicate with other compatible networks and systems. This will increase Pi's usefulness and reach by enabling Pioneers to conduct transactions outside of the Pi ecosystem.
Exchanges to trade $Pi coin
Just hours after the developers announced the date for open mainnet launch, several crypto exchanges announced their readiness to list the coin on their platform.
OKX
The first exchange to announce readiness to list $Pi coin was OKX. Less than five hours after the mainnet migration news broke, OKX took to their X account to say the platform would list $Pi coin for spot trading at at 8:00AM UTC on February 20, 2025.
“#OKX will list $PI @PiCoreTeam. $PI/USDT Spot trading will begin at 8:00 AM on February 20 (UTC),” the exchange posted.
Bitget
Shortly after OKX’s announcement, Bitget joined the list.
“Initial Listing - $PI @PiCoreTeam; Pair: PI/USDT; Deposits available: TBD; Trading available: Feb 20, 8:00 AM (UTC),” the exchange posted on X.
Bitrue
Bitrue has also joined the list of exchanges that would list $Pi coin. “JUST IN: New listing $PI is coming to #Bitrue Spot @PiCoreTeam. $PI/USDT trading starts: 8:00 UTC, Feb 20, 2025. Stay tuned for the $PI deposit contest to win a share of 10,000 USDT prize pool,” the exchange posted on X.
Other not-so-popular exchanges that have announced they would list $Pi coin include Pionex, LBank and MEXC Exchange.
Telegram selects Toncoin as only crypto, blockchain network for app services
Meanwhile, TheRadar earlier reported that The popular messaging app Telegram has announced that henceforth, The Open Network (TON–Toncoin) will become the only blockchain infrastructure for its Mini App ecosystem.
According to a statement Telegram released on January 21, 2025, Telegram and the TON Foundation have reached an exclusive deal, which will see Toncoin become the only accepted crypto for Telegram’s app services. According to the release, Telegram will continue to accept Toncoin for non-fiat payments in exchange for assets and services offered by Telegram.
