Pi Cryptocurrency Mainnet Launch Delayed to 2025
The Pi Network's Mainnet launch delay has sparked concerns, but the network's progress and growing user base are positive indicators of its potential. With a growing ecosystem and expanding utility, the Pi Network is poised to make a significant impact in the world of cryptocurrency.
The Pi Network's highly anticipated Mainnet launch has been delayed to February 28, 2025, sparking concerns about the potential impact on Pi Coin's listing on major exchanges, despite the network's significant progress in verifying and migrating users.
The Pi Network has successfully verified 10 million users through its Know Your Customer (KYC) process and has migrated 10 million users to the Mainnet, exceeding its original goal. The network's developers are working to bring in more decentralized applications (dApps) to meet the third condition for the Mainnet launch. Pi Coin has seen a remarkable 22,800% price surge in the last 10 months, with a current market value of over $10.
However, market projections suggest that Pi Coin's price could reach an annual high of $80 in 2025 or drop to $10 if market conditions worsen. The network's blockchain technology aims to support Web 3.0 applications, and its user base continues to grow, with over 100,000 engaged users. The Pi Network price may crash after its Mainnet launch due to various reasons, including the potential sale of tokens by pioneers who have been mining the token for years.
The Pi Network is set to launch its Open Network on February 20, 2025, marking a significant milestone in its six-year journey. The Open Network will enable external connectivity, allowing Pi to interface with other compliant networks and systems, expanding its utility and reach. Pioneers will be able to engage in transactions beyond the Pi ecosystem, and businesses can apply for KYB verification through the Pi website.
As the Pi Network continues to grow and develop, its community remains optimistic about its potential. With the Open Network launch and Mainnet launch on the horizon, the network's future looks promising, and its users are eagerly awaiting the next steps in its evolution.
