Pi Network is a unique cryptocurrency project that enables users—known as “pioneers”—to mine digital currency directly from their mobile devices. Leveraging a consensus algorithm adapted from the Stellar Consensus Protocol (SCP), Pi offers an energy-efficient, user-friendly mining experience that requires just a daily tap on the app. Since its beta launch in 2019, Pi Network has attracted millions of users worldwide, although debates continue over the actual active user base versus claimed figures.
Quick Take
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The open mainnet launch on February 20, 2025, will transition Pi Network from an enclosed ecosystem to an interoperable blockchain, enabling external wallet transfers and exchange listings.
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This milestone unlocks real-world use cases for Pi Coin, including peer-to-peer transactions and enhanced dApp utility, potentially boosting network growth.
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Speculative price predictions for Pi Coin vary widely, with scenarios ranging from a bearish case of $10–$20 to a bullish forecast of $150–$300 in the first year.
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Despite the promising upgrade, risks remain such as discrepancies in user numbers, potential inflation and value dilution, centralized control, and privacy concerns related to mandatory KYC.
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Pioneers and investors should remain cautious, balancing the innovative potential of Pi Network with the inherent uncertainties of its growing digital asset ecosystem.
Pi Network Mainnet Launch Scheduled for February 20
Source: Pi Network blog
Scheduled for February 20, 2025, the Pi Network open mainnet launch marks a pivotal milestone in the project’s evolution. This phase will remove the current firewall of the enclosed mainnet, enabling external wallet transfers and paving the way for Pi coins to be listed on major cryptocurrency exchanges. With this transition, pioneers will be able to engage in real-world transactions, interact with decentralized applications (dApps), and integrate Pi into broader blockchain ecosystems—all while completing mandatory KYC verification to ensure a secure, compliant environment.
Read more: What Is Pi Network (PI) and How to Prepare for the Upcoming Mainnet Launch?
What Does the Mainnet Launch Mean for Pioneers, the PI Miners and Community?
For the Pi community, the open mainnet represents a transformational shift from an isolated ecosystem to an interoperable blockchain platform. Pioneers will now have the opportunity to transfer their Pi coins externally, increasing liquidity and facilitating mainstream adoption.
Additionally, the enhanced utility of Pi through the deployment of new dApps is expected to drive network growth and usage, potentially boosting the coin’s value. However, with this new phase comes increased scrutiny and higher expectations from both regulators and investors.
Read more: All You Ever Wanted to Know About Crypto Mining And How to Start
PI Network Price Prediction After Mainnet Launch
PI (IOU) price chart | Source: Coinmarketcap
As the mainnet launch draws near, market speculation regarding the future value of Pi Coin has intensified. Currently operating within an enclosed system, Pi is subject to speculative trading through IOUs with prices stabilizing between $61 and $70. Analysts have outlined several scenarios for the post-launch market:
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Bearish Case: In a scenario marked by high selling pressure and cautious investor sentiment, Pi could initially trade in the $10–$20 range.
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Neutral Case: With balanced demand and supply dynamics, early trading might stabilize between $50–$100.
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Bullish Case: Should investor enthusiasm surge and exchange listings spark widespread adoption, Pi could potentially climb to $150–$300 in its first year.
Long-term forecasts remain varied, with some experts projecting a potential moonshot if Pi achieves global merchant acceptance and robust network growth, while others advise caution given the project's inherent uncertainties.
Risks and Considerations
Despite the excitement, several risks shadow the Pi Network’s transition. Critics point to discrepancies in reported user numbers—claims of over 70 million users contrast sharply with blockchain data showing significantly fewer active wallets.
Inflation is another concern, as Pi’s circulating supply has doubled over the past year without a clear cap, potentially diluting long-term value. Moreover, the project’s centralized control by its core team, along with mandatory KYC verification and privacy concerns, adds further layers of risk for potential investors.
Conclusion
The Pi Network open mainnet launch on February 20, 2025, promises to be a turning point for pioneers, unlocking new functionalities and setting the stage for real-world utility. While the move could drive increased liquidity and adoption, speculative price predictions vary widely—from cautious bearish estimates to optimistic bullish forecasts. As Pi transitions to a fully decentralized and interoperable platform, investors and users alike should remain vigilant, conduct thorough research, and weigh the potential rewards against the inherent risks of an evolving digital asset.
Read more: How to Mine Dogecoin in 2025: A Step-by-Step Guide
