Pi Network’s Launch Date Confirmed: Here’s All You Need to Know

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The Pi Network launch date has been confirmed. The long-awaited Open Network will launch?on February 20, 2025.

With more than 19 million KYC’d Pi holders following closely, the payments cryptocurrency project is ready for the next chapter — one that was six years in the making.

Now, Pioneers can set their alarms for 8AM GMT (9AM CET, 3AM EST) on February 20, 2025, as the Pi Network hits the open stage of the promised Mainnet.

What is Pi Network and Pi coin? What does Open Network mean? What happens next for Pi holders? Techopedia has followed every step of the journey — here’s everything you need to know.

Key Takeaways

  • The Pi Network Open Mainnet launch date is February 20, 2025.
  • The deadline for Mainnet migration has been extended to February 28, 2025.
  • As of February 12, 2025, Pi has 19 million KYC users, and ten million Pioneers have migrated to Mainnet.
  • Pi Network allows users to mine its cryptocurrency via mobile phones, aiming to make mining easy and accessible to everyone.
  • The open mainnet will enable Pi Coins ($PI) to be traded for other cryptocurrencies and fiat currencies.

When Is Pi Network’s Launch Date?

Confirmed: February 20, 2025

The Pi Network confirmed the Open Network launch is happening on February 20, 2025.

The announcement blog, published on February 11, 2025, gave us plenty of insight into what to expect.

First, some basic information and metrics: Before the Mainnet, Pi holders (Pioneers) were transacting on a testnet, which technically locked the Pi token away from the broader cryptocurrency world.

Over the last year, the Pi team encouraged holders to migrate?to a firewall-protected version of the Open Network, and an incredible?10.14 million Pioneers did?so.

Meanwhile,?19 million Pi holders?went through the?Know Your Customer (KYC) identity process — it really can not be understated how large a movement Pi Network is.

The team has also inspired the development of more than 100 Mainnet-ready apps, which are largely geared towards making Pi a payment network to be reckoned with.

The team promised Mainnet would launch when:

  • 10 million users had migrated over
  • 15 million Pioneers had completed KYC
  • 100 apps were ready

…So here we are! Users and developers delivered, and the Pi core team stuck to their word.

What Mainnet Means for Pi Coin

Once live, the Open Network brings the most important change yet: external connectivity, which means the wider cryptocurrency community can start using Pi’s payment systems and start trading Pi coin.

Speaking of Pi coin, the Pi coin price surged during the announcement from $49 to $92, settling at $78 12 hours later. We sound a note of caution, however, as the coin is not yet publicly tradable — the market has not yet determined Pi Network’s value.

Could we expect major exchange listings in the coming months? There’s no news yet, but for the first time, the possibility exists.

In other Pi Network news, we warn Pioneers who have not yet migrated to Mainnet that you have until February 28, 2025. After that date, there is a chance your testnet Pi tokens are locked away and become valueless.

Use the Pi Network App on the App Store and Google Play Store to complete KYC and approve migrating your tokens before then.

Why Pi Matters

Many cryptocurrencies promise to be the payment platform of the future. What Pi Network has is the groundswell of user support behind it.

For instance,?PiFest 2024, a one-week event in November 2024, saw Pi used to buy goods and services between Pi merchants and Pioneer shoppers out in the real world.

The event saw 28,000 test merchants across 160 countries and participation from more than 950,000 Pioneers.

On Twitter, the official Pi Network account is neck-and-neck with the Ethereum Foundation account, with both accounts boasting 3.6 million followers on X as of February 2025.

Pi Network claims there are 60 million Pioneers (although on-chain activity suggests the number is closer to 6m wallets).

On the blockchain?side,?Pi has an easy mining setup — anyone can mint Pi on a desktop or mobile every 24 hours.

The project’s native token is Pi Coin, which the team expects people to use for everyday transactions.

Notably, unlike traditional digital currencies such as Bitcoin (BTC) and other proof-of-work (PoW) cryptocurrencies, Pi Coin does not require energy-intensive hardware to mine it. This explains why the token has successfully attracted a vast network of miners.

It does not come without controversy — critics suggest that Pi’s marketing, based largely around bringing new friends in to mine Pi gives Pi characteristics closer to a memecoin than a legitimate payment ecosystem.

On the other side of the coin, the number of users is Pi’s biggest selling point — few cryptocurrencies can rival its level of engagement.

It is a substantial following: The question is whether Pi can expand and monetize on this successfully.

The Bottom Line

The official Open Network launch is a make-or-break moment for Pi Network.

The project has successfully attracted millions of people to its mobile mining setup. Can the Pi Team replicate that success across its ecosystem and in the real world?

What is certain is there is a crowd watching the Pi coin launch date.

FAQs

What is Pi Network’s goal?

How much is Pi Network worth?

When will Pi Network launch?

How to sell Pi Network coin?

Will Pi Coin be listed on exchanges?

References

  1. Pi Team Announcement (Twitter)
  2. Ethereum Foundation (Twitter)
  3. Pi Explorer (Explorepi8437.pinet)
  4. Pi on CoinMarketCap (CoinMarketCap)

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Related Terms

Ruholamin Haqshanas
Cryptocurrency Journalist
Ruholamin Haqshanas
Cryptocurrency Journalist

Ruholamin is a crypto and financial journalist with over three years of experience. Apart from Techopedia, he has been featured in major news outlets, including Investing.com, The Tokenist, Cryptonews, and 24/7 Wall St, and has also worked with some prominent crypto and DeFi projects. He holds a Bachelor's degree in Mechatronics. Ruholamin enjoys reading about tech developments, writing, and nature-watchingю

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