Pi Coin has been making headlines following the much-anticipated Open Mainnet launch on February 20, 2025. Within hours of going live, Pi was listed on major exchanges . But what followed was a rollercoaster—its price surged past $2 initially, only to crash by over 55% to around $0.78 in less than a day.

Pi Network’s native token, PI, dropped more than 65% following the project’s highly anticipated mainnet launch. On Feb. 20, Pi Network announced that its “Open Network” had officially launched. The project said this allowed users to access centralized exchanges and other businesses beyond its ecosystem.

Pi Network’s native cryptocurrency, PI, experienced a sharp decline of over 65% following the long-awaited launch of its mainnet.

Pi Network launched its open mainnet on Feb. 20, 2025, allowing external transactions and exchange listings after years of development.

The Pi network launch is here as PI Coin plunged nearly 100% within minutes of the highly-anticipated event. Can it recover?

After 6 years of existence, the Pi network is set to bring a new revolution to the crypto industry. Chengdiao Fan is enthusiastic as she introduces the power of the Pi Network in the new era of open networks.