Pi Network, after six years of anticipation, has finally announced its mainnet launch. According to the official announcement, the Pi Network mainnet will go live on February 20, 2025, at 8:00 AM UTC (4:00 PM Beijing Time).
The announcement highlighted:
"Thanks to the Pi community's dedication over the past six years, we're taking the next step toward realizing Pi's vision: building the world's most inclusive peer-to-peer ecosystem, powered by the Pi cryptocurrency. With over 10.14 million Mainnet migrations completed (surpassing the 10 million target) and 19+ million verified Pioneers, Pi is ready to open its utility-driven ecosystem."
OKX to List Pi Coin on Launch Day
👉 OKX Exchange confirmed it will list Pi Coin (PI) simultaneously with the mainnet launch. Key timelines:
- PI Deposit Opens: February 12, 2025, 10:45 AM (UTC+8)
- PI Spot Trading (PI/USDT): February 20, 2025, 4:00 PM (UTC+8)
- PI Withdrawal Opens: February 21, 2025, 4:00 PM (UTC+8)
The news sparked reactions like: "My aunts will be millionaires... while Bitcoin holders look like clowns."
Pi Coin Hits $100 on Huobi (IOU)
Despite HTX (formerly Huobi) listing Pi Coin as an IOU ("IOU" denotes futures-like trading without actual Pi Coin transfers), its price surged to $100** post-announcement, currently stabilizing around **$80 (70% daily increase).
What Is Pi Network?
Launched in 2019, Pi Network promoted "mobile mining" via its app. However, its "enclosed mainnet" limited transactions to KYC-verified users, raising skepticism. The imminent mainnet launch will test Pi Coin's real-world utility.
FAQ
Q: When can I trade Pi Coin on OKX?
A: PI/USDT trading starts February 20, 2025, 4:00 PM UTC+8.
Q: Is Huobi's Pi Coin real?
A: Currently an IOU (not withdrawable); actual trading depends on mainnet integration.
Q: Why did Pi delay its mainnet?
A: The team cited migration targets and ecosystem readiness as key hurdles.
👉 Track Pi Coin's latest updates here.
Note: All external links except OKX have been removed as per guidelines.
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