Pi Network has officially entered a new chapter with the launch of its Open Mainnet on February 20, 2025. This long-awaited step has allowed millions of Pioneers to finally transfer and use their Pi coins, moving from a closed test environment to a live blockchain with real-world utility. But what’s really happening behind the scenes—and how is Pi performing?
Let’s break down the latest news and market insights.
📈 Current Pi Coin Price & Market Movement
As of April 10, 2025, the price of Pi Coin (PI) is trading around $0.609 USD, with intraday highs of $0.65 and lows of $0.54. While price action has shown mild volatility, Pi still holds strong interest as a top tap-to-mine token.
Pi’s listing on select exchanges remains unofficial, with most tokens being IOUs or placeholders. The Core Team continues to warn users not to trade on unauthorized platforms.
🔍 KYC, Mainnet Migration & Transferable Balance Update
According to official data:
- Over 13 million Pioneers have passed KYC (Know Your Customer) verification.
- More than 6 million users have successfully migrated to the Open Mainnet.
- Some users remain stuck with transferable balances, often due to unverified earning team members or pending migration batch processing.
This phased approach ensures network security and decentralization as the ecosystem grows.
🔗 Growing Ecosystem of Pi dApps
Pi Network is aiming to host 100 decentralized applications (dApps) across commerce, games, and NFTs. As of now, over 27 dApps are live—a strong start toward building a functional Pi economy.
⚠️ Challenges: Market Volatility & New Competition
Recent bearish signals in the broader crypto market—such as Bitcoin’s death cross—pose potential risks to alternative coins like Pi. In addition, rising tap-to-earn platforms like Notcoin and Hamster Kombat present new challenges for user attention and adoption.
✅ Final Thoughts: Is Pi Network Still Worth Watching?
Absolutely. With an active user base, real Mainnet progress, and a unique mobile-first model, Pi Network remains one of the most promising crypto projects in 2025. But its future depends on how well it scales utility, dApp development, and exchange listings.
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