The highly anticipated launch of Pi Network's open mainnet on 20 February 2025 led to a dramatic 65% decline in the value of its native cryptocur

The Pi Network finally threw open its doors to external trading at 8 am UTC on February 20th, 2025, after years and years of anticipation… It effectively ended the “Enclosed Mainnet” phase which flagged off in December 2021.

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

The Pi Network mainnet launch has generated considerable market trading for the Pi Coin that saw pump and dump leaving investors on edge.

Pi Network’s mainnet launched on February 20, 2025, pushing Pi Coin up 36% in minutes; trading volume soared 3600%, but volatility remains high.

Pi Network price initially jumped after the mainnet launch on Thursday, and then erased all those gains. Pi, the popular tap-to-earn token, was trading at $0.7290 on Friday morning, much lower than Thursday’s high of $2.

Pi Network's highly anticipated mainnet launch on February 20, 2025, marked a historic moment for the cryptocurrency ecosystem. Within less than an hour of going live, Pi Coin surged more than 35%, reflecting the excitement and growing market interest surrounding the project.

When the Pi Coin was launched, its price touched a remarkable all-time high of $2.10. However, on the same day, it crashed by 71 per cent to hit an all-time low of $0.6152.

Pi Coin's price has doubled in recent weeks, nearing the $100 mark. Analysts suggest breaking this psychological resistance with strong volume could push it to $120-$150 or higher. However, failure to break through may lead to a drop to $40-$50,

Cryptocurrency is reshaping financial ecosystems across the world. In India, we are experiencing the rise of two significant digital assets - Pi Coin and Jio Coin.