Discussing the milestone significance of the PI network mainnet launch, sorting out the mainnet launch process, and combining the latest PI price on May 20, 2025, to provide investment reference for investors.
Preface
On February 20, 2025, Pi Network officially launched the Open Mainnet, marking a transition from closed testing to a truly decentralized network. This ‘pi network mainnet launch’ is not only about technology and ecology but also has a profound impact on the market performance and future applications of PI coin.
The background of the PI Network Mainnet launch
- Beta phase (March 14, 2019): The mobile social mining feature was launched, introducing the first batch of Pioneers.
- Testnet Phase (March 14, 2020): Distributed node testing to verify consensus algorithms and performance.
- Enclosed Mainnet stage (December 2021): The mainnet is launched but restricted by the firewall, completing KYC and ecosystem deployment.
- Open Mainnet phase (February 20, 2025, 08:00 UTC): Completely remove the firewall, support external wallet transfers and exchange docking.
Four core changes of the Mainnet opening
- Fully decentralized: allowing community nodes to directly run mainnet nodes, increasing network autonomy.
- Open trading: PI can be freely transferred to mainstream exchanges for buying, selling, and liquidity.
- Diverse applications: Developers can deploy DApps on the Mainnet to expand payment, DeFi, gaming, and other scenarios.
- Compliance KYC: Ensure the security of user identities, enhance network reputation and compliance.
Current PI price and market performance
Image:https://www.Gate.com/trade/PI_USDT
As of May 20, 2025, PI is priced at 0.7388 USD against the US dollar, holding steady within the past 24 hours, with a market capitalization of approximately 5.314 billion USD and a circulation of 719 million tokens. After the Mainnet launch, the price of PI surged and then fell back, oscillating in the range of 0.6–0.8 USD.
Key factors influencing PI price
- Liquidity enhancement: Exchange listings and external transfer functions have enhanced market depth.
- Application landing: Multiple DApps go online and merchants join in to drive actual trading demand.
- Community activity: The growth of KYC users and daily active addresses determines long-term value.
- Macro environment: The overall market trend of cryptocurrencies is interlinked with regulatory policies.
How to seize the opportunity after the PI Network Mainnet launch
- Complete KYC in a timely manner: Obtain full Mainnet access to participate in on-chain trading and DeFi.
- Pay attention to the exchange trends: The listing announcements of mainstream platforms often bring short-term fluctuations.
- Participate in the ecosystem construction: Obtain additional rewards through node operation or DApp development.
- Risk management: set take profit and stop loss to avoid capital losses caused by market sentiment fluctuations.
Conclusion
The launch of Pi Mainnet is not only a technological leap for the Pi Network, but also opens the real market door for PI coin. With the latest price level of 0.7388 US dollars, investors need to pay attention to project progress and market risks while enjoying the benefits of decentralization, make cautious decisions, in order to maximize the opportunities brought by the Mainnet launch.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
