Date: Wed, February 12, 2025 | 02:30 AM GMT
After six years of development, Pi Network (PI) has officially announced today its transition to an Open Network, with the mainnet launch scheduled for February 20, 2025, at 8:00 AM UTC. This milestone marks a significant step forward for the mobile-based cryptocurrency project, which has allowed millions of users, known as Pioneers, to mine PI directly from their smartphones.
Following the announcement, CoinMarketCap updated its database to distinguish between the Pi (IOU) token and the official PI cryptocurrency, reflecting a circulating supply of 5.96 billion PI.
The market has reacted strongly, with the unofficial Pi (IOU) price surging over 70% in response to the news.
This surge highlights the growing anticipation and excitement surrounding Pi Network’s official debut.
OKX Exchange Confirms PI Coin Listing
Following Pi Network’s mainnet confirmation, OKX Exchange has stepped up as one of the first platforms to support PI trading. The exchange will introduce PI/USDT spot trading, allowing users to finally trade their mined PI coins in an open market.
Here’s the official PI listing schedule on OKX:
- PI Deposits Open: February 12, 2025, at 2:45 AM UTC
- PI Call Auction: February 20, 2025, from 7:00 AM to 8:00 AM UTC
- PI/USDT Spot Trading Begins: February 20, 2025, at 8:00 AM UTC
- PI Withdrawals Open: February 21, 2025, at 8:00 AM UTC
This marks a significant milestone for the Pi Network community, as many pioneers have waited for years to see the project reach full mainnet status. With the OKX listing, PI will finally enter the wider crypto market, bringing real trading opportunities to its massive user base.
Final Thoughts
Pi Network’s mainnet launch and OKX listing signal the next phase for the project, but investors should remain cautious. The actual price of PI will be determined by market supply and demand, and as with any cryptocurrency, volatility is expected.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making any financial decisions.