Pi Network Launches Open Network On February 20, PI Is Ready To Be Traded

Pi Network (photo: Indodax)

JAKARTA - After years of waiting by the community, Pi Network finally announced the launch of the Open Network phase on February 20, 2025.

In its official announcement on the minepi.com website, the Pi Network team confirmed that more than 10.14 million accounts have successfully migrated to Mainnet, while more than 19 million users have completed the KYC (Know Your Customer) process.

Not only that, but OKX has also confirmed that PI tokens will start trading on their exchanges on the same date it launched.

What Are The Impacts?

Based on records from Indodax, with PI listings that can be traded in the market, the price of PI after listing can experience high fluctuations. The several driving factors are:

Selling Pressure From Initial Holders

Users who have been mining PI for years may want to sell it as soon as listing. If the selling pressure is high, the price could be corrected.

Interest In New Investors

If there is a big demand from investors and institutional traders, the price of PI could jump in a short time.

Adoption in Ecosystem

The more applications that use PI as a means of payment, the greater the potential for PI prices to increase.

However, based on an analysis from CoinGabbar, the market is currently still in the speculative stage. Thus, Indodax advises traders to have a good risk management strategy before investing in PI.