
After years of anticipation, Pi Network achieved its most significant milestone in February 2025. However, with multiple different "launch dates" mentioned throughout Pi Network's history, many people remain confused about what actually happened and when.
If you've been following Pi Network or recently heard about it, you're probably wondering: When exactly did Pi Network launch? What does this mean for users? And most importantly, can you actually use your Pi tokens?
This guide walks you through every important Pi Network launch date, explains what each phase meant, and shows you exactly where things stand following the launch. Whether you're a longtime Pioneer or completely new to Pi Network, you'll have a clear understanding of the project's journey and current status by the end.
Key Takeaways
- Pi Network's main launch date was February 20, 2025 at 8:00 AM UTC, when the Open Network went live, enabling external trading for the first time
- Multiple launch phases occurred from 2019 to 2025: Beta (2019), Testnet (2021), Enclosed Mainnet (December 2021), and Open Network (February 2025)
- 10.14 million Pioneers migrated to mainnet and 19 million completed KYC verification, exceeding all original targets
- Pi price opened at $1.47, peaked at $2.10, then corrected to $1.01 on launch day, showing typical new cryptocurrency volatility
- Major exchanges now list Pi tokens with Pi/USDT trading pairs
- Pi Network has 100 billion maximum token supply with approximately 9.7 billion in circulation
- Users must complete KYC verification to access external trading and transfer Pi tokens to exchanges or external wallets
- Pi Network continues developing with upcoming Pi2Day events, ecosystem expansion, and real-world utility integration planned
Understanding Pi Network's launch story requires examining multiple key dates, not just one. Here's the complete timeline of major Pi Network milestones:
Pi Network first launched as a mobile app, introducing smartphone-based cryptocurrency mining to a global audience. This marked the beginning of the Pi ecosystem, allowing users to start mining Pi tokens directly from their phones without the energy-intensive hardware required by Bitcoin and other proof-of-work cryptocurrencies.
The network transitioned into its testing phase, where developers could experiment with applications and the blockchain infrastructure underwent rigorous testing. This phase lasted until late 2021 and established the technical foundation for the mainnet launch.
Pi Network launched its mainnet with a significant limitation – the network remained "enclosed" with a firewall preventing external connectivity. Users could transact Pi within the Pi ecosystem, but couldn't trade on external exchanges or connect with the broader cryptocurrency market.
The pivotal moment arrived at 8:00 AM UTC on February 20, 2025. Pi Network removed the firewall and launched its Open Network, enabling external connectivity for the first time. This date became the most significant milestone in the project's history, fundamentally changing Pi Network's role in the cryptocurrency ecosystem.
During this initial period, Pi Network focused on building its user base and validating the mobile mining concept. The app allowed people to mine Pi tokens by simply tapping a button once per day, making cryptocurrency accessible to everyday users who couldn't afford expensive mining equipment.
The beta phase served as proof of concept, demonstrating that millions of people were interested in a more inclusive approach to cryptocurrency. However, these tokens existed only within the Pi ecosystem and had no external trading value during this period.
The testnet phase marked Pi Network's transition from a simple mobile app to a proper blockchain ecosystem. Developers began creating applications (dApps) for the Pi platform, while the core team refined the network's technical infrastructure and security protocols.
During this period, users could test transactions and explore the Pi ecosystem, but still couldn't trade their tokens on external cryptocurrency exchanges. The testnet served as a crucial testing ground for what would eventually become the fully operational mainnet.
The enclosed mainnet represented a major technical achievement – Pi Network had a functioning blockchain where users could make real transactions. However, the network remained isolated from the broader cryptocurrency ecosystem through its firewall.
During this extended phase, Pi Network implemented its Know Your Customer (KYC) verification system and encouraged users to migrate their mined tokens to the mainnet. Events like PiFest 2024 demonstrated real-world Pi transactions, with over 27,000 active sellers and 28,000 test merchants across 160 countries participating in the ecosystem.
The open network launch in February 2025 marked the beginning of Pi Network's most significant phase. For the first time, Pi tokens could connect with external systems, enabling trading on cryptocurrency exchanges and broader ecosystem integration with the global financial system.
February 20, 2025, will be remembered as a pivotal moment in cryptocurrency history. At exactly 8:00 AM UTC, Pi Network removed the firewall that had kept its blockchain isolated from the outside world, enabling unprecedented connectivity and trading opportunities.
Within hours of the launch, Pi coin experienced dramatic price movements reflecting market discovery. The token opened at approximately $1.47, surged to a high of $2.10 (representing a 45% increase), then faced significant selling pressure as early adopters realized profits. By the end of the first day, the price had dropped to around $1.01, demonstrating the volatile nature of newly launched cryptocurrencies.
Trading volumes exploded by more than 1,700% as speculation and genuine interest drove massive activity across multiple exchanges. This volatility was expected, as millions of users who had been mining Pi for years suddenly gained access to trade their holdings.
The open network launch was made possible by reaching several crucial benchmarks:
These numbers represented years of steady growth and community building, proving that Pi Network had achieved the scale necessary for a successful open network launch.
Major cryptocurrency exchanges quickly moved to list Pi tokens following the launch. Several prominent platforms added Pi trading pairs, primarily Pi/USDT combinations, providing multiple venues for users to trade their holdings and new participants to acquire Pi tokens.
Long-time Pi Network users faced both significant opportunities and new requirements following the open network launch. The most substantial change was the mandatory KYC (Know Your Customer) verification process required to participate fully in the open network.
Pioneers who completed KYC verification could finally transfer their Pi tokens to external wallets and trade on cryptocurrency exchanges. However, those who hadn't completed verification found themselves unable to access the full benefits of the open network launch and external trading capabilities.
The launch also meant that Pi tokens earned through mobile mining over the years finally had real-world trading value. Many early adopters who had accumulated substantial Pi holdings suddenly found themselves with tradeable cryptocurrency assets with market-determined prices.
The open network launch created new opportunities for people interested in joining the Pi ecosystem. While the initial mining phase had concluded, new users could still participate through:
New users could also benefit from the mature ecosystem of applications and services that had developed during the enclosed network phase.
Following the launch, Pi token holders gained access to multiple trading venues. The open network launch opened up several options for buying, selling, and storing Pi tokens:
The launch date and price relationship demonstrated the volatile nature of newly launched cryptocurrencies. Pi coin's price journey on February 20, 2025, tells a story of excitement, speculation, and market reality.
Launch Day Price Action:
The initial surge reflected pent-up demand and excitement about Pi finally becoming tradeable. However, the rapid correction highlighted several market realities:
Many Pioneers who had been mining Pi for years without spending money saw the launch as an opportunity to realize profits. This created substantial selling pressure that overwhelmed initial buying interest.
With no previous external trading history, the market needed time to discover Pi's "fair value." The dramatic price swings reflected this natural price discovery process inherent in newly launched cryptocurrencies.
Pi Network's maximum supply of 100 billion tokens, with approximately 9.7 billion in circulation, influenced market dynamics. The large total supply relative to current circulation created uncertainty about future token releases and long-term valuation.
Following the initial launch period, Pi coin trading stabilized into a range that reflects ongoing market evaluation of the project's long-term potential and utility.
The open network launch marked the beginning, not the end, of Pi Network's development journey. Several important milestones and events are planned for future expansion:
Pi2Day represents a mid-year milestone that historically brings major announcements and feature releases. The date itself (6/28) symbolically represents 2π (approximately 6.28), reflecting Pi Network's mathematical foundation. Previous Pi2Days have introduced significant ecosystem updates, and upcoming events promise continued innovation and expansion.
With the open network now operational, Pi Network focuses on expanding real-world utility through:
Pi Network aims to become the world's most inclusive peer-to-peer ecosystem. This involves expanding beyond cryptocurrency trading to create a comprehensive digital economy where Pi serves as the native currency for goods and services worldwide.
The success demonstrated during PiFest 2024, with over 27,000 active sellers across 160 countries, provides a foundation for expanding Pi's use in everyday transactions. Future plans include integrating Pi payments into more merchants and service providers globally, creating practical use cases beyond pure speculation.
The open network launch enables Pi Network to pursue partnerships with established businesses and financial institutions. These partnerships could accelerate adoption and provide new use cases for Pi tokens in mainstream commerce and financial services.
The February 2025 open network launch represents the culmination of over six years of development and community building. From a mobile mining app in 2019 to a fully functional blockchain with external connectivity, Pi Network has achieved significant milestones.
Following the launch, 10.14 million migrated Pioneers can use their tokens for real-world transactions and trading on supported exchanges. With 19 million KYC-verified users and over 100 mainnet applications, Pi Network has built a solid foundation for future growth and ecosystem expansion.
The open network launch marks not an ending, but a new beginning for what could become one of the world's most accessible cryptocurrency ecosystems. As Pi Network continues expanding its real-world utility and pursuing strategic partnerships, the true impact of this launch will unfold in the coming years.
Pi Network's Mainnet Launch is scheduled for February 20, 2025, at 8:00 AM UTC. This marks a significant milestone in cryptocurrency history as Pi Network removes its firewall and connects to the external blockchain ecosystem.
Your mined Pi will not automatically transfer. You must manually complete the mainnet checklist to migrate your transferable balance. Locked Pi remains locked until duration expires. Future mining will also be transferable unless you change settings.
Pi Network mainnet launch means the network becomes fully operational and decentralized. Unlike testnet with developer control, mainnet operates entirely through community participation, offering stable transactions and enhanced security without centralized intervention.
After the February 2025 mainnet launch, you can trade or sell Pi coins on supported exchanges that list Pi. These platforms will provide trading functionality, allowing you to execute buy and sell orders for your Pi holdings.
Complete KYC verification before the deadline to qualify for mainnet rewards. Users who passed KYC can claim their Pi coins upon mainnet launch. Missing the deadline may result in losing mining rights during the grace period.
Pi Network mainnet faces liquidity uncertainty and potential price volatility risks. Exchange listings remain uncertain, and early investor exits could trigger significant price corrections. Monitor network adoption, token distribution updates, and official announcements carefully before participating.
Complete KYC verification, download the Pi Browser app, create your Pi wallet, and configure lock settings. Enable security features and back up your account credentials securely.











