Fri Feb 21 11:07:11 UTC 2025: ## Pi Network Coin Launches, Trading on Major Exchanges
**London, UK** – Pi Network, a mobile-first cryptocurrency, officially launched its mainnet on February 20th, 2025, making its Pi coin tradable for the first time. The launch marks a significant milestone for the project, which boasts over 110 million installations and allows users to mine cryptocurrency directly on their smartphones.
The coin is now listed on seven major cryptocurrency exchanges including OKX, Gate.io, Bitget, and CoinDCX. Over 10 million users are able to migrate their Pi coins from the testnet to the mainnet, allowing them to participate in the global cryptocurrency market. At launch, Pi was trading at $0.91, having earlier reached a high of $1.97, before settling to trade under $1. The 24-hour trading volume exceeded $811 million, reflecting significant early market interest.
Pi Network distinguishes itself from other cryptocurrencies through its accessible mining process. Unlike Bitcoin, which requires specialized and expensive hardware, Pi can be mined by simply using the mobile app and completing daily tasks such as verifying presence and building a “trusted circle” of contacts. The project uses an energy-efficient mining method and incorporates a KYC (Know Your Customer) verification process.
While the launch is positive news for Pi Network users, its long-term financial viability remains to be seen. The coin currently lacks a definitive market valuation, and its price is subject to market fluctuations. The project’s success will depend on sustained user engagement, community growth, and broader market adoption. Investors are advised to conduct thorough research and consider individual risk tolerance before investing.
First Piper 