The long-awaited launch event of the Pi Network Mainnet has once again been delayed, disappointing millions of cryptocurrency users. Initially planned for an earlier deployment, the new deadline has been pushed to February 28, 2025.
This delay has raised concerns in the community, as many fear that the consecutive postponements could affect the listing potential of Pi Coin on major exchanges.
However, despite this obstacle, Pi Network continues to develop strongly. Recently, the network has reached an important milestone by successfully verifying 10 million users through the Know Your Customer (KYC) process - an important step to ensure a safe and reliable ecosystem.
At the same time, Pi Network has also warned 15 million users to only follow official accounts to avoid misinformation.
The Pi Network developers have repeatedly emphasized that the Mainnet launch event depends on three key conditions. The first two factors - successful KYC deployment and compliance with legal regulations - have been met. However, the third condition, requiring at least 100 decentralized applications (dApps) to be ready for operation, is still in the process of being finalized.
Currently, there are around 80 to 85 dApps ready, and the development team is working to complete the required number. The Pi Core Team has affirmed that they are working tirelessly to expand the ecosystem, ensuring that the system will operate stably and efficiently when the Mainnet is officially launched.
To reassure the community, the developers have reaffirmed that the Open Mainnet is still on track for the first quarter of 2025. They also call on users to complete the KYC verification and move their Pi assets to the Mainnet before the official launch. Delays in this process may result in users losing access to the Pi they hold.
Meanwhile, the cryptocurrency market is buzzing with rumors about the potential listing of Pi Coin on major exchanges. Although there is no official announcement, some reports indicate that Binance and OKX are considering adding this altcoin. Currently, Pi Coin has appeared on platforms such as Bitmart, HTX Global, and CoinW, but trading has not yet been activated.
Despite the continued delay of the Mainnet, Pi Coin has recorded an astonishing price growth of over 22,800% in the past 10 months. With more than 35 million active users, this network is attracting strong interest from investors who want to capitalize on the opportunity before Pi is officially launched.
Pi Network aims not only to create a simple transaction system but also to build a blockchain ecosystem supporting Web 3.0 applications. This platform provides an ideal environment for developers to build decentralized applications (dApps), while maintaining a mobile-friendly mining mechanism.
Market forecasts show that, under favorable conditions, Pi Coin could reach a peak of $80 by 2025. However, in the event of a market downturn, increased liquidity pressure, or further delays, Pi Coin could drop to a low of $10 by the end of the year. According to experts, under normal conditions, Pi could trade at an average price of around $45 in 2025.
With many variables affecting the future of Pi Network, the investment community is closely monitoring the project's next steps.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.
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