Pi Mainnet Officially Launched Amid Market Uncertainty

Pi Network’s Open Mainnet launched on February 20, 2025, marking a major milestone for users who can now engage in real-time cryptocurrency trading. This launch has resulted in a surge of activity and user engagement globally, with the user base exceeding 60 million individuals. Alongside the mainnet launch, a $100 million fund dedicated to decentralized application (dApp) development was announced. While this launch heralds an exciting new era for the Pi Network ecosystem, some users express concern about potential centralization risks due to the limited number of validator nodes. Despite recent technical hiccups, the network has returned to stability following quick updates from TON’s official channel and offers a reassurance to concerned users. Market activity has undeniably intensified with the launch, although some observe a subsequent price decline due to sell-off concerns. The Pi Network’s focus on fostering innovation through decentralized applications is seen as key to attracting investment in this evolving cryptocurrency market. The mainnet launch marks a significant step towards Pi Network’s goal of expanding its ecosystem, creating an environment for decentralized application development and community growth.