The Pi Network cryptocurrency has reached a significant milestone. With the launch of the Open Network on February 20, 2025, the Pi Mainnet blockchain will be ready for external connectivity. This means that Pioneers will now be able to conduct transactions outside the Pi ecosystem. This move is expected to enhance the utility and global reach of Pi Coin. Pi Network announced this on X (formerly Twitter), stating, “The transition to the Open Network will allow Pi to connect with other networks and systems.”
Pi Coin’s Value and Market Performance
According to Crypto.com, the current price of Pi Coin is $1.73, with a 24-hour trading volume of $10.3 million. Over the past 24 hours, Pi Coin has recorded a 97.31% decline. However, it has risen by 43.85% from its 7-day low of $1.20. Pi Coin once reached an all-time high of $183.49 but is now 99.06% below that level. Analysts believe that the Open Network transition and listings on major exchanges could drive Pi Coin’s value up again.
Impact of the Open Network and Future Prospects
The launch of the Open Network is expected to increase Pi Coin’s global accessibility. This step will connect Pi to other blockchain networks and systems, thereby enhancing its utility. Experts believe that if Pi Coin gets listed on major exchanges like Binance, Bybit, and OKX, its price could see a significant increase. However, Pi Network has yet to make an official statement regarding the Open Mainnet debut.
Can Pi Coin Surpass the $100 Mark?
Pi Coin recently generated excitement in the market by approaching the psychological resistance level of $100. According to technical analysis, if Pi Coin surpasses this level with significant trading volume, it could reach $120 to $150. However, if it fails to break this level, the $40-$50 range could present an accumulation opportunity. According to Fortune India, the future of Pi Coin will depend on its exchange listings and real-world utility.
The Future of Pi Coin: Can It Reach $500?
Several reports suggest that if Pi Network successfully launches its Mainnet and gets listed on major exchanges, Pi Coin’s value could reach $500. However, this will depend on regulatory compliance and market conditions. Pi Network aims to become a significant player in the cryptocurrency ecosystem, but its success will be determined in the coming months.
Conclusion: Pi Network’s Next Steps
The upcoming months will be crucial for Pi Network. The Open Network transition, exchange listings, and new partnerships will shape the future of Pi Coin. Will Pi Coin surpass the $100 mark and continue its growth, or will it face challenges? Only time will tell. Share your thoughts and predictions below!
