After six years of development, Pi Network officially launched its Open Network on February 20, 2025, marking a crucial turning point from closed testing to full decentralization. This upgrade integrates six years of mining data and user verification mechanisms, and strengthens compliance through KYC real-name authentication. On the technical side, the node software upgrade released on April 30 further optimizes network stability and processing efficiency, but potential challenges must be heeded — currently, 90% of nodes are still running on Windows 10, which Microsoft will cease support for in October 2025.
Ecological construction accelerated simultaneously: Pi Network opened its advertising platform on April 10, allowing businesses to pay for advertising fees with PI coin, reaching millions of users worldwide; at the same time, Pi Network Ventures was established to support startup application development with a $100 million venture capital fund, with the first batch of incubated projects to be unveiled on June 28. This move aims to shift the positioning of PI coin from a “mining token” to a dual role as a payment medium and a store of value.
On the day of the mainnet launch, the price of PI coin experienced a dramatic fluctuation: it surged to a high of 2.2 dollars as soon as Gate exchange opened, but then plummeted by more than 50%, dropping to a low of 0.6 dollars, and as of June, it was still consolidating around 0.65 dollars. The market is focused on the end of 2025. Price Prediction Presenting a rare divergence:
Conservatives (e.g., Cryptopolitan): Expected range of $1.5 - $4.34, average annual price around $2.61, potential increase of 373.66%
Optimists (such as StormGain): Bullish up to $20, supported by a user base of 100 million and the leverage effect of the ecosystem fund.
Considering the overall technological advancements and market variables, the price of PI coin may exhibit the following scenarios in 2025:
Investors need to closely track three major signals: the speed of ecological application implementation, updates on new listings from more major exchanges, and data on token releases and staking. As analyst Ryan Lee stated: “The value of PI coin no longer depends on the number of miners, but rather on its ability to find an irreplaceable ecological niche at the intersection of payments and DeFi.”