Pi Network’s native token, PI, dropped more than 65% following the project’s highly anticipated mainnet launch. On Feb. 20, Pi Network announced that its “Open Network” had officially launched. The project said this allowed users to access centralized exchanges and other businesses beyond its ecosystem.

Pi Network price continues to struggle against intense selling activity as traders who bought during launch look to take profits. On February 20, 2025, Pi

Pi Network launched its open mainnet on Feb. 20, 2025, allowing external transactions and exchange listings after years of development.