The race to list Pi Coin has officially begun. After years of anticipation, Pi Network has finally confirmed its open mainnet launch, setting the stage for a major shift in the project’s journey. Now, top crypto exchanges are moving fast to secure their spot in the action. Leading the charge is OKX, which has announced the listing of the PI/USDT spot trading pair, set to go live on February 20 at 8:00 AM UTC.
With Pi Network crossing key milestones and exchanges jumping on board, is this the beginning of something big? Let’s take a closer look at what’s happening.
On February 11, Pi Network’s core team confirmed that its mainnet will officially launch on February 20, 2025. Pi Network is a unique mobile mining project that allows users to earn Pi tokens from their phones without affecting battery life.
The team reported that over 19 million users have completed KYC verification, with 10.4 million already migrating their coins to the mainnet. This milestone meets one of the key conditions set for the launch. Additionally, the network now has 100 applications ready for the mainnet, fulfilling another major requirement. Since no external issues are expected to delay the process, the launch is set to move forward as planned.
OKX was the first major exchange to confirm support for Pi Coin, announcing that PI/USDT spot trading will begin on February 20 at 8:00 AM UTC. The listing news quickly pushed Pi Coin’s price up to $92, marking a 90% surge in just 24 hours.
Bitget followed closely behind, confirming that it will also list Pi Coin. While deposits are not yet available, withdrawals will open on February 21 at 9:00 AM UTC. With two major exchanges on board, more platforms are expected to add support soon.
After its sharp rally, Pi Coin is now seeing some corrections and is trading around $63. It has struggled to break past the $100 resistance level, leading to a period of consolidation. Analysts suggest that if Pi Coin manages to cross this level, it could rise toward $189, representing a 165% increase.
In a more optimistic scenario, a breakout above this could send Pi Coin to its all-time high of $345. However, if the price drops below $40, the bullish trend may lose momentum.
With the mainnet launch just days away and major exchanges backing its growth, Pi Coin is entering a crucial phase. Its price movements in the coming weeks will be key in determining whether it can maintain its upward momentum or face further corrections.
The crypto community is now watching closely to see what happens next.
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