Pi Network Mainnet Launch: Complete Timeline and Market Analysis

Pi Network Launch Timeline: The Complete History

Understanding Pi Network's launch requires examining several key dates, not just one. Here's the comprehensive timeline of Pi Network's major milestones:

March 2019 – Initial Pi Network Launch

Pi Network first launched as a mobile application, introducing the world to smartphone-based cryptocurrency mining. This marked the beginning of the Pi ecosystem, allowing users to mine Pi tokens directly from their phones without the energy-intensive hardware required by Bitcoin.

2021 – Testnet Phase Deployment

The network advanced to its testing phase, where developers could experiment with applications while the blockchain infrastructure underwent rigorous testing. This phase continued until late 2021 and established the foundation for the mainnet.

December 2021 – Enclosed Mainnet Deployment

Pi Network launched its mainnet with a crucial limitation—the network remained "enclosed" with a technical firewall preventing external connectivity. Users could transact Pi within the Pi ecosystem but couldn't trade on external exchanges.

February 20, 2025 – Open Network Launch

The defining moment arrived at 08:00 UTC on February 20, 2025. Pi Network removed the firewall and launched its Open Network, enabling external connectivity for the first time. This Pi Network mainnet launch date became the most significant milestone in the project's history.

Pi Network Launch Phases: Technical Analysis

Phase 1 – Beta Testing (2019-2021)

During this initial period, Pi Network focused on building its user base and testing the mobile mining concept. The application allowed people to mine Pi tokens simply by tapping a button once daily, making cryptocurrency accessible to everyday users who couldn't afford expensive mining hardware.

Phase 2 – Testnet Period (2021-2023)

The testnet phase marked Pi Network's transition from a simple mobile application to a genuine blockchain ecosystem. Developers began creating decentralized applications (dApps) for the Pi platform, while the core team refined the network's technical infrastructure.

Phase 3 – Enclosed Mainnet (December 2021-February 2025)

The enclosed mainnet represented a major technical achievement—Pi Network had a functioning blockchain where users could perform real transactions. However, the network remained isolated from the broader cryptocurrency ecosystem through an Isolated Network Architecture (INA).

Phase 4 – Open Network (February 2025-Present)

Pi Network's open mainnet launch on February 20, 2025, marked the beginning of the Open Network phase. For the first time, Pi tokens could connect with external systems, enabling trading on cryptocurrency exchanges and broader ecosystem integration.

Pi Coin Price Analysis at Launch

Pi token's price journey on February 20, 2025, reveals a narrative of excitement, speculation, and market reality.

Launch Day Price Action:

• Opening price: $1.47
• Maximum price: $2.10 (45% increase)
• End-of-day price: $1.01 (significant correction)
• Trading volume: Increased by over 1,700%

This volatility pattern matches typical launch-day behavior for new tokens entering open markets, with initial enthusiasm followed by price discovery mechanisms and profit-taking.

Technical Insights and Market Data

• Pi Network's open mainnet launch occurred on February 20, 2025 at 08:00 UTC, enabling external trading for the first time
• Multiple launch phases occurred from 2019 to 2025: Beta (2019), Testnet (2021), Enclosed Mainnet (December 2021), and Open Network (February 2025)
• 10.14 million Pioneers migrated to the mainnet and 19 million completed KYC verification, exceeding all initial targets
• Pi price opened at $1.47, peaked at $2.10, then corrected to $1.01 on launch day
• Major exchanges, including several top trading platforms now list Pi tokens with Pi/USDT trading pairs
• Pi Network has a maximum supply of 100 billion tokens with approximately 9.7 billion currently in circulation
• Users must complete KYC verification to access external trading capabilities

The successful transition from enclosed network to open mainnet represents a significant technical achievement for this mobile-first cryptocurrency project, which now faces both opportunities and challenges in the broader digital asset ecosystem.