Open Mainnet Launch Marks New Phase for PI Network
After six years of ecosystem development, PI Network officially launched its Open Mainnet on February 20, 2025. This 100-day milestone represents a significant achievement for the project, enabling full blockchain connectivity with external networks and providing real-time utility for:
- Developers
- Businesses
- Over 13 million migrated Mainnet users
Despite this important development, PI Coin (PI) has shown remarkable price stability, consistently trading below $0.60 throughout this period.
Market Performance and Technical Analysis
Current market data reveals:
- PI facing resistance at the 50-day EMA ($0.61)
- Daily trading volume averaging $77 million
- 35% decrease from seven-day average volume
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$100 Million Venture Fund and Pi Day Success
The PI Foundation recently announced "PI Network Ventures" - a $100 million fund designed to support:
- Startup integration within PI ecosystem
- Projects advancing PI commercialization
- Real-world utility applications
Notable ecosystem additions include:
- FruityPi (fruit-matching mobile game)
- Enhanced developer portal access
- PI advertising network pilot program
The 2025 Pi Day celebration attracted:
- 125,000 registered merchants
- 58,000 active sellers
- 1.8 million Pioneer engagements via PI Map
Domain Auctions and Network Growth
The ongoing .PI domain auction has achieved:
- 57,000+ unique participants
- 123,000+ valid bids
- 69,000+ active domain auctions
- 3 million PI staked
Recent network statistics show:
- 300K+ Pioneers migrated to Mainnet
- 7.4 billion PI migrated
- 400K+ active nodes across testnets/mainnet
Frequently Asked Questions
Q: How does PI Network differ from other cryptocurrencies?
A: PI focuses on mobile accessibility, gradual distribution, and real-world utility through its extensive merchant network.
Q: What's the purpose of the $100M venture fund?
A: To accelerate ecosystem development by funding promising projects that integrate with PI's infrastructure.
Q: Can anyone participate in .PI domain auctions?
A: Yes, the auctions are open to all PI Network members with available PI balance.
Q: How has the Mainnet changed PI's functionality?
A: It enabled full blockchain interoperability and removed previous transaction restrictions.
Q: What's next for PI Network?
A: The team plans to expand merchant adoption and developer tools throughout 2025.
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