Pi Network Gains Market Attention as Binance Listing and Open Mainnet Launch Approach
Pi Network has experienced a surge in market interest over the past 24 hours as its listing day draws near. The cryptocurrency is expected to witness a significant price increase following the launch of its Open Mainnet. While the initial excitement surrounding regulatory developments has started to fade, the digital asset market is reverting to familiar trends. Overall, market activity remains subdued, with few events capturing investor attention. However, amidst these conditions, the Pi Network debate has resurfaced, bringing the cryptocurrency back into the spotlight.
According to reports, Pi Network is set to be listed on Binance on February 20, a development that investors believe could drive prices significantly higher. Some market analysts have even projected a potential price surge to $500.
Additionally, Binance’s listing coincides with Pi Network’s expected debut on several other major exchanges. The Open Mainnet launch is also scheduled for the same day, further fueling anticipation. However, ongoing controversies surrounding the cryptocurrency have added an element of uncertainty to these speculations.
In January 2025, Pi Network was already circulating in the market, albeit without an official launch or announcement. During this period, the project’s team announced an extension of the grace period, which reportedly led to price fluctuations. Then, on February 12, the team officially confirmed February 20 as the date for both the exchange listing and the Mainnet launch. This announcement has reignited investor interest and speculation.
Can Pi Network Reach the Expected Price Levels?
The Pi Network team has extended the grace period for pioneers to complete their KYC verification until February 28. This move has further boosted investor interest, particularly among early adopters.
While the token’s price may see a sharp rise on launch day—similar to many newly introduced cryptocurrencies—the real test will be whether it can sustain high trading levels after initial volatility settles.
Meanwhile, the IOU version of Pi Network is currently trading at $77.70, reflecting a remarkable 493% surge, according to CoinMarketCap data. Despite limited details regarding its initial listing price and other specifics, there is no denying that Pi Network has captured significant investor attention.
