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In-Depth Analysis: When Will Pi Network’s Open Mainnet Launch? Decoding 2025 Plans and Current Status from Official Sources

Pi Network has garnered global attention for the ease with which users can mine cryptocurrencies on their smartphones. Especially as 2025 approaches, expectations for the “Open Mainnet to finally launch” are building both within and outside the community. However, it’s also true that various pieces of information, including specific dates, are circulating and often contradictory. This article aims to set aside fervent rumors and expectations, and objectively and logically unravel Pi Network’s “present” and “future” based on officially released information.

What is Pi Network in the First Place? Basics of the Cryptocurrency Project You Can Join with Your Smartphone

First, let’s reconfirm the basic concept and purpose of Pi Network: what kind of project it is and why it attracts so many people.

Pi Network is a cryptocurrency project launched in 2019 by Stanford University PhDs Nicolas Kokkalis and Chengdiao Fan, among others. Its biggest vision is to create “a global cryptocurrency accessible to everyone.”

To realize this vision, Pi Network possesses the following features:

Smartphone Mining: Unlike Bitcoin, which requires high-performance computers and large amounts of electricity, you can participate by simply tapping a button once a day on a smartphone app.
Environmental Consideration: It adopts a unique consensus algorithm (based on the Stellar Consensus Protocol) that consumes less energy, and is thus considered to have a very small environmental footprint.
Current Phase: “Enclosed Mainnet”: It is currently in a phase called the “Enclosed Mainnet.” This is a state where Pi’s blockchain is isolated from external exchanges and other blockchains, like a “walled garden.” During this period, user identity verification (KYC) is advanced, and an ecosystem of apps (dApps) that use Pi is being fostered.

Fact-Checking the Core Rumor: The “2025 Launch Theory”

Recently, specific information, particularly on overseas social media and video content, claiming that the “Open Mainnet will launch on June 28, 2025,” has become a hot topic. While this would be big news if true, let’s calmly verify its credibility against official statements.

To be clear, no specific date, such as “June 28, 2025,” has been announced by the Pi Network core team at this time.

These pieces of information are likely to have spread due to the expectations and predictions of some influencers and community members. No such definitive announcement has been confirmed from the social media accounts of co-founder Chengdiao Fan.

Furthermore, while a figure of “300 million users” is sometimes mentioned, this is also likely an exaggeration. According to official Pi Network information, over 19 million users have completed KYC (Know Your Customer), which undoubtedly represents a huge community, but it is always important for us to base our judgments on accurate numbers.

The Key to Success: Three Essential Conditions for Open Mainnet Migration as Stated by Pi Network

So, what is the path to the Open Mainnet officially indicated by Pi Network? There are three crucial conditions that must be met for the healthy growth of the project. Only when these are cleared can Pi step out of its “walled garden” into the outside world.

Condition 1: Ecosystem Readiness
This refers to the readiness of the internal network. Specifically, this includes:
- KYC and Mainnet Migration: 15 million users have completed KYC, and 10 million of them have migrated their Pi to the Mainnet wallet. (This goal has reportedly already been achieved)
- Utility: Over 100 applications (dApps) that can actually be used or enjoyed with Pi are ready to operate on the Mainnet.
Condition 2: Technical Readiness and Maturity
This concerns whether the network’s technical foundation is mature enough to withstand an open environment. This includes network stability, the ability to process many transactions quickly (scalability), and sufficient security against external attacks.
Condition 3: Favorable External Environment
Not only issues within Pi Network itself, but also the global situation surrounding the project are important. For example, the absence of a global financial crisis or war, and the clarity of cryptocurrency regulations, are factors considered.

From these conditions, it can be inferred that the Pi Network team is prioritizing the construction of a sustainable and valuable ecosystem, rather than simply rushing a launch.

Pi Network Ecosystem Outlook: dApps, Nodes, and Community

What kind of world will unfold beyond the Open Mainnet? Let’s look at the overall vision of the ecosystem Pi Network aims for and its potential.

- dApps (Decentralized Applications): These are the heart of the Pi economy. After the Open Mainnet, developers will be able to build various applications on the Pi blockchain. For example, marketplaces where goods can be bought and sold with Pi, games, and social media could be envisioned, creating “use cases” for Pi.

– Nodes: Nodes are a mechanism where volunteer computers worldwide verify and support the network’s transaction records. By maintaining the network through many nodes rather than centralized corporate management, Pi Network’s decentralization and security are preserved.

Community Power: A massive and active user community numbering in the tens of millions is the greatest asset of this project. This community’s use of dApps and engagement in economic activities will invigorate the entire Pi ecosystem.

Conclusion: How Should We Approach the Future of Pi Network?

Based on the information gathered so far, how should we, as users, approach this ambitious project called Pi Network?

The most important thing is to calmly observe the progress of the “three conditions” outlined by the official team, rather than being swayed by uncertain date rumors. Pi Network is not a speculative project designed to make you rich overnight; rather, it is an ambitious social experiment in the process of building a new economic zone with a long-term vision.

Its success is not yet guaranteed. However, its innovative vision and the potential held by its massive, global community are unique attractions that many other projects lack.

To truly assess the project’s future value, always make an effort to obtain the latest and most accurate information from official announcements within the Pi Network app, its official website, or official social media accounts. Observing this project’s future based on objective information, rather than being carried away by enthusiasm, will be the wisest approach.

【2025 Latest】Pi Network: The ‘Main Event’ Is Coming! Crucial ‘Second Migration’ & Essential Security Measures Explained

Many ‘Pioneers’ have been mining Pi on their smartphones for years. However, with the specific progress of the Open Mainnet remaining unclear, many may be feeling questions and anxieties like, ‘What’s going to happen to this project?’ or ‘Is my Pi safe?’

In conclusion, looking at the community and project trends, it’s fair to say that Pi Network’s ‘main event’ is yet to begin. However, to truly reap the benefits of that future, there is crucial knowledge that cannot be overlooked.

This article will objectively organize the ‘now’ and ‘future’ of Pi Network based on factual information, thoroughly explaining the particularly important milestone of the ‘Second Migration’, and providing specific and indispensable safety measures to protect your digital assets from scams that aim to steal everything you have, in a way that anyone can understand.

Pi Network’s Current Position: Price Rumors and the Project’s True Focus

First, let’s clarify the current status of prices and rankings, which many are curious about, and confirm the true direction the project is aiming for.

Current Status of IOU Price and Ranking [Fact Check]

Currently, ‘Pi’ is traded on some overseas exchanges, and a price is displayed. However, this is not yet the official Pi Coin that has migrated to the mainnet. This is referred to as ‘Pi IOU (I Owe You),’ a speculative trade expecting to be exchanged for actual Pi once it’s officially listed. Information sites like CoinMarketCap also show this IOU price fluctuating around $0.6, but it’s important to note that this is not a value officially recognized by the project.

More Important Than Price? The Project’s Vision for ‘100 Apps’

In the enthusiastic community, the focus is not on ‘what today’s price is,’ but rather on ‘how Pi can be used in the real world.’ The long-term success of the project depends not on speculative price surges, but on how many practical applications—such as payments and services using Pi—emerge within the ecosystem. A grand vision is currently underway, aiming for a world where Pi can be used in every aspect of daily life.

【Most Important】Don’t Let Your Pi Be Stolen! Safe Use of the Official Wallet

If you believe in the project’s future, the most important action you should take right now is to secure your assets. Unfortunately, scams preying on Pi’s popularity are rampant, exposing many users to the risk of becoming victims. Here, we explain specific and indispensable knowledge to protect your Pi from fraud.

Prevalent Pi-Targeted Scams in Reality

Scammers use every means possible—fake websites, enticing social media ads, official-looking emails—to steal your ‘wallet passphrase.’ The passphrase is the unique master key to access all your assets. Giving this to someone else is the same as, or even more dangerous than, handing over your bank’s ATM card and PIN.

Three Checkpoints to Identify the Genuine ‘Pi Wallet’

The official Pi team has repeatedly warned that you should only enter your passphrase into the ‘genuine’ Pi wallet within the Pi Browser. Please check the following three points with utmost diligence every single time:

Check the URL: Confirm that the address bar at the top of your browser is unmistakably ‘wallet.pinet.com‘. If even one character is different, it’s a fake.
Check the Bar Color: The navigation bar (the band at the top) of the genuine wallet is ‘purple.’
Check the Logo: Confirm that the familiar official Pi logo is displayed within the purple bar.

Never enter your passphrase into any site that does not meet these three conditions. This single piece of knowledge will protect all your assets.

Your Passphrase is the ‘Key to Your Bank Vault’ – Never Share It with Anyone

Pi Core Team members or support will absolutely never ask you for your passphrase. Sweet words like ‘I’ll unlock it for you’ or ‘I’ll migrate it for you’ are all scams. Your passphrase is the most critical secret information that only you should know.

Roadmap to the Future: ‘The Trailer Hasn’t Even Started Yet’

Pi Network is said to be still in the early stages of its grand plan. Let’s look at the important steps planned for the future that may determine the project’s value.

What is the Next Big Step: ‘Second Migration’?

Currently, many Pioneers are eagerly awaiting the ‘Second Migration.’ The community has reported movements suggesting its commencement, raising expectations.

The most significant difference from the First Migration is that coins are not automatically locked up. In the Second Migration, it is said that users will be able to choose whether to lock up their migrating coins for a certain period to increase their mining rate, or to make them available immediately as ‘transferable balance’ without locking them.

Will Past Contributions Take Shape? ‘Validator Rewards’ and Other Plans

In Pi Network, there is a role called ‘Validator’ who helps other users with KYC (Know Your Customer). Plans are underway to give Pi as a reward to users who contribute to this verification process.

In addition, many other milestones remain for the project to achieve, such as listing on major exchanges like Binance and the full-scale deployment of the aforementioned ‘100 Applications,’ and further progress is anticipated.

Understanding Your Asset Breakdown: Three Types of Balances in Pi

Many people might look at the app’s Mainnet screen and feel confused by the different types of balances. Let’s organize your asset breakdown here:

Unverified Balance: This is the Pi earned from team members you invited who have not yet completed KYC. This balance will not become yours until they complete KYC.
Transferable Balance: This is the Pi that you yourself have mined, or earned from team members who have completed KYC, and has become ready to migrate to your Mainnet wallet. The Second Migration will primarily target this balance.
Migrated Balance: This is the Pi that has already completed migration to your Pi wallet, for example, through the First Migration. If you have set a lock-up period, you cannot move it until that period ends.

Conclusion: Future Expectations and What You Should Do Now

There is no doubt that Pi Network is a long-term project with a grand vision. Important steps, such as the Second Migration, are pending for the full activation of the ecosystem, which could be considered the ‘main event.’

However, if you expect a big bloom in the future, it is most important to secure your assets right now. Even if the value of Pi increases significantly, it will be meaningless if it is lost instantly due to scams.

First, thoroughly apply the ‘Three Checkpoints’ learned in this article and re-evaluate your wallet usage habits. Then, carefully monitor official announcements and safely support the project’s future.

What is Pi Booster? An Objective, In-depth Guide to This DApp for Paying Mobile Bills with Pi Coin – Mechanics, Usage, and Safety

Introduction: Is Pi Coin Moving from “Speculation” to “Practical Utility”?

“Pi Network,” which has garnered global attention for allowing easy mining on smartphones, poses a fundamental question for many of its participants, the “Pioneers”: “When and how will this Pi Coin become usable?”

Currently, Pi Network is in a “closed mainnet” phase, isolated from external exchanges, and its value is not yet finalized. However, within this closed ecosystem, there’s a surge of activity demonstrating concrete uses for Pi Coin—its “practical utility.”

This article focuses on “Pi Booster,” a DApp (decentralized application) that has become a hot topic in the community for allegedly allowing users to pay mobile bills with Pi Coin. We will thoroughly analyze and explain its mechanics, usage, and, most importantly, its safety from an objective viewpoint, devoid of promotional information.

Overview of the Popular DApp “Pi Booster”

First, let’s examine Pi Booster’s core functions and features to understand what kind of service it is and why it has attracted so much attention within the Pi Network community.

What is Pi Booster?

Pi Booster is one of the “decentralized applications (DApps)” that operates on the Pi Network blockchain. To give a familiar example, think of a DApp as an app that runs on a smartphone OS (like iOS or Android). Pi Booster provides a specific function—”mobile bill payment”—on the Pi Network platform.

Its main purpose is to enable users to directly use their held Pi Coins to pay for mobile phone communication charges (data plans and call credits) without first converting them into fiat currencies like Japanese Yen or US Dollars.

3 Claimed Main Features

Pi Booster claims the following three main advantages as reasons for its support:

Fast and Low-Cost Transactions: Since it bypasses traditional banking systems and payment gateways, transaction fees are said to be low, and processing is fast. This leverages the inherent benefits of blockchain technology.
Global Coverage: It claims to support many countries worldwide, including Africa, Asia (reportedly Indonesia), and Latin America, and a variety of mobile carriers. This holds the potential to facilitate cross-border remittances and payments.
Simple Operability: It is designed with a user-friendly interface to be intuitive even for users unfamiliar with cryptocurrency transactions.

【Important】Objective Fact-Check and Safety of Pi Booster

While attractive features are touted, especially in the world of cryptocurrency, it is critically important to calmly assess the reliability and safety of such information. Here, we objectively verify Pi Booster’s standing and essential precautions users must be aware of.

Pi Booster is Not an Official App

The most crucial fact is that Pi Booster is not an official application developed or provided by the “Pi Core Team,” the developers of Pi Network. It is a third-party DApp, developed by volunteers in the community or external companies.

The Pi Network ecosystem aims to be an “open platform” where anyone can develop DApps. Thus, the emergence of apps like Pi Booster itself can be seen as a positive sign of ecosystem growth. However, the fact that it is “not official” is a fundamental premise for evaluating its safety and trustworthiness.

Security and Usage Precautions

When using third-party DApps, always keep the following points in mind:

Wallet Connection Risks: To use a DApp, you need to connect your Pi wallet and approve transactions. Connecting your wallet to a DApp whose reliability hasn’t been sufficiently verified carries the risk of losing your cryptocurrency.
Principle of Self-Responsibility: If any trouble (e.g., mistaken transfer, service discontinuation) occurs due to the use of a third-party DApp, the responsibility generally lies with the user. The Pi Core Team will not provide compensation.
Thorough Information Gathering: Before considering use, it is essential to thoroughly research official websites and community reputations to determine trustworthiness.

In conclusion, when using Pi Booster, you must fully understand these risks and proceed entirely at your own responsibility. If you are unsure, it is wise to try small test transfers or refrain from using it until its reliability is more firmly established.

Specific Usage of Pi Booster (5 Steps)

For those who understand the above risks and still wish to try Pi Booster, here are the generally reported usage steps in 5 stages:

Access via Pi Browser: Open “Pi Browser” from the official Pi Network app and enter the DApp’s URL to access Pi Booster.
Select Country and Mobile Carrier: Choose the country where you want to use the service and your mobile carrier from the list.
Enter Phone Number and Plan: Input the mobile phone number you wish to charge and the data plan or amount you want to purchase.
Approve Payment with Pi Wallet: Confirm the payment details and approve the transaction with your Pi Wallet. This will require entering your passphrase.
Confirm Transaction Completion: Once the transaction is approved on the blockchain, processing is said to be completed within seconds to minutes, and the balance should be reflected on your mobile phone.

The Significance of Pi Booster for the Pi Network Ecosystem

What does the emergence of a single DApp mean for the future of the entire Pi Network? Let’s consider its impact from a broader perspective.

As a Litmus Test for “Practical Value”

If services like Pi Booster function stably in many countries and are accepted by users, it would be a significant case demonstrating that Pi Coin is not merely a speculative asset but possesses “practical value” that solves real-world problems. This can be considered a step towards realizing Pi Network’s vision of “cryptocurrency for everyday people.”

Ecosystem Maturity Towards Open Mainnet

Currently, Pi Network aims to transition to a future “open mainnet.” This refers to the stage where Pi Coin can be freely traded on external cryptocurrency exchanges, a crucial turning point that will determine the project’s success.

For the open mainnet to succeed, Pi Coin must be actively used within the Pi Network’s economic sphere (ecosystem) beforehand. A state where diverse DApps like Pi Booster emerge and many Pioneers utilize them is an indicator that the ecosystem is sufficiently mature, leading to increased overall project trustworthiness.

Conclusion: Future Possibilities and the Need for a Calm Perspective Now

This article has objectively delved into Pi Booster, the DApp that allows paying mobile bills with Pi Coin, from its functions to its safety.

Pi Booster is a very interesting entity, offering a glimpse into a future where Pi Coin could be more than just a speculative asset, but a tool useful in our daily lives. The emergence of such practical use cases is undoubtedly a positive factor for the development of the Pi Network ecosystem.

However, at the same time, we must recognize that it is a third-party application, not an official project, and its use requires careful judgment and self-responsibility.

The journey of Pi Network has just begun. Instead of being swayed by every piece of information, it is the attitude of a wise Pioneer to consistently refer to official announcements and reliable technical information, maintaining a balance between enthusiasm and calm, as we observe the fate of this grand project.

Pi Network & China Bank Integration: Fact or Fiction? An Objective Analysis of Rumors and Future Potential

Pi Network, a cryptocurrency that allows for easy mining on smartphones, boasts tens of millions of users worldwide. A grand rumor, potentially determining the project’s fate, is being feverishly discussed within some communities: that Pi Network will integrate with national banks in China and become officially usable.

If this news were true, Pi Network’s value and credibility could be completely transformed. However, China is also one of the countries with the strictest cryptocurrency regulations in the world.

This article delves into the core of this grand rumor, the “China Bank Integration theory,” thoroughly investigating its origin and credibility. We will explore both the expected benefits and realistic risks, enabling even those without specialized knowledge to objectively understand Pi Network’s current state and future.

The Core of the Rumor: What is the “Pi Network and China Bank Integration” Theory?

First, let’s accurately grasp where this major topic originated and what it entails.

Information Alleged as the Source of the Rumor

This rumor appears to stem primarily from information disseminated by Chinese-language media platforms known as “Hoke News” and social media influencers. Their claims, in summary, are that multiple Chinese banks are preparing to integrate Pi Network’s system into their services.

Claimed Benefits of Integration: 3 Expected Changes

If this integration were to materialize, it is claimed to bring immeasurable benefits to Pi Network and its users. The main expectations are as follows:

Easy Exchange for Fiat Currency: Banks would mediate, allowing users to safely and easily exchange their held Pi for China’s legal tender, the Yuan.
Bank-Level Security and Reliability: Banks’ advanced fraud monitoring systems and anti-money laundering (AML) mechanisms would apply, dramatically improving the overall trustworthiness of Pi Network.
Expanded Use in Daily Payments: By connecting with banking infrastructure, Pi would be widely accepted as a daily payment method for shopping at retail stores, dining at restaurants, and more.

These expectations evoke a future where Pi Network is not merely a speculative asset but integrates into society as a practical “currency.”

Fact Check: Objectively Verifying the Rumor’s Credibility

While expectations soar, are these claims actually true? Here, we take a step back and calmly verify the information’s authenticity based on objective facts.

Are There Official Announcements from Chinese Banks or Government?

To be clear, as of June 2025, there has been no official announcement from any Chinese bank or government agency suggesting integration with Pi Network.

Partnerships of this kind are extremely crucial information that impacts a company’s future and are typically disclosed through official press releases or reports to financial authorities. Given their absence, it is reasonable to conclude that the “bank integration” is an unverified rumor or merely wishful thinking within the community.

The Reality of “Car Transactions at GCV Price”?

Often linked to the rumor is the story of high-value goods like cars being traded at an astonishing price called “GCV (Global Consensus Value)” – 1 Pi for $314,159 (approximately 49 million JPY).

However, this GCV is not an official value set by the Pi Network development team; it is merely an unofficial target price that a subset of the user community aims to achieve through consensus. While transactions at this price might occur in a form akin to bartering within a very small community isolated from external markets, it does not represent Pi’s objective market value.

China’s Strict Stance on Cryptocurrencies

Most importantly, the Chinese government maintains very strict regulations on cryptocurrencies. In 2021, the provision of crypto-related services by financial institutions, as well as domestic trading and mining activities, were completely banned.

The Chinese government prohibits cryptocurrency transactions themselves, citing reasons such as ensuring financial stability and curbing illegal activities. This national policy and the claim of banks integrating with Pi Network, a private project, are currently in clear contradiction.

Why is Pi Network Attracting Attention in China Now?

Despite such strict regulations, why is the rumor of “practical application in China” spreading so widely? This is likely related to several characteristics of Pi Network.

Even Banks are Watching? Pi Network’s Strict “KYC (Know Your Customer)” Process

Pi Network mandates a strict KYC (Know Your Customer) identity verification process for all users to claim their mined Pi. This mechanism requires submitting official documents such as driver’s licenses or passports to prevent fraudulent multiple accounts and bots (automated programs).

This philosophy of “thoroughly verifying the identity of each user” is very similar to the procedures banks follow when opening new customer accounts. Therefore, the expectation that “banks could safely partner with a system that performs such rigorous identity verification” might be a contributing factor to the rumor.

The Presence of a Huge User Community within China

Despite regulations, a very large number of Pi Network users are said to exist within China. It is easy to imagine that the enthusiasm and expectations of this massive community serve as fertile ground for various rumors and speculations.

Unignorable Risks and Project Challenges

When discussing the future of Pi Network, it is crucial to understand not only the aspects of expectation but also the unavoidable risks and critical perspectives.

Concerns of Being a “Pyramid Scheme”

Pi Network employs a mechanism where inviting new users (referrals) increases one’s own mining efficiency. This structure is a reason for criticism that it “resembles a pyramid scheme (illegal as a multi-level marketing scheme without goods/services in Japan) that profits by increasing members without accompanying the distribution of goods or services.”

While the project positions this as a marketing method to expand its network, this concern remains a significant challenge to Pi Network’s credibility.

Lack of Listing on Major Exchanges and the Current State of the “Mainnet”

As of June 2025, Pi Network is not listed on world-leading cryptocurrency exchanges like Binance or Coinbase. Being listed on an exchange means that the asset gains an objective market price and liquidity, allowing many people to freely buy and sell. The fact that this has not yet happened is because Pi Network has not yet transitioned to an “Open Mainnet.”

Current State (Closed Mainnet): Pi Network’s blockchain currently operates in a closed, internal environment and cannot connect with external exchanges or services.
Future Goal (Open Mainnet): The stage that enables external connections, allowing anyone to freely trade Pi. The official team is developing towards this transition, but a clear date has not yet been announced.

This transition to an “Open Mainnet” is the most critical step for Pi Network to truly gain value.

Conclusion: Pi Network’s Current Status and Future Outlook

Synthesizing the information thus far, what can be inferred about Pi Network’s current status and future?

Rumors are “Expectation,” Reality is “Work in Progress”

The claim of “China Bank integration” is currently in the stage of “expectation” or “rumor” with little objective basis. The real barrier of China’s strict regulations is very high, and it must be said that the possibility of this rumor materializing soon is extremely low.

Pi Network is a project still under development, presenting a grand vision. Its success depends on steady steps of technological development and social acceptance, not on uncertain rumors.

3 Key Points to Watch for in the Future

To assess Pi Network’s future potential, it is important to pay attention to the following three official developments:

Official Launch of the Open Mainnet: Only when this occurs can Pi stand on the same ground as other cryptocurrencies.
Official Movements by National Regulatory Authorities (Especially China): Should China soften its stance on cryptocurrencies, it could be a major turning point.
Achieving Listing on Major Exchanges: Listing on major exchanges like Binance would be a significant step towards gaining global liquidity and credibility.

Until these milestones are achieved, information regarding Pi Network, especially enthusiastic claims on social media, must be carefully scrutinized for its authenticity.

Article Summary and Next Steps

The “China Bank Integration theory” surrounding Pi Network is an attractive story reflecting strong community expectations, but based on facts, it harbors many challenges and contradictions. If you are interested in this project, it is most important to calmly follow primary information from the project’s official website and official social media, rather than being swayed by unsubstantiated rumors.

Whether it holds the potential to become a future currency or ends as a grand social experiment. The answer will be revealed by the project’s concrete progress moving forward.