Pi Network’s Next Chapter Starts Now
The post Pi Network’s Next Chapter Starts Now appeared on BitcoinEthereumNews.com. Altcoins The crypto market is entering yet another period of innovation, and Pi Network is making a bold move that could redefine its place in the industry. With the long-awaited Open Mainnet now live, the project is stepping into uncharted territory – and the next few months may determine whether it truly becomes the breakthrough many have been expecting. From a Mobile Experiment to a Global Player Launched in 2019, Pi Network set out to make crypto mining as simple as tapping a phone screen. Instead of costly rigs and high electricity bills, users – known as “Pioneers” – have been able to accumulate Pi tokens through a lightweight app, fostering a community of tens of millions across the globe. This grassroots growth has been its greatest strength, positioning Pi as one of the most widely used blockchain experiments before even hitting full mainnet status. The Leap to Open Mainnet February 20, 2025, marked a turning point: Pi transitioned from a closed environment to an open, fully connected mainnet. This wasn’t just a technical milestone – it was the moment Pi could start functioning as a true, tradable digital asset. The new infrastructure opens up: Tradable Pi Tokens – Users can now hold, trade, and use their mined coins in real-world transactions. Smart Contract Support – Developers can build dApps spanning DeFi, e-commerce, gaming, and more. Efficient Consensus – By adopting a variant of Stellar’s consensus protocol, Pi maintains quick, low-energy transactions, staying eco-friendly while scaling. The Balancing Act: Migration, Unlocks, and Market Reaction So far, over 12 million accounts have migrated to mainnet, with regular waves planned. But one big variable looms: 276 million PI tokens – around 3.5% of the circulating supply – are set to unlock by August 2025. While migration boosts usability, large unlock events can…
The post Pi Network’s Next Chapter Starts Now appeared on BitcoinEthereumNews.com.
Altcoins The crypto market is entering yet another period of innovation, and Pi Network is making a bold move that could redefine its place in the industry. With the long-awaited Open Mainnet now live, the project is stepping into uncharted territory – and the next few months may determine whether it truly becomes the breakthrough many have been expecting. From a Mobile Experiment to a Global Player Launched in 2019, Pi Network set out to make crypto mining as simple as tapping a phone screen. Instead of costly rigs and high electricity bills, users – known as “Pioneers” – have been able to accumulate Pi tokens through a lightweight app, fostering a community of tens of millions across the globe. This grassroots growth has been its greatest strength, positioning Pi as one of the most widely used blockchain experiments before even hitting full mainnet status. The Leap to Open Mainnet February 20, 2025, marked a turning point: Pi transitioned from a closed environment to an open, fully connected mainnet. This wasn’t just a technical milestone – it was the moment Pi could start functioning as a true, tradable digital asset. The new infrastructure opens up: Tradable Pi Tokens – Users can now hold, trade, and use their mined coins in real-world transactions. Smart Contract Support – Developers can build dApps spanning DeFi, e-commerce, gaming, and more. Efficient Consensus – By adopting a variant of Stellar’s consensus protocol, Pi maintains quick, low-energy transactions, staying eco-friendly while scaling. The Balancing Act: Migration, Unlocks, and Market Reaction So far, over 12 million accounts have migrated to mainnet, with regular waves planned. But one big variable looms: 276 million PI tokens – around 3.5% of the circulating supply – are set to unlock by August 2025. While migration boosts usability, large unlock events can…
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