Pi Network Delays Mainnet Launch: Users Await New Timeline

Pi Network, a significant player in the cryptocurrency space, has experienced another delay concerning its much-anticipated Mainnet launch. Originally expected to occur sooner, the new grace period has been extended to February 28, 2025. This announcement has led to growing frustration among community members, with many expressing concerns that further delays could hinder Pi Coin from being listed on prominent exchanges.

KYC Verification: A Major Milestone Achieved

One of the essential prerequisites for the upcoming launch is the successful completion of KYC (Know Your Customer) verification. The Pi Network recently announced a significant achievement, having verified over 10 million users. This accomplishment represents a crucial step toward bringing the network online.

This success underscores the project’s dedication to building a secure and trustworthy ecosystem. Furthermore, the second condition for the launch—pertaining to external factors—has also been met, keeping the initiative on track for its eventuality.

Two Conditions Met, One Remaining: Final Hurdle Ahead

However, the last condition remains: having at least 100 ready applications for the Mainnet launch. Currently, the team is focusing on developing between 80 to 85 applications and is diligently working to add more. This commitment illustrates their focus on offering users a robust and functional ecosystem.

Mainnet Launch Still Aimed for Q1 2025

Despite the recent delay, the PI Core team has assured the community that the Open Mainnet launch is still planned for the first quarter of 2025. They have urged users to complete their KYC verification and migrate to the Mainnet to secure their Pi holdings. This extension is perceived as a strategy to ensure that all users are fully prepared for a smooth network launch.

Speculation Surrounds Exchange Listings for Pi Coin

As the anticipation builds, speculation regarding which major exchanges will list Pi Coin continues to grow. Although there has been no official confirmation, rumors indicate that notable exchanges such as Binance and OKX may be considering Pi Coin’s listing.

Currently, Pi Coin is listed on exchanges like Bitmart, HTX Global, and Coinw, but trading activities have not yet commenced. The PI Network community is remaining patient, hopeful that these delays will ultimately lead to a more successful and impactful launch.