cryptocurrency developed by Pi Network, has recently transitioned to its open mainnet on February 20, 2025, enabling external transfers and exchange listings. This significant milestone has led to Pi Coin being listed on major crypto exchanges, including OKX, Bitget, and CoinDCX, facilitating increased accessibility for trading.
The launch has generated substantial interest, with Pi Coin's price experiencing notable volatility. A surge of over 35% in the last 24 hours, bringing its total gains since launch to 326%, amid speculation about a potential Binance listing. But does this mark the beginning of a true crypto revolution, or is Pi Coin still a speculative asset?
Despite the growing enthusiasm, experts urge caution. Anish Jain, CEO and Founder of W Chain, describes Pi Coin as a «fascinating but very hypothetical prospect,» emphasizing that its success depends on the mainnet’s functionality and real-world adoption. He notes that while Pi's mobile mining model makes crypto more accessible, it remains to be seen whether Pi can transition from a conceptual framework to a widely accepted digital asset.
Comparing it to established cryptocurrencies, Jain highlights that Solana excels in scalability,