On February 20, 2025, the Pi Network officially launched its Open Mainnet, allowing users to freely trade PI tokens for the first time. This move led to significant price fluctuations – the price of PI rose shortly after launch but then plummeted, causing uncertainty among investors.
The recent unlocking of 212 million PI tokens has increased the supply in the market, which has raised fears of a further price decline. This situation has prompted some PI holders to consider selling to avoid potential losses.
Although Binance has not yet listed PI, speculation about a possible listing on the HTX exchange has brought a new wave of optimism. A potential listing on other exchanges could increase liquidity and demand for PI, which could positively affect its price.
Pi Network is focused on building a robust ecosystem with an emphasis on decentralization, low transaction costs and energy efficiency. These factors could attract developers to create decentralized applications (dApps) on the platform, which could increase the utility and value of PI in the long run.
The decision whether to hold or sell PI depends on individual investment horizon and risk tolerance. In the short term, the market may be volatile due to token unlocking and speculation on quotes. In the long term, however, the potential for ecosystem growth and possible inclusion on larger exchanges suggest that holding PIs may be beneficial for investors with a longer time horizon.