After nearly five years of waiting, Pi Network users finally have something big to celebrate. The popular mobile mining project has officially launched its Open Network stage today, February 20th, 2025. This major update also brings the first-ever true exchange listings for the PI token.

Pi's Open Network: What it Means

The Open Network launch marks a huge change for Pi Network. Before today, the network was closed off from the outside world by a firewall. Now, this firewall has been removed, allowing Pi users (called "Pioneers") to connect with other networks and systems.

This means Pioneers can now:

• Send their PI tokens to different places outside the network
• Use PI tokens with other approved systems
• Take part in more activities within the Pi ecosystem

First Exchange Listings For PI

In further news for the Pi community, the PI token is now available for trading on some major cryptocurrency exchanges. Both OKX and Bitget, two well-known trading platforms, have announced that users can now buy and sell PI tokens through social media posts.

More exchanges might list PI in the future, however. The Pi community is especially excited about a possible listing on Binance, the world's largest cryptocurrency exchange, at some point in time. Binance is currently running a community vote about listing PI, which ends on February 27th. That said, even a successful vote cannot guarantee a Binance listing.

Approved Partners Announced

Pi Network is seemingly being careful about which businesses can work with their system. They have released a short list of approved companies that have passed their security checks (KYB). Right now, only three companies are on this list, all of which are exchanges:

• OKX
• Bitget
• Gate.io

All these companies are cryptocurrency exchanges which is strange as you would expect this to include a list of more interesting applications and utility platforms. However, more businesses and apps may be added to this list as time goes on.

Changes for Node Operators

The Open Network launch brings important updates for people who help run the Pi Network through their own devices and hardware (called nodes). Now that the security walls are down, anyone can technically add nodes to the main Pi blockchain.

Pi Network will slowly invite people to move their test nodes to the main network. According to the release, they will choose people based on:

• How much they have helped the network in the past
• How reliable their nodes have been
• Their node ranking scores

What's Next for Pi Network?

Pi Network isn't stopping with the Open Network launch, or so it seems. They have announced plans for a new challenge that will help Pioneers learn about and explore the expanded network. However, they haven't shared the exact details of this challenge yet. This is expected to emerge in the next few days.

Community Reactions and Future Questions

Pi Network has one of the biggest and most excited communities in the cryptocurrency world. Many community members have been waiting years for this launch, and some have very high hopes for the PI token's price.

However, some important questions remain about Pi Network's future:

• Will the community stay interested now that Open Network is here?
• Will more apps and tools be built on Pi Network, thus expanding and growing its ecosystem?
• How will the PI token's price perform over time?

Looking Ahead

The launch of Open Network is a turning point for Pi Network. After years of development and delays since 2022, the project has reached perhaps its biggest milestone yet. While some people doubted this day would ever come, Pi Network appears to have proven them wrong.

The next few weeks and months will be crucial for Pi Network. The project now needs to show it can deliver real value to its massive community and attract new users and developers to build on its platform, for the long-term.