Pi Network Mainnet Launch Faces Delay: Here Are the Exchanges Listing Pi Coin First

• Pi Network has pushed its Mainnet launch to February 28, 2025, sparking frustration among users while ensuring a stable and secure ecosystem before listing on major exchanges.
• Despite completing KYC verification for 10 million users, Pi Network still needs 100 decentralized applications before launch, with only 80-85 ready so far.

Pi Network has once again delayed its long-awaited Mainnet launch, pushing the timeline to February 28, 2025. This unexpected extension has stirred frustration among users, many of whom had anticipated a full launch much sooner. While the delay ensures a more stable and secure network, it raises concerns about the impact on Pi Coin’s listing on major cryptocurrency exchanges.

The KYC and Mainnet migration deadlines for the Grace Period have been extended to February 28, 2025, ensuring Pioneers have additional time and opportunity to secure their Pi. Read the full announcement to learn more about the extension and importance of the Grace Period.…

— Pi Network (@PiCoreTeam) January 31, 2025

The project has been making steady progress, with Know Your Customer (KYC) verification already completed for 10 million users. This milestone marks a significant step toward the Mainnet launch and underscores the team’s dedication to ensuring a safe and transparent ecosystem.

#PiNetwork migrations are approaching the 10M milestone.

Keep growing! pic.twitter.com/p45ezgFEae

— Pi News (@PiNewsMedia) February 5, 2025

Despite this progress, one critical requirement remains unfinished. At least 100 decentralized applications (dApps) need to be ready for the Mainnet launch, yet only 80 to 85 are currently in place. The Pi Core Team is actively working to meet this benchmark, signaling their commitment to building a functional ecosystem before the Open Mainnet goes live.

Major Exchanges Eye Pi Coin Listings

While delays can be disappointing, they have not dampened the interest of cryptocurrency exchanges. Speculation is mounting around potential listings for Pi Coin, with rumors pointing toward Binance and OKX as possible candidates. Although no official confirmation has surfaced, the growing attention suggests Pi Coin could gain traction on major platforms.

Currently, Pi Coin is listed on smaller exchanges like Bitmart, HTX Global, and CoinW, though trading has yet to begin. Many in the Pi community see this as a positive sign, believing that once the Mainnet launches, larger exchanges will follow suit. However, without an official launch, many investors remain on standby.

Meanwhile, the Pi Core Team continues to urge users to complete KYC verification and migrate to the Mainnet. “Users must complete their migration to secure their Pi Coin,” the team emphasized, stressing that failure to do so could lead to losing their holdings.

Will Open Mainnet Arrive by Q1 2025?

With over 10 million accounts successfully migrated to the Mainnet, the question remains: will the Pi Network’s Open Mainnet launch happen as promised in Q1 2025? The team remains confident, but past delays have left many hesitant to take their words at face value.

Pi Network boasts a staggering 35+ million engaged users and a unique mining mechanism designed to make cryptocurrency accessible to everyone. Its blockchain aims to go beyond simple transactions, providing a full Web 3.0 experience where developers can create decentralized applications.

If all remaining conditions are met within the next year, the Pi Network’s Open Mainnet could significantly shift the crypto space. However, past delays have cast doubts on whether the project will stick to its Q1 2025 promise.