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As of April 21, 2025, here are the latest updates on Pi Network:
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🔓 Open Mainnet Launched
Pi Network officially transitioned to its Open Mainnet phase on February 20, 2025, at 8:00 AM UTC. This milestone marked the shift from a closed, testing environment to a fully decentralized network, allowing external connectivity and enabling Pioneers to engage in peer-to-peer transactions and access Mainnet-ready apps via the Pi Browser .  
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📈 Pi Coin Price Movement
Following the mainnet launch, Pi Coin (PI) experienced significant volatility. After reaching highs of approximately $0.75, the price saw a sharp decline, dropping over 70% from its peak. However, recent developments, including integration with Chainlink oracles, have contributed to a rebound, with PI gaining over 35% in the past week . Analysts suggest that if current momentum continues, PI could see further gains, potentially surpassing previous highs. 
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🔐 KYC and Token Migration
To fully participate in the Pi Network ecosystem, users were required to complete the Know Your Customer (KYC) verification process by February 28, 2025. This step was crucial for securing Pi holdings and ensuring eligibility for Mainnet migration . As of the latest reports, over 18 million Pioneers have completed KYC, with more than 8 million successfully migrated to the Mainnet .  
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🛠 Ecosystem Development
The Pi Network ecosystem continues to grow, with over 80 Mainnet or Mainnet-ready apps developed by the community. These applications are accessible through the Pi Browser, offering various services and utilities to Pioneers . The development of these apps is a significant step toward building a robust and functional decentralized ecosystem. 
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📺 For More Information
For a comprehensive overview of the Pi Network’s Open Mainnet launch and what it means for users, you can watch the following video: 
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If you have any specific questions or need further details on any aspect of Pi Network, feel free to ask!
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