Tanju Akbıyık 
Pi Network, one of the most talked-about projects in the crypto space, has officially marked its 6th anniversary. Celebrated annually on March 14 (Pi Day), the project continues to evolve, making significant strides in the industry. With the transition to the Open Network (ON) phase, Pi Network has started to appear on some cryptocurrency exchanges. Recently, rumors about Binance potentially listing PI have created volatility in the token’s price.
Pi Network’s 6-Year Journey: From Inception to Today
Since its inception, Pi Network has adopted a community-driven growth strategy, allowing users to mine PI tokens via a mobile app. In 2020, the project moved to its testnet phase, providing developers with the opportunity to test their projects on the network—an essential step toward expanding the ecosystem.
By the end of 2023, the transition to the Open Network became one of the project’s most significant milestones. This phase enabled PI, the native token of Pi Network, to be listed on various cryptocurrency exchanges. However, the most anticipated Binance listing has yet to materialize. If Binance lists PI, a substantial price increase is expected due to increased liquidity and exposure.
Current Status of PI Token Price
Following its initial listings, PI token surged to $3, attracting investor interest. However, a period of silence from the project and heightened expectations caused a slight price retracement. Recent speculation about Binance potentially listing PI through a community vote has injected renewed excitement into the market. If Binance confirms the listing, PI could experience another major rally.
Final Stages of the Mainnet Migration
Pi Network requires users to complete their Know Your Customer (KYC) verification to access full network functionality. Users who pass KYC can transfer their mined tokens to the mainnet. However, the “Grace Period” phase is still ongoing. If users fail to complete their KYC within this timeframe, they risk losing access to PI tokens accumulated over the past six months.
Thus, completing the mainnet transition is crucial not only for increasing exchange listings but also for strengthening the token’s long-term value.
What’s Next for Pi Network?
With the transition to the Open Network, Pi Network is expected to gain more visibility on global cryptocurrency exchanges. If Binance lists PI, the token could attract a broader investor base and gain further market credibility.
One of the project’s key priorities is ensuring that more users complete the KYC process. The faster users complete verification, the faster Pi Network’s ecosystem will expand. Additionally, wider adoption of PI as a utility token will be essential for long-term success.
However, one of the biggest challenges ahead is securing support from major exchanges. Whether Binance will list PI remains one of the most closely watched developments among the Pi Network community and investors alike.
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