Pi Network, a Web3 blockchain project, has made headlines for its recent listing on major exchanges such as Binance, CoinDCX, OKX, and Bitget. This move has enabled users to sell their holdings for the first time, marking a significant milestone in the project’s history.
Founded in 2019 by Stanford Ph.Ds Nicolas Kokkalis and Chengdiao Fan, Pi Network is an energy-light mining system that allows users to mine cryptocurrency on their smartphones without expensive equipment. Unlike Bitcoin, which requires significant computational power, Pi can be earned simply by opening the app daily and tapping a button.
As of February 2025, Pi Network has surpassed 110 million downloads, with over 540,000 new users joining on 17 February alone. The network employs a large-scale KYC solution to ensure security and verification.
Pi’s listing on major exchanges has fueled excitement among its user base, with some predicting the coin’s price could surpass $500 by 2030 if it establishes real-world use cases. However, the broader crypto market remains bullish, with Bitcoin recently hitting $98,000 and Ethereum struggling around the $2,800 mark.
Exchanges like Bitget and BitMart are supporting Pi Network’s adoption with promotions, including a $60,000 Pi airdrop pool and a $3,000 USDT Pi giveaway for select users. The network has also crossed 10 crore in downloads on the Google Play Store in India, indicating strong domestic interest.
As Pi Network continues to evolve, its long-term viability will depend on how well it integrates into the wider financial ecosystem. With over 60 million registered users and strong exchange support, the coming weeks will determine if this rally is sustainable or just another speculative surge.
Source: https://economictimes.indiatimes.com/news/new-updates/pi-network-coin-price-doubles-in-four-days-how-to-mine-where-to-buy-and-all-about-latest-crypto-sensation/articleshow/118526348.cms?from=mdr