Pi Network’s Latest Upgrade What’s the Hold Up?
The latest Pi Network update (version 19) is a big step forward, boosting security, making the network more adaptable to growth, and generally improving how everything works.
These improvements are all about getting ready for the open mainnet launch, something the Pi community is really looking forward to.
Specifically, the update includes stronger security for transactions and network checks, improved scalability so the network can handle more users when the mainnet launches, and a better experience for those mining Pi and running nodes.
Even with these positive changes, the open mainnet is still not here.
Many users are anxious to see when they can truly use Pi freely and when it might be listed on major exchanges. Right now, Pi is still in a closed mainnet phase, meaning trading is limited to IOUs (I Owe You’s) on a few exchanges.
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Pi Coin Trading at $44—But What Does That Mean?
When Will Pi Network Launch Its Mainnet?
Pi Network’s mainnet launch has been delayed multiple times, and no official launch date has been confirmed.
However, with the recent protocol upgrade and growing community anticipation, it’s likely that the Pi team is moving closer to a full mainnet rollout.
A reasonable estimate for the mainnet launch could be sometime in late 2025 or early 2026, depending on how quickly the development team finalizes security and compliance measures. Until then, Pi Network will likely remain in its closed mainnet phase, preventing full exchange listings and external transfers.
Pi Network Price Prediction: Could Pi Coin Surpass $200?
According to CoinCodex’s latest price prediction, Pi Coin is expected to surpass $200 in March 2025.
This projection is based on data collected from IOU trading, where Pi Coin currently trades at $44 following a 9% surge after the v19 protocol upgrade.
However, it’s crucial to approach this prediction with caution. Since Pi Network’s mainnet is still not publicly available, these IOU-based prices do not necessarily reflect the real market value Pi Coin will have once users can trade their mined tokens on exchanges.
Key Considerations for Pi Coin’s Future Price:
- Current price predictions are based solely on IOU trading data.
- Once the mainnet launches, real supply and demand dynamics will determine Pi Coin’s price.
- The ability of users to withdraw and trade mined Pi Coins could significantly impact price action.
Until Pi Network fully launches, investors should be aware that IOU-based trading does not guarantee the future valuation of Pi Coin and that prices could fluctuate drastically once the real market takes over.
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Final Thoughts: Is Pi Coin Worth Watching?
With the v19 protocol upgrade improving Pi Network’s security and scalability, the project is making steady progress. However, until the mainnet is fully launched, investors should approach Pi Coin IOUs with caution.
Key Takeaways:
- Pi Network upgraded to v19, improving security & scalability.
- Pi Coin IOUs are trading at $44, but the mainnet is still closed.
- A full Pi Network launch could still be months or even years away.
As the Pi community awaits the long-anticipated mainnet launch, staying informed and cautious will be key to making the right investment decisions.