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Cryptocurrency News Articles

Pi Network Surprises the Market with a 5% Price Surge as It Launches Migration to Mainnet

Apr 24, 2025 at 03:20 pm

This renewed interest coincides with a long-awaited milestone: the launch of migration to the mainnet. For a project often deemed enigmatic, this move to a fully operational blockchain environment redefines expectations around its credibility and roadmap.

Pi Network Surprises the Market with a 5% Price Surge as It Launches Migration to Mainnet

While many Web3 projects are vying for attention with new announcements and competitive updates, Pi Network has managed to generate interest with a surprising surge in its token.

Within 24 hours, PI’s price increased by 5 %, and trading volume soared by 66 %. This renewed interest in the project coincides with the long-awaited launch of migration to the mainnet.

A PI surge supported by the first phase of migration

On Monday, PI’s price jumped 5.34 %, reaching $0.6611, with a 66.02 % increase in 24-hour trading volume, according to CoinMarketCap data.

This step marks a technical advancement long-awaited by the community. The first beneficiaries are accounts that have completed all verification steps, paving the way for a gradual transition to the main environment.

Here are the key elements of this first phase:

This renewed interest in PI highlights the crucial role of technological maturation in driving the valuation of emerging tokens.

Often described as promising yet unclear, this first concrete step by Pi Network to move to the mainnet is sure to redefine expectations around its credibility and roadmap.

Still unclear perspectives on the following phases

Although the first phase of migration has been completed, the calendar for the following stages remains uncertain. Pi Network has confirmed that a second phase of migration will follow but did not provide a specific date for its launch.

In a statement, the developers of the project noted that the next waves of migration will depend on the current queue and ongoing verifications.

This lack of visibility is fueling both anticipation and speculation around the PI token, whose full potential remains to be assessed.

From a strategic standpoint, this cautious approach by the project is understandable, as Pi Network aims to avoid any major bugs or imbalances in the massive process of transferring tokens to the mainnet.

However, the lack of details on the continuation of the migration plan leaves observers uncertain. Some investors might interpret this silence as a sign of unpreparedness or unresolved technical complexity, while others see it as a mark of methodological caution.

Beyond immediate news, the consequences of this migration are set to be structural. If it proceeds smoothly, Pi Network could consider a more formal listing on major exchanges, opening new liquidity and valuation prospects for the token. Conversely, prolonged delays or technical difficulties could damage the project’s credibility.

At this stage, everything remains open, but entering the mainnet universe is already a milestone to watch closely.

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