2025 is a key turning point for Pi Network (Pi coin). With the official launch of the Mainnet, the upgrade of the technical architecture, and the accelerated landing of ecological applications, Pi coin is gradually transitioning from ‘mobile mining experiment’ to ‘globalization’ Web3 The transformation of the ecosystem. However, the market’s controversy over its legitimacy and value continues to ferment. This article will review the latest developments of Pi coin from four dimensions: technological progress, ecological layout, market dynamics, and compliance challenges.
According to the official announcement of Pi Network, the Mainnet has officially launched on February 20, 2025, marking its transition from the closed testing phase to a fully decentralized network. This Mainnet upgrade integrates six years of mining data and user verification mechanisms, and ensures compliance through KYC identity verification.
At the same time, the node technology has undergone a major update: on April 30, 2025, the official launched a node software upgrade, automatically completing the database migration of the Horizon blockchain API and switching Docker images, optimizing network stability and processing efficiency. Nodes that were not upgraded in a timely manner briefly experienced operational abnormalities, but were automatically repaired and recovered later.
It is worth noting that Microsoft announced that Windows 10 will end support in October 2025, and currently 90% of Pi nodes are still running on this system, which may pose potential challenges for future technical compatibility.
To accelerate ecosystem development, Pi Network recently launched two major core initiatives:
In addition, the integration of “.pi” domain name auction with Xlm network technology (such as BIP-39 mnemonic words and 2FA security function) further enriches the infrastructure of the Pi ecosystem.
Pi Network is proving its long-term value through technological iteration and ecological expansion, but market controversies and regulatory pressures still bring uncertainties. Investors need to pay attention to the stability of its Mainnet, the speed of application landing, and compliance progress, and evaluate risks rationally. With continuous exposure in global events such as the 2025 Consensus Conference, whether Pi coin can evolve from a ‘community experiment’ to a ‘mainstream cryptocurrency’ will be the core focus in the coming year.