Pi Network Mainnet Launch: Timeline, Migration Progress & What’s Next
What Is Pi Network and Why It Matters
Pi Network is a decentralized cryptocurrency project designed to make digital currency mining accessible via smartphones. Launched on March 14, 2019, by Stanford PhDs, the network uses a trust graph consensus algorithm, relying on user reputation and peer validation instead of energy-intensive proof-of-work.
Key highlights:
- Mobile-first mining: No specialized hardware required.
- 60+ million users globally.
- Mainnet launch (February 2025): Enables real-world Pi coin usage and dApp deployment.
👉 Explore Pi Network’s ecosystem
Is Pi Network Legit or a Scam? Key Facts for 2025
Origins and Founders
Founded by Dr. Nicolas Kokkalis (computer scientist) and Dr. Chengdiao Fan (anthropologist), Pi Network aims to democratize crypto access, especially in developing regions.
Red flags to consider:
- Delayed mainnet releases.
- Limited exchange listings.
- Unproven real-world utility.
Whale Activity in Crypto: How Large Investors Shape Markets
Power of Whales
Whales (large token holders) influence:
- Token prices via accumulation or sell-offs.
- Governance decisions in DAOs.
- Market sentiment through high-profile trades.
Projects impacted:
- Hyperliquid
- Pi Network
- TRUMP tokens
Bitcoin Dominance Surges to 65%: Altcoin Implications
Market Shift
Bitcoin’s dominance signals:
- Institutional preference for BTC over altcoins.
- Altcoin Season Index at a 2-year low (12/100).
Historical trends:
- Dominance peaks often precede altcoin rallies.
Ethereum’s Institutional Surge: Staking ETFs and Upgrades
Key Developments
- Shapella upgrade: Enabled unstaking.
- Staking ETFs: Attracting institutional capital.
- DeFi dominance: 60%+ TVL share.
Solana’s Staking ETF: A Milestone for Institutional Adoption
REX-Osprey ETF (SSK)
- First staked crypto ETF in the U.S.
- Bullish momentum for SOL.
- Regulatory clarity boost.
Stablecoins Revolutionized: Stable’s Layer-1 Blockchain
Stable’s Innovations
- USDT as native gas token.
- Institutional-grade payments.
- Backed by Bitfinex.
FAQ Section
1. What triggers an altcoin season?
Altcoin seasons typically follow Bitcoin consolidations, driven by increased risk appetite and new project hype.
2. How does Pi Network’s mining work?
Users mine Pi via a mobile app using a reputation-based algorithm (no energy cost).
3. Why is Bitcoin dominance rising?
Institutions favor BTC’s liquidity and regulatory clarity over altcoins.
4. What’s next for Ethereum?
Focus on scaling (Dencun upgrade) and staking adoption.
5. Are whale activities always manipulative?
Not always, but large trades can create volatility and FOMO.
Key Takeaways
- Pi Network’s mainnet is live, but adoption remains critical.
- Bitcoin dominance may pressure altcoins short-term.
- Institutional products (ETFs, staking) are reshaping crypto.
👉 Stay updated on market trends
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