Date: Fri, March 14, 2025 | 03:46 AM GMT
In the cryptocurrency market, since the successful launch of its mainnet on February 20 after six years of development, Pi Network (PI) has remained in the limelight with its impressive performance despite the broader downtrend across the market.
Meanwhile, today Pi Network is celebrating its 6th anniversary on Pi Day, and the community is buzzing with updates and speculations.
Updates: Open Network PiFest & KYC Grace Period Deadline
Two major updates to notice on Pi Day:
PiFest – A Step Towards Real-World Utility
One of the most significant announcements for Pi Day 2025 is the launch of Open Network PiFest —a global initiative designed to promote the real-world adoption of Pi as a means of payment. The event encourages Pioneers to use their Pi holdings to make purchases at registered merchants accepting Pi payments, bringing digital currency into physical commerce.
With Pi Network’s Open Mainnet now live, this event could serve as a major test of Pi’s real-world utility, proving that the network is more than just a speculative asset. If successful, PiFest could strengthen Pi’s credibility in the crypto industry and attract further interest from merchants and investors.
Final KYC & Mainnet Migration Deadline
While PiFest is a reason to celebrate, another major update on March 14, 2025, is the final deadline for KYC verification and Mainnet migration. At 8:00 AM UTC (1:30 PM IST), the grace period for completing KYC and migrating Pi holdings officially ends.
Pioneers who fail to meet the deadline will lose most of their mined Pi, retaining only the amount earned in the six months prior to migration. This strict policy highlights Pi Network’s commitment to compliance, security, and long-term sustainability.
Source: @PiCoreTeam (X)
Speculation: Will Binance List Pi Coin?
On the Pi Day, one of the biggest speculations circulating within the Pi community is whether Pi Coin will finally be listed on Binance, the world’s leading cryptocurrency exchange.
Recently, Binance conducted a community vote to gauge interest in listing Pi Coin. The results were overwhelmingly in favor, with 232,676 eligible votes cast:
- 87.1% (202,547 votes) supported the listing
- 12.9% (30,129 votes) opposed it
Source: Binance Square
Given this strong community backing, Binance could make this Pi Day even more historic by announcing the long-awaited listing. While there is no official confirmation yet, a listing on Binance would significantly boost Pi’s credibility, liquidity, and market valuation—potentially sending the price soaring.
More: Pi Coin Price Action – What’s Happening?
Despite all the excitement surrounding Pi Day 2025, Pi Coin’s price action remains relatively flat. As of time of writing, Pi is trading at $1.66, reflecting a minor drop over the past 24 hours. However, if a major announcement occur, the price could experience a sharp surge.
Source: Coinmarketcap
What to Expect
As Pi Network marks its 6th anniversary, the project is at a critical turning point. The Open Network PiFest could establish Pi as a legitimate payment method, while the KYC deadline will finalize its Mainnet user base. Meanwhile, the Binance listing speculation keeps the community on edge, as a listing announcement could significantly boost Pi’s adoption and price trajectory.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions
