In the crypto market, since the successful launch of its mainnet on February 20 following six years of development, Pi Network (PI) has been in the spotlight with its strong performance against the overall downtrend in the market.
Meanwhile, today Pi Network is commemorating its 6th anniversary on Pi Day, and the community is abuzz with updates and rumors.
Updates: Open Network PiFest & KYC Grace Period Deadline
Two key updates to highlight on Pi Day:
PiFest – A Step Towards Real-World Utility
The most important announcement on Pi Day 2025 is the release of Open Network PiFest—a worldwide movement aimed at spurring real-world use of Pi as a payment method. The event invites Pioneers to utilize their Pi assets for making payments at registered merchants who accept payments in Pi, integrating digital currency into physical commerce.
With Pi Network’s Open Mainnet up and running, this would be a critical test of the utility of Pi in the real world, demonstrating that the network is not merely a speculative token. If PiFest goes well, it could enhance the legitimacy of Pi in the crypto community and gain more merchants’ and investors’ attention.
Final KYC & Mainnet Migration Deadline
Although PiFest is a cause for celebration, another significant update on March 14, 2025, is the last cutoff date for KYC verification and Mainnet migration. At 8:00 AM UTC (1:30 PM IST), the grace period for KYC completion and Pi holdings migration comes to a close.
Innovators who are late with the deadline will forfeit their majority of mined Pi, with only that earned in the preceding six months remaining. Pi Network’s strict policy emphasizes its dedication to compliance, security, and long-term viability.
Speculation: Will Binance List Pi Coin?
On Pi Day, the largest speculation running in the Pi community is whether Pi Coin will finally be listed on Binance, the global top-ranked cryptocurrency exchange.
In the recent past, Binance held a community vote to gauge demand for listing Pi Coin. The voting was overwhelmingly in support, with 232,676 valid votes cast:
87.1% (202,547 votes) for listing
12.9% (30,129 votes) against
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?
While all the hype for Pi Day 2025 is ongoing, Pi Coin’s price movement is quite flat nonetheless. At the time of writing, Pi trades at $1.66, which represents a slight dip over the last 24 hours. That said, if a huge announcement happens, the price might see a steep spike.
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 information purposes only and should not be considered financial advice. Always do your research before making investment decisions
