Pi Network Mainnet More than 102M Pi coins withdrawn in days— Is Pi Network prepared for Open Mainnet and top exchange listings?
The Pi Network platform has just witnessed one of the most dramatic changes in its history—more than 102 million Pi coins were withdrawn from OKX within a period of three days, which has ignited market rumors and hype. This historic movement is happening against the backdrop of increasing debates regarding Pi Network’s entry into Open Mainnet, which has brought forth arguments on liquidity, token usability, and exchange listings.
A Surge in Pi Withdrawals
The withdrawals have sparked concerns about whether Pi is preparing to make a full-scale market debut. With another 70 million Pi withdrawn, worth about USD 51 million, analysts are awaiting Pi Network’s next step closely. Some think it is a signal of institutional interest, while some say it might be a precursor to listing Pi on large exchanges like Binance, Coinbase, Kraken, or HTX.
Read this: Pi Ad Network: Boosting Developers and Ecosystem Growth
What This Means for Pi Network?
Pi Network has remained a decentralized, community-focused cryptocurrency with rigid governance and KYC stipulations. This exodus of withdrawals may portend:
Greater liquidity, making Pi increasingly suitable for use in real-world transactions.
Potential exchange listings, taking Pi mainstream into the larger crypto market.
Shifting investor sentiment, with Pi owners becoming more confident about its stability.
Will Pi Hit the Open Market Soon?
Although Pi Network has not yet officially announced its Open Mainnet launch, these enormous withdrawals have sent optimism abounding. If Pi manages to get listed on prominent exchanges and finish KYC migrations, its price stability and adoption may dramatically improve.
As Pi Network’s community eagerly waits for its next achievement, the question on everyone’s mind is, Is Pi Network finally ready for mass adoption?
