The Pi Network Phenomenon: A Mobile Crypto Revolution or Just Hype?
The Pi Network Phenomenon: A Mobile Crypto Revolution or Just Hype? February 28, 2025 Cryptocurrency enthusiasts have a new obsession—and it’s not Bitcoin or Ethereum this time. The Pi Network, a blockchain project that’s been quietly building momentum since 2019, has exploded onto the scene in 2025 with a mainnet launch, wild price swings, and a community buzzing with excitement. But is Pi Network the future of digital currency, or just another fleeting crypto craze? Let’s dive into the latest news, unpack the hype, and explore what’s driving this mobile-first cryptocurrency. Pi Network Hits the Ground Running: Mainnet Launch and Price Surge On February 20, 2025, Pi Network officially launched its Open Mainnet, marking a pivotal shift from a closed ecosystem to a fully decentralized blockchain. The native token, Pi Coin ($PI), wasted no time making waves. After an initial surge to $1.97, it plummeted over 60% before staging a dramatic recovery, climbing 36.77% in a single day ...