Pi Network, a Mobile Mining Project, Will Be Listed on CoinW Exchange
CoinW Exchange will list Pi Network (PI), a mobile mining project, on February 20th, 2025, at 8:00 (UTC). Pi Network, founded by Stanford alumni, has pioneered mobile mining and decentralized finance.
Dubai, United Arab Emirates, 14th Feb 2025 – CoinW, the world’s pioneering cryptocurrency trading platform, will list PI, a mobile mining project, on DePIN Zone Meme Zone. For all CoinW users, the PI/USDT will be officially available for trading on February 20th, 2025, at 8:00 (UTC).
Pi Network: A Pioneering Force in Mobile Mining and Decentralized Finance
Pi Network, founded by Stanford alumni Nicolas Kokkalis and Chengdiao Fan, has transformed the crypto landscape with its innovative mobile mining model. Since its inception in 2019, the network has grown to over 18 million KYC-verified users, with 8 million successfully migrated to the enclosed mainnet. The Open Network launch will enable external connectivity and real-time token transactions.
Pi Network leverages the Stellar Consensus Protocol (SCP) alongside a mobile-friendly validation system, ensuring low energy consumption and widespread accessibility. The network’s multi-layered architecture distinguishes between supernodes for consensus management and standard nodes for verification, promoting efficiency without compromising decentralization. Its “security circle” feature, which requires users to connect with five trusted individuals, reinforces network security while fostering community engagement. The Pi ecosystem already supports over 80 applications, spanning e-commerce, social networking, and DeFi, with notable platforms like Vietnam’s PiMart and the Philippines’ PiChat showcasing real-world use cases.
Open Network Mainnet Launch: A Catalyst for PI’s Market Potential
The Open Network mainnet launch marks a crucial milestone for Pi Network, promising to unlock substantial market potential. CoinW’s PI/USDT spot trading pair will go live in conjunction with the mainnet activation, enhancing token liquidity and accessibility for global traders. Historical data from similar projects like Helium and Chia indicates that new mainnet launches often trigger significant price surges, with Pi Network expected to follow suit.
Pi Network’s on-chain metrics reveal a dynamic and growing ecosystem: daily transactions have reached 470,000, supported by 83 active decentralized applications (DApps). The platform’s DeFi application, PiDeFi, has already amassed a total value locked (TVL) exceeding 12 million PI, while PiNFTs has recorded individual NFT sales as high as 9,500 PI. Furthermore, Pi Network’s energy-efficient protocol, which consumes just 0.72 kWh annually per mobile node, significantly undercuts Bitcoin’s power consumption, positioning Pi as a sustainable alternative in the digital asset space.
About CoinW
CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW’s Twitter Account, Btok, and Telegram Group.
About PI
Pi Network is a social cryptocurrency, developer platform and ecosystem designed for broad accessibility and real-world utility. It enables users to mine and trade Pi using a mobile-friendly interface, while supporting apps built on its public chain ecosystem.Pi has more than 60 million users, of which more than 19 million have been authenticated (through its native KYC solution) and more than 10 million have migrated to its mainnet.
Media Contact
Organization: CoinW
Contact Person: Angelo Tan
Website: https://www.coinw.com/
Email: Send Email
City: Dubai
Country: United Arab Emirates
Release Id: 14022523889
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