Pi Network has announced that it will officially launch its Open Network at 8 AM UTC on February 20, 2025. This marks the network’s transition to the Open Network phase of Mainnet.

The network had previously confirmed its plans to launch the Open Network as soon as possible in Q1 of 2025. 

Pi’s Open Network Will Launch In February 

This launch signifies the conclusion of the Enclosed Mainnet period, which began in December 2021. Throughout this period, the Mainnet was operational but safeguarded by a firewall, limiting external connectivity.

Now, with the firewall lifted at the Mainnet launch, users will be able to connect Pi to external systems, allowing it to be used in real-world applications. Notably, this phase laid the groundwork for the transition to the Open Network, giving Pioneers the opportunity to complete their KYC and gain access to Pi on Mainnet. 

It also provided developers with the time to build and launch real-world applications and utilities within the Pi ecosystem. Meanwhile, the Core Team focused on releasing and refining various features and utilities to support the network’s growth and functionality.

Ahead of the launch, Pi Network revealed that it surpassed its original goal of 10 million Mainnet migrations, reaching an impressive 10.14 million. 

“Pi is ready to open its utilities-driven ecosystem where our now over 19 million identity-verified Pioneers can use Pi—a cryptocurrency with real-world functions and applications backing it,” the announcement read.

Moreover, following the announcement, crypto exchange OKX confirmed that it will list PI on the same day as the launch. Spot trading will be available for the PI/USDT pair.

Bitcoin price is consolidating above the $95,000 support zone. BTC is struggling and might extend losses if it stays below the $100,000 level.

• Bitcoin started a fresh decline from the $98,500 resistance zone.
• The price is trading below $96,500 and the 100 hourly Simple moving average.
• There was a break below a connecting bullish trend line with support at $96,670 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The pair could start another increase if it clears the $97,600 zone.

Bitcoin Price Dips Again

Bitcoin price failed to continue higher above the $100,000 zone. It started another decline below the $96,500 zone. BTC gained bearish momentum for a move below the $96,000 and $95,500 levels.

There was a break below a connecting bullish trend line with support at $96,670 on the hourly chart of the BTC/USD pair. The price tested the $95,000 zone and recently recovered some losses. There was a move above the $95,750 level.

The price surpassed the 23.6% Fib retracement level of the downward move from the $98,442 swing high to the $94,899 low. Bitcoin price is now trading below $96,500 and the 100 hourly Simple moving average.

On the upside, immediate resistance is near the $96,650 level. The first key resistance is near the $97,000 level. The next key resistance could be $97,600 or the 76.4% Fib retracement level of the downward move from the $98,442 swing high to the $94,899 low.

A close above the $97,600 resistance might send the price further higher. In the stated case, the price could rise and test the $98,500 resistance level. Any more gains might send the price toward the $100,000 level.

Another Decline In BTC?

If Bitcoin fails to rise above the $97,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $95,500 level. The first major support is near the $95,000 level.

The next support is now near the $93,500 zone. Any more losses might send the price toward the $92,000 support in the near term. The main support sits at $91,000.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $95,500, followed by $95,000.

Major Resistance Levels – $97,000 and $98,000.

BNB Chain announced its Tech Roadmap for 2025, focusing heavily on AI. The network also set ambitious goals in other areas, hoping to reduce transaction latency to sub-second speeds while processing 100 million transactions per day.

The Roadmap details quality-of-life changes in speed, scalability, developer tools, and more. Ultimately, however, BNB Chain plans to lean heavily on AI solutions to meet many of these goals, marking a new “AI-First” approach.

BNB Chain Puts AI On The Roadmap

BNB Chain, a blockchain network originally developed by Binance, is planning many changes for the future. Within the last month, it introduced a development solution for AI Agents and created a platform to simplify meme coin launches.

BNB Chain just released its Tech Roadmap for 2025, and it’s looking to improve these and other key features.

“Looking ahead to 2025, BNB Chain is focused on delivering key upgrades to improve both technical performance and the user experience to lay the foundation for broader Web3 adoption,” the firm claimed in a statement exclusively shared with BeInCrypto.

Specifically, the Roadmap claims that BNB Chain will focus on AI agents alongside a few other generalized quality-of-life improvements.

For example, the firm wishes to reduce transaction latency, allow a gasless option for all types of user transactions, and shore up protections against maximal extractable value (MEV) attacks, especially sandwich attacks.

Furthermore, the network will prioritize integrating AI into dApps and using DataDAOs to “to allow fair monetization and incentivized contributions on private datasets.”

The roadmap announcement also had a brief impact on the BNB’s market price. The fifth-largest altcoin surged nearly 10% following the roadmap announcement on Tuesday, February 11. Its daily trading volume also surged by 17%, according to CoinMarketCap data.

BNB Chain heavily prioritizes AI use cases on its Roadmap, and this includes improvements in many areas. It plans to refine several pre-existing developer tools, such as the tokenization portal it launched last November.

It will use AI for many of these, creating a Code Copilot to help developers and new AI agent solutions.

Also, the new roadmap sets a goal to reduce transaction latency to sub-second speeds while processing 100 million transactions per day. Nonetheless, AI-related points are present in most of the network’s goals in 2025, reflecting a deeper transformation.