币界网报道:Pi Network's native token Pi Coin surged 13% recently, driven by growing anticipation around its upcoming open mainnet launch. The project, which allows mobile users to mine cryptocurrency through a phone app, has amassed over 47 million engaged users globally. While still in enclosed mainnet phase, Pi Network has seen increased trading activity on select exchanges where IOUs are traded. The rally follows recent announcements about ecosystem developments, including new merchant adoption and wallet feature upgrades. However, experts caution that Pi Coin remains unavailable on major exchanges, with its true market value uncertain until full mainnet release. The project's core team continues working on KYC verification and node operations to prepare for the eventual transition to open network. Despite skepticism from some crypto observers about its long-term viability, Pi Network maintains one of the largest active crypto communities.