Pi Network, one of the most talked-about projects in the cryptocurrency space, continues to attract global attention with new technology integrations, ecosystem expansions, and long-term growth plans. Today, August 12, 2025, the project released several important updates that affect both existing pioneers and potential adopters.
TransFi Integration – Expanding Global Access
A major highlight of today’s news is the integration of TransFi as a new fiat on-ramp provider within the Pi ecosystem. Operating in over 70 countries, TransFi allows users to buy or convert Pi to fiat currency more easily and securely. With this addition, TransFi joins existing providers Onramp.money and Banxa, giving the community more regulated and verified options to interact financially with Pi Network.
This move strengthens Pi Network’s position as a project aligned with high compliance standards, a factor that will only grow in importance as cryptocurrency regulations become stricter worldwide.
Extended “.pi” Domain Auction Deadline
Another announcement that caught the community’s attention is the extension of the “.pi” domain auction deadline until the end of September 2025. This gives users and businesses more time to secure a personalized Pi domain, strengthening their digital presence within the network’s ecosystem.
These domains are expected to become an integral part of a user’s or merchant’s identity within Pi Network, helping to create a more connected and user-friendly digital environment.
Moving from Enclosed Mainnet to Open Mainnet
Pi Network is still operating under the Enclosed Mainnet phase, where transactions are limited to a closed and controlled environment. The development team’s goal is to transition to an Open Mainnet, enabling broader adoption, increased real-world utility, and potential listings on major cryptocurrency exchanges.
So far, more than 12 million users have successfully migrated to the Mainnet. However, challenges remain—particularly with completing KYC (Know Your Customer) verifications for the remaining user base. The integration of both KYC and KYB (Know Your Business) systems is viewed as a strong advantage in meeting global regulatory requirements and preparing the project for the next stage.
Pi Price Today and Market Analysis
As of today, Pi is trading at around $0.3837, down 6.4% over the last 24 hours. This decline reflects ongoing market uncertainty, largely driven by the lack of a confirmed Open Mainnet launch date or official listings on top exchanges.
Despite the short-term drop, technical analysis shows potential for a strong rebound. Chart patterns such as the double bottom formation and a falling wedge setup suggest a possible bullish breakout. Some analysts project gains of up to 154% if these patterns play out under favorable market conditions.
Will Pi Be Listed on Binance Soon?
Rumors have been circulating about a potential Pi listing on Binance this month. However, sources close to the project note that the team has yet to publish detailed tokenomics or set an official Open Mainnet date. Without these key elements in place, most experts believe a Binance listing is unlikely in the immediate future. Still, once the network opens and meets exchange compliance requirements, the possibility of such a listing remains strong.
Final Thoughts
Pi Network is moving forward with steady and strategic steps toward a future where its native cryptocurrency could play a significant role in the global market. The integration of TransFi, the extended “.pi” domain auction, and the ongoing preparations for the Open Mainnet all reflect a clear long-term vision.
While the current price shows a short-term decline, technical signals and the community’s strong engagement point toward potential growth ahead. For pioneers and crypto enthusiasts alike, Pi Network’s progress is worth watching closely as it works to unlock its next phase.
