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flag Pi Network nears Open Mainnet launch but remains untraded, with experts split on its 2026 viability.

flag As of October 4, 2025, Pi Network remains in its Enclosed Mainnet phase with no official public trading, despite nearing completion of KYC verification for 15 million users. flag While the project has launched over 150 decentralized apps and advanced key DeFi tools on Testnet, its value relies on unofficial markets and community sentiment. flag Experts remain divided, with half warning of a potential collapse by 2026 due to limited utility and exchange listings, while others highlight its mobile-first approach and ecosystem growth. flag In contrast, projects like Remittix are gaining traction with real-world use, exchange listings, and strong security. flag Pi’s future success depends on achieving tangible utility and regulatory compliance before its anticipated Open Mainnet launch later in 2025.

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