Pi Network (PI) has made a splash on OKX, stirring up excitement among investors eager to capitalize on the buzz.

This exciting development signals a major milestone for the project as it enters the Open Network phase.

Pi Network's PI token is now available for spot trading on various crypto exchanges, including OKX, following a successful push for exchange listings and commitments from trading platforms. An official announcement on X (Twitter) set a floor price of $2 for PI on OKX.

With this listing, market liquidity and the adoption of PI are expected to surge. The token saw a tumultuous price movement on OKX, initially rising 10% before a sharp 21% drop.

The rollercoaster ride in prices has sparked discussions on whether Pi Network is adequately prepared for open trading, especially with many of its users being new to the crypto world.

The timing of Pi Network's exchange debut aligns with its move to the Open Network phase, a pivotal step toward enhancing accessibility and functionality within its ecosystem. Advocates believe that this transition will bolster PI's credibility and long-term viability, attracting more mainstream adoption.