Predicting the value of Pi Network's cryptocurrency (Pi coin) by 2025 is speculative since Pi is not officially listed or tradable on major exchanges yet. Its future price will depend on several factors, including:

1. Mainnet Launch: If Pi Network successfully launches its Mainnet and gets listed on exchanges, it could impact the price.

2. Adoption Rate: The number of users and businesses that accept Pi as a form of payment will influence demand.

3. Utility and Ecosystem Development: Building a strong ecosystem with real-world applications will add value.

4. Market Sentiment: General trends in the crypto market, including Bitcoin and Ethereum, will likely affect Pi's value.

Until Pi Network releases its coins onto the public market and there is historical data from trading, any specific price prediction remains speculative. Keep an eye on updates from the Pi Network team as the project evolves.

The Pi Network is currently in the "enclosed mainnet" phase, which means that the Pi coin is not yet fully tradable on external exchanges. The Pi Network team has not provided a specific date for when the open mainnet (when Pi coins can be traded on external exchanges) will begin.

However, the launch of the open mainnet depends on several factors, including:

1. KYC (Know Your Customer) Process: The team is working on verifying its users to ensure compliance with regulations. A significant portion of users must pass KYC before open mainnet can be launched.

2. Ecosystem Development: The Pi Network is also focusing on building applications and a utility ecosystem around the Pi coin before making it tradable.

3. Security and Testing: The transition to the open mainnet requires thorough security audits and testing to ensure the network is stable.

As of now, there is no official announcement regarding the exact time frame for the open mainnet launch, but it is expected sometime in the near future, possibly within 2024 or 2025, depending on the progress made. Keep following official Pi Network updates for the latest news.

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