"Pi Network Launches Mainnet; XRP Price Surges Amid ETF Hopes"
1min read The cryptocurrency market witnessed significant developments on February 20, 2025, with the launch of the Pi Network, a surge in XRP price, and more. Here's a roundup of the key events:
The Pi Network, a new cryptocurrency project, officially launched its mainnet, marking a significant milestone for the project. The Pi Network aims to create a more inclusive and accessible cryptocurrency ecosystem by leveraging a unique consensus mechanism called "Proof of Space and Time." The launch of the mainnet allows users to start mining Pi tokens and participate in the network's governance.
Meanwhile, the price of XRP, the native cryptocurrency of the Ripple network, surged on February 20, 2025. The price increase comes amidst growing optimism surrounding the potential approval of a spot XRP ETF by the U.S. Securities and Exchange Commission (SEC). The SEC recently acknowledged a spot XRP ETF filing from Cboe BZX Exchange on behalf of Canary Capital, moving it forward in the approval process. The agency is now accepting public comments for 21 days before making a final decision.
In other news, World Liberty Financial (WLFI), a crypto-focused platform tied to Donald Trump, purchased 548,538 SEI tokens for $125,000 in USDC, according to blockchain tracker Lookonchain. The purchase is the latest in WLFI's ongoing crypto spree, following recent buys of MOVE and WBTC. The purchase is part of a broader strategy to diversify its crypto portfolio, which now includes significant holdings across multiple tokens.
Additionally, MANTRA rolled out RWAccelerator, a new program designed to support startups diving into real-world asset (RWA) tokenization, with backing from Google Cloud. The initiative provides funding, mentorship, AI-driven resources, and hands-on technical support for projects in real estate, finance, and beyond. Google Cloud will provide free cloud services and tech workshops. Experts predict that by 2027, 10% of the world’s economy could be stored on blockchain. Applications are open until March 20, and the program starts in April in Dubai, following MANTRA’s recent approval to offer crypto services there.
The cryptocurrency market continues to evolve, with new projects and developments emerging daily. As 
