PANews reported on June 20 that according to the CoinList announcement, Pipe Network will launch the PIPE token sale at 01:00 (Beijing time) on June 27, 2025, and the sale period will last until July 4. This sale will total 30 million PIPEs, accounting for 3% of the total supply. Two subscription options are supported. Option 1 is valued at $250 million, 100% unlocked at TGE, and is limited to non-US users; Option 2 is valued at $200 million, unlocked one year after TGE, and both US and non-US users can participate. The subscription threshold for a single account is $100, with a maximum of $2.5 million, and supports USDT/USDC.

The project is built on Solana and focuses on a decentralized content distribution network (CDN), which aims to replace centralized servers with community nodes to improve global network performance. This round of public sales will release a total of 3% of tokens, with investors including Multicoin Capital and Solana Ventures.