Swapfone lists Pi Coin ($PI) for $USDS trading, enhancing U.S. access, with a 200 PI airdrop to boost community engagement.
The listing of the Pi Coin on Swapfone’s exchange platform has been announced. This is a promising development for the Pi Network as it endeavors to broaden its scope beyond its current ecosystem.
Swapfone Lists Pi Network
Pi Coin (PI) will be listed for public trading on Swapfone, a mobile-focused crypto exchange rapidly expanding and regulated in the United States. The PI/USDS trading pair was introduced in the listing and activated at 14:00 UTC on July 22.
Pi Network is currently listed on numerous exchanges, including MEXC, OKX, Open Network, Bitget, CoinW, Gate.io, GCB Exchange, DigiFinex, and LBank. This listing represents a significant milestone in the transition of Pi Network from restricted trading with IOUs and internal testnet transactions to more open trading.
Swapfone has also implemented a promotional airdrop to heighten community enthusiasm. The company has pledged to distribute 200 PI tokens to ten fortunate users who disclose the duration of their Pi mining before the mainnet’s launch.
This is in response to recent photographs that have been circulating online, which appear to depict “Binance Connect Support” and “Binance P2P Support” within the wallet’s Help & Support menu. Although Pi Network has not officially announced any partnerships, traders interpret this as indicating that PI may eventually establish a partnership with Binance, which would significantly broaden its global presence.
Is it possible for the price of Pi Coin to surge in the face of a developing ecosystem?
The project’s determination to establish a presence in the open market is evidenced by the Pi Network’s decision to obtain a Swapfone listing. In conjunction with its wallet upgrade and speculation regarding a Binance partnership, these initiatives could enable Pi Network to enter into the broader crypto demand.
Nevertheless, the PI coin’s valuation has remained depressed despite the optimistic headlines. PI is trading at approximately $0.44, a decrease of approximately 7% from the previous day. This can also be associated with the general market decline, as Bitcoin retraces to the $117,000 level.
For the time being, the market remains cautious. The PI price has not yet achieved real breakout momentum, and it is still below its all-time high of $0.069, which was established in December 2024.
Pi Network has been discreetly broadening its appeal in addition to the launch of Swapfone. This month, the official Pi Wallet was updated to include a Buy feature, which enables users to purchase PI directly using fiat currencies and payment methods such as Google Pay and credit cards.
Analysts have identified a double bottom and rounding bottom pattern forming near $0.42, which adds to the bullish narrative. This pattern suggests a robust support zone where buyers could potentially enter. This scenario could propel the price of Pi coin toward $1 if its favorable fundamentals continue to expand.