Pi Network Scores Major Win As US Exchange Lists PI Token for Trading

Swapfone has announced the listing of the Pi Coin on its exchange platform. This is a great step for the Pi Network as it looks to expand beyond its current ecosystem.

Pi Network Lands Listing on Swapfone

Swapfone, a fast-growing mobile-focused crypto exchange regulated in the US, has announced it will list Pi Coin (PI) for public trading. The listing introduces the PI/USDS trading pair and went live at 14:00 UTC on July 22.

Pi Network is now listed on major exchanges like MEXC, OKX, Open Network, Bitget, CoinW, Gate.io, GCB Exchange, DigiFinex, and LBank. This listing marks an important step as Pi Network moves from limited trading with IOUs and internal testnet transactions to more open trading.

Furthermore, Swapfone has also launched a promotional airdrop to increase community excitement, promising to give 200 PI tokens to 10 lucky users who share how long they mined Pi before its mainnet debut.

This comes after recent screenshots circulating online appear to show “Binance Connect Support” and “Binance P2P Support” inside the wallet’s Help & Support menu. While Pi Network hasn’t officially confirmed any partnership, traders see this as a sign that PI might eventually reach Binance, another move that would dramatically expand its global reach.

Can Pi Coin Price Break Out Amid Growing Ecoystem?

The Pi Network’s move to secure a listing on Swapfone demonstrates the project’s ambition to establish a foothold in the open market. Combined with its wallet upgrade and speculation about a Binance tie-in, these steps could help Pi Network finally tap into broader crypto demand.

However, the price of the PI coin has remained weak despite the optimistic headlines. PI is currently down about 7% over the last day, trading at about $0.44. This can also be linked to the overall market decline as Bitcoin retraces to the $117,000 mark.

The market is still cautious for the time being. True breakout momentum has not yet materialized, and the PI price remains below its all-time high of $0.069, set in December 2024.

Beyond the launch of Swapfone, Pi Network has been quietly expanding its appeal. This month, it introduced a Buy feature within the official Pi Wallet, allowing users to buy PI directly using fiat currencies and payment methods such as credit cards and Google Pay. 

Adding to its bullish narrative, analysts have pointed to a double bottom and rounding bottom pattern forming near $0.42, suggesting a strong support zone where buyers could step in. According to CoinGape, this setup might push Pi coin price toward $1 if its bullish fundamentals continue to grow.