The Pi Network has officially landed a new exchange listing. Swapfone, a fast-growing mobile-focused blockchain and digital asset exchange, has announced that it will list Pi Coin ($PI) with trading to begin at 14:00 UTC on July 22. The new trading pair available is $PI/$USDS.
The listing comes with a celebratory airdrop campaign: Swapfone is giving away 200 Pi tokens to 10 users who share how long they’ve been mining Pi before its mainnet launch.
However, despite this seemingly positive news, Pi Coin’s price remains underwhelming. As of writing, it is still trading below $0.50, showing little reaction to the new listing. In fact, Pi has lagged behind other major altcoins in the latest crypto market rally. While Bitcoin has reached new highs and Ethereum, XRP, and Solana have surged in double digits, Pi Coin has only recorded 6% gains in the last seven days.
Experts and investors alike are puzzled. Back in May, Pi showed signs of tracking broader market movements. But in recent weeks, that trend has reversed. One reason for the stagnation could be the community’s mounting frustration with missed expectations.
Many expected tier-1 listings on exchanges like Binance or Coinbase by now, but those have yet to materialize. Celebrated dates like Pi Day and Pi2 Day came and went without exciting announcements.
Additionally, the token is still hovering near all-time lows since the mainnet launch in February. This is concerning to long-term holders who hoped the open mainnet would bring better liquidity and real-world usage.
On a macro level, crypto sentiment remains bullish. Ethereum is leading gains, and even U.S. regulatory developments have slightly improved after the House advanced key crypto bills, including the CLARITY Act and Anti-CBDC Surveillance Act. This “risk-on” environment typically favors altcoins like Pi Coin.
Moreover, Binance previously polled its users on a potential $PI listing and 90% responded positively. While the listing hasn’t happened yet, this kind of interest shows Pi still holds strong community backing.
Despite the listing, Pi remains under $0.50 due to weak momentum and unmet expectations from the community.
Swapfone is running a giveaway of 200 Pi tokens to 10 users who share their Pi mining history before mainnet launch.
Delayed tier-1 exchange listings and lack of real-world use have limited Pi’s price growth after its mainnet launch.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bitcoin (BTC) price extended its recent gains on Friday to almost retest its all-time high…
Ethereum may be on track to reach $60,000 in the next few years, according to…
Investors searching for 10x returns before 2026 need to balance ambition with realism. Many of…
Ethereum (ETH)’s success story continues to inspire traders across the market. For years, ETH has…
Cryptocurrency is steadily gaining ground in the U.S., with more people and businesses exploring digital…
President Donald Trump has floated a proposal that could change the way Americans benefit from…
