PI Token Debuts on Swapfone – A Strategic Move Toward Open Market Expansion
Swapfone, a rapidly growing mobile-first crypto exchange regulated in the United States, has announced the listing of Pi Coin (PI) with the PI/USDS trading pair. Trading went live at 14:00 UTC on July 22.
This move represents a strategic step for Pi Network as it seeks to transition from a closed ecosystem to participating in open market trading.
Prior to this, PI had already been listed on several major exchanges such as MEXC, OKX, Open Network, Bitget, CoinW, Gate.io, GCB Exchange, DigiFinex, and LBank. The listing on Swapfone signals a key evolution—from internal testnet transactions and IOUs to more liquid and open market trading.
Airdrop Campaign and Binance Clues Fuel Community Excitement
To raise awareness and drive user engagement, Swapfone is also launching an airdrop campaign that will reward 200 PI tokens to 10 lucky users who share how long they mined Pi before the mainnet launch.
Additionally, recent screenshots circulating online have shown “Binance Connect Support” and “Binance P2P Support” appearing in the Help & Support menu of the Pi Wallet. While Pi Network has yet to officially confirm any collaboration with Binance, many traders view this as a strong hint that PI may be heading for a Binance listing—an event that could greatly boost its global visibility.
Can PI Token Break Out as Ecosystem Momentum Grows?
Pi Network’s listing on Swapfone highlights its ambition to enter mainstream crypto markets. Together with its recent wallet upgrade and growing speculation around Binance integration, the project is building a bullish narrative.
However, despite the positive headlines, PI’s price performance remains lackluster. In the past 24 hours, PI has dropped roughly 7%, currently trading around $0.44—mirroring the broader market correction as Bitcoin retraced to the $117,000 level. PI is still trading well below its all-time high of $0.69, recorded in December 2024.
Still, Pi Network continues to quietly build out its ecosystem. This month, the official Pi Wallet introduced a new “Buy” feature, enabling users to purchase PI directly using fiat currencies via credit cards and Google Pay—an important step toward mass adoption.
Technical analysts also point to a forming double bottom and rounding bottom pattern near the $0.42 level, indicating a strong support zone where buyers may step in, if bullish fundamentals persist, PI could potentially rally toward the $1 mark in the near future.
