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Pi Network Listed on Phoncex: A New Chapter for Picoin Trading Begins

Phoncex officially listed Pi Coin (PI) on its exchange, launching the PI/PUSD trading pair at 09:30 UTC. This announcement marks a significant milestone for Pi Network, which has spent years building a decentralized ecosystem through mobile-first mining, community engagement, and infrastructure development.


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The listing is accompanied by a promotional campaign offering 500 PI to 10 users who comment on how long the Pi community has been mining before the launch date—a gesture that celebrates the network’s long-standing commitment to grassroots participation.

According to of the listing, reactions within the community have been mixed. While many view this as a historic turning point, others question the timing and strategic implications of the listing.

Why This Listing Matters

Phoncex may not be the largest exchange globally, but its decision to list PI reflects growing confidence in Pi Network’s readiness for public trading. The listing provides:

  • A formal gateway for users to trade PI with PUSD

  • Increased visibility for Pi Coin in the broader crypto market

  • A testing ground for liquidity, price discovery, and user behavior

  • A benchmark for future listings on larger exchanges

This move also aligns with Pi Network’s broader strategy of phased integration, starting with smaller platforms to build momentum before targeting major exchanges.

The Journey to This Moment

Pi Network began its journey in 2019 with a vision to make cryptocurrency accessible to everyone. Through a mobile mining model, it attracted tens of millions of users globally, many of whom had never interacted with blockchain before. Over the years, the network has introduced KYC verification, decentralized governance, and smart contract capabilities.

The launch of Protocol v23.01 in September 2025 marked a technical leap forward, introducing biometric authentication, Linux Node expansion, and decentralized identity aligned with global standards. These upgrades laid the foundation for institutional adoption and exchange integration.

The listing on Phoncex is the first public trading venue for PI, and while it may not carry the weight of a Binance or Coinbase listing, it represents a tangible step toward market validation.

Community Reaction and Sentiment

The Pi community has responded with enthusiasm and curiosity. Social media platforms are filled with posts celebrating the listing, sharing screenshots of trades, and speculating on future price movements. The promotional campaign by Phoncex has further energized users, encouraging them to reflect on the network’s mining history and long-term vision.

However, some voices within the community remain cautious. Concerns include:

  • Limited liquidity and trading volume on Phoncex

  • Potential for price manipulation due to low market depth

  • Uncertainty around token unlock schedules and governance control

These concerns echo broader debates about Pi Network’s readiness for full market exposure and the importance of maintaining decentralization as adoption grows.

Price Movement and Market Impact

Following the listing, Pi Coin experienced modest trading activity, with early price fluctuations reflecting both excitement and uncertainty. Analysts suggest that while the listing may not immediately impact global pricing, it sets the stage for future listings and broader market participation.

As noted in, Pi Coin’s price has faced downward pressure in recent weeks, driven by token unlocks and bearish sentiment. The listing on Phoncex could help stabilize the market by introducing structured trading and price discovery mechanisms.

Strategic Implications for Pi Network

The Phoncex listing is more than a technical event—it is a strategic signal. It demonstrates that Pi Network is moving from a closed ecosystem to an open-market framework. This transition involves:

  • Testing liquidity and trading infrastructure

  • Building relationships with exchange partners

  • Preparing the community for broader market dynamics

  • Validating technical readiness through real-world use

These steps are essential for Pi Network’s long-term goal of becoming a foundational layer in the Web3 economy.

What Comes Next

With the Phoncex listing now live, attention turns to the next phase of Pi Network’s market strategy. Key developments to watch include:

  • Potential listings on larger exchanges such as Binance or Kraken

  • Expansion of fiat onramps through partners like TransFi

  • Rollout of staking mechanisms and DAO governance

  • Continued development of decentralized applications and merchant tools

Each of these milestones will contribute to Pi Coin’s utility, visibility, and value proposition in the global crypto landscape.

Conclusion: A Step Toward Market Integration

The listing of Pi Coin on Phoncex marks a new chapter in Pi Network’s evolution. It validates years of community effort, technical development, and strategic planning. While challenges remain, the listing provides a platform for growth, experimentation, and broader adoption.

For pioneers who have mined PI since the beginning, this moment is a testament to persistence and belief. And for the crypto market at large, it’s a signal that Pi Network is ready to engage, compete, and contribute to the future of decentralized finance.


Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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