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Pi Network Hackathon Hints at Upcoming Coinbase Listing

Pi Network or Pi COIN logo on black

Pi Network is making headlines as it nears the completion of its open-source transition, sparking speculation about a possible Coinbase listing. The network, known for its innovative approach to mobile cryptocurrency, has captured the attention of the crypto community with recent developments that signal broader adoption and market expansion.

Hackathon Winner Hints at Coinbase Listing

A recent post by Pi Barter Mall, the 2021 Pi Network Hackathon winner, hinted that Pi Coin could soon be traded on Coinbase, one of the world’s largest cryptocurrency exchanges. This has reignited discussions among Pi Network users who have eagerly awaited a listing on major platforms. The rumor echoes a March tweet by Coinbase’s Chief Legal Officer, Paul Grewal, featuring purple pies with the Pi logo. Analysts suggest that a Coinbase listing could boost liquidity and increase trading opportunities, though no official confirmation has been provided.

Binance Integration Delays and Swapfone Milestone

Earlier this year, screenshots revealed Binance Connect and Binance P2P options in the Pi Wallet, hinting at potential integration with Binance. However, concerns about decentralization and utility may delay such a listing. Meanwhile, Pi Network achieved a significant milestone by listing on Swapfone, a US-regulated mobile-focused exchange, with the PI/USDS trading pair. This marks Pi Coin’s first notable entry into the American market, reaching a wider audience despite Swapfone being smaller than Binance or Coinbase.

ALSO READ:Pi Network Transfers 550M PI Tokens, Sparking Second Migration Speculation

Open-Source Transition Nears Completion

Pi Network’s open-source progress is now at 90%, signaling a near-complete release. Opening the code is expected to improve transparency and foster trust within the blockchain community. Developers will gain the ability to build applications on the Pi OS, expanding real-world use cases and supporting ecosystem growth. The ongoing Hackathon encourages practical application development, while the upcoming Stellar Protocol 23 upgrade could enhance scalability and efficiency, strengthening Pi Network’s infrastructure.

With its open-source launch approaching and potential major exchange listings on the horizon, Pi Network is positioning itself for increased adoption and greater visibility in the global cryptocurrency market.

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