Telegram Crypto Wallet Integrates Pi Network, Expanding Reach to 1 Billion Users
Pi Network has been integrated into Telegram’s crypto wallet, potentially granting it access to the messaging platform’s massive user base. With Telegram CEO Pavel Durov recently announcing that the app has surpassed 1 billion monthly active users, the integration could significantly boost Pi Network’s visibility.
Through this update, Telegram users can now buy and trade PI tokens directly within the app’s crypto wallet. However, despite this expanded access, Pi Network has yet to secure listings on major exchanges like Binance and Coinbase, which could enhance its credibility among investors.
Pi Network’s Market Position and Telegram’s Impact
Pi Network initially gained momentum in the crypto space, surging nearly 100% in its first week and peaking at $2.92 on February 27. However, since then, the token has experienced continuous liquidations and declining demand, with skepticism from major exchanges delaying a broader market adoption.
Today’s integration with Telegram’s crypto wallet offers renewed optimism for Pi Network’s community. The platform’s vast user base, coupled with an average engagement time of 41 minutes per day, could provide a new market of potential investors.
Despite the milestone, Pi’s price remains down by over 25% in the past week, indicating that broader consumer interest in the project remains uncertain. While the integration marks a major step toward mass adoption, Pi Network’s future hinges on whether it can convert Telegram’s vast user base into active investors.
