Pi Network Surges 5% After Major Breakthrough — Now Live on Telegram’s Crypto Wallet!

Updated
March 28, 2025
Gambar Pi Network Surges 5% After Major Breakthrough — Now Live on Telegram’s Crypto Wallet!

Jakarta, Pintu News – Pi Network has now integrated with Telegram’s crypto wallet, potentially opening up access to a huge new user base.

Telegram’s CEO, Pavel Durov, stated that the messaging app has reached more than 1 billion monthly active users by 2025.

With this integration, Telegram users can now purchase PI tokens directly through the app’s crypto wallet.

While this increases the visibility of the PI token, Pi Network is still not listed on tier-1 crypto exchanges such as Binance and Coinbase – whereas a presence on these major exchanges could increase its credibility in the market.

Pi Network Price Up 5.1% in 24 Hours

Source: CoinGecko

Read also: Pi Network Price to Keep Falling or Ready to Rise? Check out the latest prediction!

At the time of writing (28/3/25), the price of Pi Network (PI) has recorded an increase of 5.1% in the last 24 hours, with the price of PI coin around $0.8493. If converted to rupiah at the current rate, which is $1 = IDR 16,580, the price of Pi Network to rupiah is around IDR 13,927.

PI’s market capitalization currently stands at around $5.76 billion, with a daily trading volume of $383 million, suggesting buying interest remains active despite the price trend still under downward pressure.

What’s driving Pi Network’s price increase today?

Pi Network Comes to Telegram Crypto Wallet

Pi Network made a big splash when it entered the crypto market, surging almost 100% in its first week and peaking at $2.92 on February 27. But since then, the altcoin has experienced sustained selling pressure. Strict vetting from major exchanges hampered the process of large listings, and demand for the token began to plummet.

Nonetheless, today’s integration of PI into the Telegram crypto wallet gives new hope to the Pi community.

pi network crypto wallet telegram
Source: Telegram

This integration is very important to Pi Network for several reasons. Telegram CEO Pavel Durov, who was previously detained in August 2024, was released this month. Upon his return, he shared some interesting statistics about Telegram:

“Telegram now has over 1 billion monthly active users, making it the second most popular messaging app in the world (excluding China-only WeChat). User engagement is increasing, and our revenue growth is exploding. This is just the beginning,” Durov said via Telegram.

In other words, Pi Network can now reach one billion Telegram users, with the average user spending 41 minutes each day on the platform. This could be a huge potential market, and Pi enthusiasts are calling it a “historic step towards mass adoption of decentralized finance.”

Pi Network Drops 25% in a Week

However, it’s worth noting that Telegram’s crypto feature, despite its increasing use, is still not widely utilized. Despite today’s announcement, the price of PI is still down more than 25% in the past week – reflecting waning consumer interest in the project.

Read also: Crypto Analyst: 4 Strong Reasons that will Drive XRP Price to $20!

Big crypto exchanges like Binance and Coinbase may still be unsure of Pi Network, but Telegram has a huge user base. If Pi Network is able to attract some of these users to invest, it could be a huge breakthrough.

But failing that, the Pi Network’s downward trend is likely to continue in the near future.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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