PI/USDC Pair Debuts on OKX: Will It Boost Pi Network or Bring New Risks?

Jakarta, Pintu News – The crypto market is always full of unexpected dynamics.

Recently, crypto exchange OKX announced the launch of a new trading pair for Pi Coin (PI) with US Dollar Coin (USDC), which raises a big question: will this increase liquidity or will it exacerbate Pi Coin’s decline in value?

Strategic Launch by OKX

OKX, known as one of the leading crypto exchanges, has taken a big step by introducing the USDC trading pair for Pi Coin (PI). This comes after OKX became the first exchange to list Pi Coin soon after the launch of their Open Network.

Read also: PI Coin Maintains $0.36 Support Today, Demand Shows Signs of Growth!

With Pi Coin’s daily trading volume dominating, OKX seems to be going out of its way to expand market liquidity. On August 22, the PI/USDC pair was officially launched. This move is expected to open up more trading opportunities for Pi Coin and ultimately increase its liquidity.

The Pi Network community, known as Pioneers, welcomed this initiative in the hope that it would bring a breath of fresh air to the Pi Coin exchange rate.

Deteriorating Market Trends

Despite optimism from the community, data from CoinMarketCap (Aug 22) shows that PI trading volumes have seen a drastic drop.

From $18 billion in March, it dropped to just $2.6 billion in July, representing a decline of 85%. This decline reflects reduced investor interest in Pi Coin.

Additionally, there has been a 50% increase in exchange reserves since March, totaling 409 million PI in August. The Pi Hackathon 2025 that the network launched also failed to turn things around, instead being criticized by the community.

PI’s drop in social dominance to a weekly low adds to the evidence of the project’s declining popularity on social media and online platforms.

Read also: Pi Network Trend Declines – Will Pi Coin Plummet Again to the Lowest Point?

PI/USDC Pair Outlook

With the launch of the PI/USDC pair, there is hope that this will attract new capital and stabilize the price of Pi Coin.

However, current market dynamics suggest that without a significant increase in demand, this new pair may just be another path for PI’s exit from the market. This could turn a strategic move into a potential loss for Pi Coin.

On August 22, Pi Coin was trading at $0.36, down 0.9% in a day. If this downward trend continues, Pi Coin may go back to its all-time low price or even lower. This shows that despite new initiatives, the challenges faced by Pi Coin are still enormous.

Overall, OKX’s launch of the PI/USDC pair may provide some hope for the Pi Network community, but the challenges faced by Pi Coin remain significant.

Increased liquidity is not enough without strong demand. The market will continue to watch closely to see if this initiative will have a positive impact or simply accelerate Pi Coin’s decline in value.

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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.

Reference:

• BeInCrypto. OKX PI/USDC Pair Problems. Accessed on August 22, 2025