Pi Network (PI) breaking news: The Pi Wallet supports mainstream CEX features, is an IPO coming soon?

Pi Network (PI) continues to show weakness, reporting at 0.4497 USD during the Asian early session today (24th). The new Wallet update for Pi Network supports CEX functionality, suggesting potential trading access permissions. If Pi coin is launched on CEX exchange, millions will eventually be able to exchange Pi coins for fiat.

(Source: CoinMarketCap)

Pi Network may have just revealed the most significant move to date: a potential integration with CEX exchanges, which could ultimately bring Pi coin to millions of traders worldwide, once again sparking rumors about the listing of Pi coin.

Hidden Clues in the Pi Network Wallet Fuel Bullish Sentiment

A low-key update inside the Pi Network Wallet has brought a spark of excitement to the Pi community. Screenshots circulating online show that two CEX support options have been added under the "Help and Support" tab of the Wallet.

Although this does not confirm that Pi Network will be traded on CEX immediately, many believe this is an intentional signal indicating that it is aligning with the world's largest exchange.

The top leader of the Pi community, Spock, shared his excitement about this update. The emergence of these features indicates that the Pi Network Core Team (PCT) is quietly building the infrastructure to transition Pi coin from the closed testing phase to a broader public market.

If Pi can be traded through a CEX, it will allow millions of Pi Network users to directly exchange their tokens for fiat, releasing true liquidity and utility for the first time.

For several months, the community has been speculating about when Pi Network will finally land on a CEX. Gate exchange has already launched this network. However, the new round of CEX launches will be an important step for Pi Network towards widespread acceptance.

Previously, Pi Network also released other positive updates. The Pi Wallet recently added a "Buy" button, making it convenient for users to directly purchase Pi coins. Due to the collaboration with Banxa and Onramper, users can make purchases using credit cards, debit cards, and Google Pay. This change makes it easier for new users to get started and reflects Pi coin's commitment to making an impact in the real world.

Why did CEX wait until now?

CEX previously refused to list Pi Network in its "vote for listing" event, despite strong community demand. They pointed out that Pi Network lacks open-source code, has limited practicality, suffers from centralization issues, and has insufficient liquidity. Furthermore, analysts noted that Pi Network has not hired a third-party auditing firm for security audits, which is typically necessary for significant transactions.

However, the new Wallet support options indicate that Pi Network may be working to address these issues. They seem to be formulating the technical and compliance requirements needed by the exchange before the token goes live.

Although not officially confirmed yet, the Pi Wallet supports CEX functionality, which is undoubtedly the strongest hint so far that Pi is about to launch, or at least provide trading access. If everything goes smoothly, it will significantly enhance liquidity, drive up the price of Pi coin, and bring true global usability to pioneering enterprises.