Pi Network (PI) Price Prediction: Pi Wallet shows CEX exchange integration hints, potentially breaking through $0.60 soon.

The price of Pi Network (PI) remains sluggish, currently reported at 0.4482 USD in the Asian early session today (24th). The Pi coin may soon break through as technical signals and community news point in a positive direction. The Pi Wallet has shown hints of CEX exchange integration, with news about going live on major CEX platforms sparking community interest.

Just a day ago, the intraday trading volume of the token increased by nearly 200%. In addition, its price rose by 6.8% during this period. With the Wallet upgrade and the potential integration with CEX exchange, people's interest in Pi coin may increase.

After the wallet adds the fiat currency purchase button, the PI coin price skyrockets

After the Pi Wallet quietly launched a new direct purchase feature, the price of PI coin has regained bullish momentum. This update allows users to purchase Pi coins using fiat currency through third-party services Banxa and Onramper.

Now, some mainnet Wallets have a "Buy" button, allowing users to purchase Pi coin using credit cards, Google Pay, and Apple Pay. This new fiat currency entry marks an important milestone for Pi Network towards mass adoption.

Users no longer need to rely on external exchanges to obtain Pi coins. Instead, they can recharge within the Wallet interface, thereby minimizing friction for new users. The launch of the feature still requires caution. Currently, it is limited to Banxa-verified Wallets, but it is expected to be promoted globally.

Community leader Woody Lightyear tagged this update on X, sparking a wide discussion among the pioneers. This update aligns with the larger idea of making access to cryptocurrency as easy as digital banking.

With the trading volume surpassing 92 million USD, the Pi bulls are currently expected to break through the downward trend line. If this level is breached, the price of Pi coin could reverse and drop towards the highs before the consolidation.

CEX exchange integration prompt appears in Pi Wallet

Further speculation was triggered by the discovery of support labels related to CEX exchange in the Pi Wallet interface.

Screenshots posted on social media indicate that the description section of the application mentions support for CEX exchange functionalities.

No official listings have been verified yet, but indications suggest backend work or preliminary integration.

Rumors about the CEX exchange soon listing Pi coin have already appeared. It is worth noting that this is not the first time; however, the addition of images supporting tools on the CEX exchange has added new weight to this discussion.

If integration is achieved, even partial integration can expand the liquidity and global influence of the Pi Network.

Ecosystem expanded through App Studio and Node updates

Pi Network continues to expand its core ecosystem. Since its launch, Pi App Studio has created over 7,900 dApps.

These applications cover the gaming and financial sectors, further promoting broader activities within the mainnet.

Recently, Pi released Node v0.5.3, which simplifies the setup and improves the blockchain explorer integration.

This update enhances the operation of validators and network transparency. By making it easier for nodes to participate, Pi strengthens its decentralized layer.

These updates are launched as the Pi coin integrates Web2 financial tools with Web3 architecture. The wallet upgrade marks its move towards practical functionality.

Combining a legal entry point with decentralized applications can enable the Pi Network to achieve long-term user retention.

The support tools have now been expanded to developers and validators, simplifying user access. In summary, these upgrades aim to ensure that buyers can reflect the improvements in on-chain activities.

Pi coin price prediction: likely to break through 0.60 USD soon

According to chart analyst Jireon, the price of PI coin is forming a symmetrical triangle pattern, with the $0.60 level as the upper limit.

His recent chart shows an increase in trading volume, a contraction in price trends, and an RSI slightly above 48.

Jireon stated that the Pi coin "will not stay below $0.60 for long." This structure indicates that volatility contraction is usually resolved during a breakout trend.

It is worth noting that the trend line in March is a long-term resistance level that has been tested in the past and confirmed to be able to maintain the price of PI coin.

He predicts that if the price of Pi coin confirms a breakthrough at $0.60, $0.75, and $0.90 will be the recent upward targets. This aligns with the major Fibonacci extension lines from the April high to the May low.

(Source: Trading View)