Pi Network announced a new feature that allows users to buy tokens directly through the app, bypassing traditional exchanges.
New Token Purchase Feature
Recently, a feature became available for some users that allows the purchase of Pi tokens through the built-in wallet of the app. This feature uses services provided by Banxa and Onramper, reducing friction in the user experience and making cryptocurrency more accessible to those unfamiliar with it.
Expansion of Pi Network Ecosystem
In addition to the payment update, Pi Network is actively expanding its ecosystem. The launch of Pi Node v0.5.3 aims to improve node deployment and transparency. The App Studio continues to attract developers, already hosting thousands of decentralized applications.
Market and Token Performance
Amid these updates, the Pi token market is showing renewed interest. In the last 24 hours, it has increased by almost 7%, and the trading volume has more than doubled to $189 million. These changes highlight growing confidence in the evolution of the project's infrastructure and its gradual path to utility.
The new feature for buying tokens directly in the app could lead to increased popularity of the cryptocurrency among a broader audience, emphasizing Pi Network's aim to simplify access to blockchain technologies.
