Pi Network's cryptocurrency, Pi Coin, has garnered attention by reaching a market cap of $12.98 billion. U.S.-based real estate company Zito Realty LLC announced its acceptance of Pi Coin as a payment for real estate transactions.
Zito Realty and Use of Pi Coin
Zito Realty LLC has become the first real estate company to accept Pi Coin alongside Bitcoin as a payment method. The company stated that cryptocurrency can be used partially or fully for real estate purchases. For instance, buyers can make an upfront payment with Pi Coin and complete the remaining amount using traditional methods.
Technological Collaborations and Market Achievements
According to Zito Realty's website, the trading price of Pi Coin is determined based on data from the OKX exchange. Starting at $2 on February 20, 2025, Pi Coin is among the platforms preferred by the company. This step is seen as a development that could pave the way for decentralized finance systems to become widespread in the real estate sector.
Market Dynamics and Pi Coin Prospects
Pi Network aims to expand its global user base through its integration with the AI16ZH ecosystem. This collaboration is expected to bring 200,000 users from AI16ZH into the Pi network and strengthen the platform's technological infrastructure. Such moves could accelerate the adoption of the cryptocurrency, potentially increasing its market value. In the past two weeks, Pi Coin has outperformed established cryptocurrencies like Solana and Ethereum, rising to become the 11th most valuable digital asset. A daily trading volume reaching $238 million indicates growing investor interest. Analysts suggest that if listed on major exchanges, liquidity will increase, and the price could rise rapidly, especially if it enters Binance, where Pi Coin could test the $10 threshold.
Zito Realty's decision to accept Pi Coin as a form of payment could be a significant step toward the real-world application of cryptocurrency in the real estate market. This event could influence further expansion and strengthening of Pi Network's position in the crypto sphere.
