Pi Network has announced a new partnership with Onramp Money, enabling users to purchase Pi tokens using local payment methods in over 60 countries.
Pi Network Expands Access
On September 1, Pi Network confirmed its link with Onramp Money, allowing users to buy Pi using familiar payment methods in their respective countries.
Supported options include GCash, Maya, and Alipay, providing Pi holders with the ability to purchase in their native currencies. Onramp also advised buyers to drop their Pi wallet addresses to avoid failed purchases.
This partnership represents one of the largest fiat-to-Pi withdrawal channels to date, set to improve both liquidity and availability of the token. For Pi’s growing community, this development makes acquiring tokens more convenient and aligned with everyday financial spending.
Controlled Token Distribution
The blockchain project claims it is adhering to a controlled distribution plan. Dr. Altcoin, a popular crypto analyst, indicated that Pi will not release excessive tokens on centralized exchanges. Tokens will be issued directly from Pi’s foundation wallets to verified onramp partners.
Analysts note that this design avoids oversupply and supports steady ecosystem growth.
According to Dr. Altcoin, the goal is not short-term speculation but long-term use. Pi Network aims to attract users who will actively utilize Pi for apps, payments, services, and peer-to-peer transactions.
Pi Token Market Performance Remains Weak
Despite the Onramp Money listing, Pi's market performance has remained negative. According to TradingView data, the token dropped 4.52% in the past 24 hours, trading at $0.3441. Over the last month, Pi fell 7.57%, and over the last six months, it has declined by 80.98%.
Market charts indicate that Pi touched $0.35 temporarily but then dropped again. Seller activity remained high, and weak demand hindered any strong recovery.
On a positive note, the launch of the first Pi Network Exchange Traded Product (ETP) in Europe is a promising sign, indicating that larger investors are starting to show interest in Pi. With the ETP launch and the new listing, Pi is expected to gain more adoption, which could assist its price in the future.
Pi Network is broadening its capabilities through a new partnership with Onramp Money, which simplifies token acquisition. However, the current state of the market remains unstable, and further development will depend on increased demand and interest from investors.
