Pi Network Founder Hints at Multi-Crypto Support: Is Pi Becoming the Next Coinbase?

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Pi Network News: Founder Hints at Support for More Cryptocurrencies

Lately, it’s been reported that Nicholas Kokkalis, the creator of Pi Network, hinted at plans to add additional cryptocurrencies to the Pi Wallet down the line. This potential expansion signifies a substantial step forward for the network’s digital currency offerings.

Furthermore, advancements have been made within the network, such as simplifying the process of purchasing Pi Coin using traditional money through online payment options.

Is Pi Launching More Cryptocurrencies?

In a recent update on X, Pi Network hints at potentially adding more cryptocurrencies to its platform, similar to the Coinbase wallet. This suggests that the network aims to diversify its digital assets for broader trading opportunities. According to their statement, “Nicolas suggested that the Pi Wallet could accommodate more cryptocurrencies in the future, much like the Coinbase Wallet and numerous other wallets.

It’s been mentioned that the Pi test network has started testing transactions involving various digital currencies, hinting at possible future collaborations with prominent crypto platforms. This action indicates that Pi Network is expanding its influence and preparing for more extensive growth involving significant digital assets. As of now, Kokkalis has not released an official statement regarding which cryptocurrencies will be supported on the Pi Network.

In simple terms, the creator of Pi Network, Nicolas, shared that the Pi Wallet might expand its compatibility with various cryptocurrencies, similar to Coinbase Wallet and numerous other wallets in the future. Currently, it’s possible to buy Pi using traditional money (fiat currency) online. He encourages everyone to keep using Pi as its long-term value is expected to increase.

ā€” PiNetworké˜æ龙 (@fen_leng) July 26, 2025

Exciting Recent Developments in Pi NetworkĀ 

As an analyst, I’m excited to share that I’ve noticed an update in Pi Wallet’s services. Now, users like myself can effortlessly purchase Pi coins using a variety of payment options such as debit cards, credit cards, Google Pay, and Apple Pay. The user interface has been streamlined too, with easy-to-access buttons leading directly to crypto exchanges and the option to “Mine Pi For Free.” This update makes interacting with Pi Wallet more straightforward and convenient than ever before.

This week, Pi Network simplified onboarding for users by streamlining the process of obtaining tokens within their application, eliminating the need for a cumbersome and intricate setup.

Is Pi Overcoming the Allegations of Being A Scam?

On multiple occasions, Pi Network has faced accusations of being a scam by industry professionals and prominent cryptocurrency platforms. The coins associated with Pi were removed from crypto exchanges due to concerns about potential privacy violations. Lately, though, the network seems to be addressing these allegations of being a fraudulent operation.

Furthermore, the Pi App Studio accommodates numerous decentralized apps (dApps), with additional features like Directory Staking helping to elevate the visibility of these on-chain applications. The platform has also taken steps to upgrade its technical framework, benefiting both users and developers. Despite some ongoing improvements needed for Pi, it remains committed to strengthening its network services.

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2025-07-26 12:59