OKX, a number one cryptocurrency trade, has launched a brand new USDC buying and selling pair for Pi Community’s Pi Coin (PI), marking a major growth of its market liquidity.
The transfer comes as the value and buying and selling quantity of Pi proceed to say no. This displays the continuing market challenges and uncertainty surrounding the mission.
OKX Introduces Pi Coin’s New USDC Pair Amid Falling Market Curiosity
It’s price noting that OKX was the primary trade to checklist Pi Coin shortly after its Open Community launch. The trade additionally dominates the coin’s every day buying and selling quantity.
Information from CoinMarketCap confirmed that PI’s buying and selling quantity was $54 million at press time, of which 37.2% originated from OKX. Moreover, on August 21, the trade launched the PI/USDC buying and selling pair.
The transfer goals to boost Pi’s buying and selling alternatives and enhance liquidity. It has additionally amplified optimism among the many Pi community neighborhood, or Pioneers.
“This new pair brings larger liquidity, larger adoption, and stronger development to the Pi ecosystem!” a consumer wrote.
New information up to date $Pi
@PiCoreTeam @nkokkalis @Chengdiao @okx(OKX) has added PI/USDC buying and selling pair as a substitute of simply PI/USDT.
Simply be affected person, after open supply there will likely be Sensible Contract and Defi.#PiNetwork pic.twitter.com/mka8YYzxas
— 𝕏 FireSide | Pi π (@fireside_pi) August 21, 2025
Nonetheless, this launch coincides with troubling market traits for Pi Community. In response to CoinMarketCap, PI’s buying and selling quantity has sharply plunged, dropping from $18 billion in March to $2.6 billion in July.
Pi Coin Month-to-month Buying and selling Quantity. Supply: Information Curated by BeInCrypto
This 85% discount displays waning investor curiosity. Moreover, this pattern is exacerbated by a 50% improve in trade reserves since March. BeInCrypto reported beforehand that the reserves reached 409 million PI in August.
The community’s newest launch of the Pi Hackathon 2025 has didn’t reverse this momentum. In truth, the occasion has attracted substantial criticism from the neighborhood.
Furthermore, BeInCrypto highlighted that PI’s social dominance has slipped to a weekly low. It displays a decline within the mission’s visibility or reputation on social media and on-line platforms.
However the vital drop is expounded to the value. Even amid a broader bull run, PI has failed to achieve momentum. The altcoin is simply 7.7% away from its all-time low of $0.33 recorded on August 6.
On the time of writing, Pi Coin was buying and selling at $0.36, down 0.9% over the previous day. If the present downward pattern continues, it possible that PI would return to its ATL or drop even decrease.
Pi Coin Worth Efficiency. Supply: BeInCrypto Markets
Notably, the brand new USDC pair, whereas providing an extra liquidity channel, could inadvertently amplify these challenges. Pioneers and traders had hoped the pairing would appeal to recent capital and stabilize costs, however the present market dynamics counsel in any other case.
And not using a corresponding improve in demand, the pair dangers turning into one other avenue for PI to exit the market, turning a strategic transfer into a possible legal responsibility.
The publish OKX Introduces PI/USDC Pair—Will It Increase Liquidity or Gas Additional Decline? appeared first on BeInCrypto.
