PI Token Defies Market Slump with 5% Surge on Exchange Listings and Mainnet Hype

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News - Pi Network's native token PI jumped 5% to hit a three-week high as trading volume surged 30% to $65.2 million, bucking the broader crypto market downturn. The rally follows strategic exchange listings and mounting anticipation for the network's planned 2025 mainnet launch. Valour, a subsidiary of DeFi Technologies, launched a Pi-focused exchange-traded product in Sweden, while U.S.-regulated platform Swapfone added PI/USDS trading pairs. These developments align with promotional airdrops that have injected fresh liquidity into PI markets. Network upgrades are further fueling bullish sentiment. The upcoming v23.01 release promises enhanced security and open-source components, and the recent deployment of the Linux Node version signals growing infrastructure maturity. Traders note that PI's strong performance stands in contrast to stagnant altcoin markets, with one observing, 'The ecosystem is demonstrating real traction.'