Telegram Crypto Wallet Integrates Pi Network, Reaching Up to 1 Billion Users

Source Beincrypto

Pi Network is now integrated with Telegram’s crypto wallet, potentially giving it access to a massive new customer base. Telegram CEO Pavel Durov claims that the messaging app has reached over 1 billion monthly users in 2025.

This means that Telegram users will now be able to buy PI through the app’s integrated crypto wallet. While it certainly boosts the token’s visibility, Pi Network still lacks listing from tier-1 exchanges like Binance and Coinbase, which could improve its credibility in the market.

Pi Network is On the Telegram Wallet

PI made an explosive entry into the crypto market, surging nearly 100% in its first week and hitting a peak of $2.92 on February 27. However, the altcoin has seen continuous liquidations since then. Scrutiny from the big exchanges is delaying major listings, and demand is drying up in a big way.

Yet, today’s Telegram integration provides some optimism for the PI community.

Pi Network on TelegramPi Network on Telegram. Source: Telegram

Integration into Telegram’s crypto wallet is a particularly useful development for Pi Network for a few reasons. Telegram’s CEO, Pavel Durov, was released this month after being arrested in August 2024. Now that he’s resumed his activities, he posted notable statistics about the platform’s user base:

“Telegram now has significantly over 1 billion monthly active users, becoming the second most popular messaging app in the world (excluding the China-specific WeChat.) User engagement is also rising, [and] our revenue growth has exploded. We are just getting started,” Durov claimed via Telegram.

In other words, Pi Network is now able to reach one billion Telegram users at a time when the average user spends 41 minutes on the platform daily. This could potentially be a huge pool of new customers, and Pi fans are calling it a “historic step toward mass adoption of decentralized finance.”

However, it’s important to note that Telegram’s crypto functionality, while growing in usage, remains largely underutilized. Despite today’s announcement, the PI price has remained over 25% down in the past week. This reflects declining consumer interest in the project.

pi network price chartPi Network Weekly Price Chart. Source: BeInCrypto

Major crypto exchanges like Binance and Coinbase may be dragging their feet with Pi Network, but Telegram has its own substantial user base. If the project can convince a decent chunk of these users to invest, it would be huge.

If it cannot, however, then Pi Network’s losing streak may continue for the foreseeable future.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Finding The Best Japan Stocks to Buy? These are Top Japanese Companies to Watch Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
Author  Mitrade
May 29, Fri
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
placeholder
WTI rises to near $93.00 as Iran launches missiles toward Kuwait, BahrainWest Texas Intermediate (WTI) gains ground for the third successive day, trading around $92.90 per barrel during the Asian hours on Wednesday.
Author  FXStreet
Jun 03, Wed
West Texas Intermediate (WTI) gains ground for the third successive day, trading around $92.90 per barrel during the Asian hours on Wednesday.
placeholder
Forex Today: US Dollar stays resilient ahead of key US dataHere is what you need to know on Wednesday, June 3:
Author  FXStreet
Jun 03, Wed
Here is what you need to know on Wednesday, June 3:
placeholder
Bitcoin drops below $65K amid reinforced bear market signalsBitcoin (BTC) dipped further below $65,000 on Wednesday, with onchain data from Glassnode signaling a market firmly in a bear phase. The decline has pushed prices back into a key valuation range between the Realized Price and the True Market Mean.
Author  FXStreet
Jun 04, Thu
Bitcoin (BTC) dipped further below $65,000 on Wednesday, with onchain data from Glassnode signaling a market firmly in a bear phase. The decline has pushed prices back into a key valuation range between the Realized Price and the True Market Mean.
placeholder
Gold declines below $4,500 on stalled US-Iran ceasefire talks, US NFP data loomsGold price (XAU/USD) edges lower to near $4,470 during the early Asian session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday. 
Author  FXStreet
Yesterday 01: 25
Gold price (XAU/USD) edges lower to near $4,470 during the early Asian session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday. 
goTop
quote