#PI Pi Network entering the institutional market could mark a watershed moment. Previously, everything about Pi was strictly retail-focused before the launch of $PI ETP by Valour. That has always been its positioning. Now? The situation has changed. ETFs fundamentally alter the landscape — they provide a true entry point for institutions. Whether they will actually enter or not remains to be seen, but the infrastructure is finally in place. The pathway is already there. This is a breakthrough. For a project that is mobile-first, this institutional-grade product represents a true evolution. It signifies maturity. Whether retail holders see this as an opportunity or dilution may depend on how the next chapter unfolds.

#PI $PI People who don't believe in the success of the派 think it's a trash coin. You can hand over the chips; others need this one.

The tech industry is always full of imagination. Various rumors about Tesla's phone keep emerging, such as "Model Pi" and Starlink communication support. These conceptual design images are widely circulated online. But frankly, Tesla and Musk have never officially announced a phone product, nor have they provided a concrete launch plan. The release dates and feature specifications circulating on the internet are mostly fans' speculation or outright fabrications. What has Musk himself said? He acknowledged that Tesla has the technical capability to make a phone but clearly stated that it is not in the plans. His words roughly were: they would only consider making a phone as a "backup plan" in extreme cases like app store issues. As for those outrageous claims online—$299 price, Mars connectivity, blockchain mining—fact-checking organizations have confirmed all of them to be false. However, although these rumors are baseless, they reflect real industry trends. The technological directions mentioned in these online designs are quite interesting: Starlink satellite communication achieving global coverage, solar panels solving battery life issues, and seamless integration with automotive ecosystems through control systems. This logic aligns perfectly with Musk's "cross-industry integration" product philosophy. But reality is much more sobering. Currently, Starlink phones can only send and receive texts and handle emergency calls. Achieving high-speed internet faces technical bottlenecks and policy restrictions, and global seamless coverage is still a future goal. In fact, from Tesla's existing layout, we can see some clues. Their HarmonyOS-based app already supports remote vehicle control and digital keys, and human-machine interaction has long been implemented through existing devices. If they do launch a phone in the future, it will most likely focus on building an ecosystem closed loop around "people-vehicle-energy," rather than simply stacking functions together. In short, those phone rumors are just wild imagination at this point.