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Jakarta, Pintu News – The price of 1 Pi Network (PI) in Indonesia today, September 30, 2025, is recorded at around IDR 4,480 (equivalent to $0.2676). This price movement occurred amidst public scrutiny of the Pi Network project, not only due to crypto market fluctuations, but also internal issues that have surfaced again.
Recently, Pi Network’s founder’s marriage scandal was brought up again after old lawsuits from former executives resurfaced online, raising questions about the cryptocurrency’s transparency, governance, and future direction.
The price of Pi Network (PI) on the daily chart shows a fairly volatile movement within a narrow range. At the beginning of the period, the price had weakened with several consecutive red candlesticks signaling selling pressure. However, towards the evening, a buying impulse began to appear so that the price had risen to break the $0.2700 level.
After the increase, the market was again characterized by volatility with profit taking seen from the next red candlestick. However, the selling pressure was not too great as several green candlesticks helped keep the price stable in the $0.2660-$0.2710 range.
Towards the end of the period, the price moved flat again around $0.2677, showing a balance between buying and selling pressure. This suggests that the market is waiting for a new catalyst to determine the next direction of movement.
Overall, despite the decline, the rebound attempt and the majority bullish community sentiment (88% compared to 12% bearish) are positive signals that the Pi price has the potential to remain above the psychological level of $0.2650 in the short term.
Also read: 3 Free Crypto Airdrops in October 2025
Pi Network (PI), one of the blockchain projects that is often referred to as the largest community movement in the crypto world, is back in the public spotlight. An old issue related to a lawsuit from a former executive named McPhilip in 2020 has resurfaced and is being discussed on social media.
A case that briefly focused on the internal conflict between two of Pi Network’s founders, Dr. Nicolas Kokkalis and Fan, raised serious questions about the project’s transparency, governance, and leadership.
Although most of the suits have been dismissed in 2023 and subsequently settled without admission of wrongdoing, the public is again questioning Pi Network’s credibility amid the growth of the global cryptocurrency ecosystem.
In the much-discussed court documents, McPhilip alleges that the personal conflict between Kokkalis and Fan-who is known to be a married couple-affected the working atmosphere at Pi Network.
He claims that domestic disputes often carry over into the professional sphere, even leading to loud arguments and alleged physical confrontations. This condition, according to him, makes the company’s focus split, because the time that should be used to develop strategies is instead consumed to ease internal tensions.
Furthermore, McPhilip stated that the conflict directly weakened his ability to lead. He said that he ended up handling debates more often than driving the growth of Pi as a new cryptocurrency.
Another allegation is that he was locked out of access to company assets and excluded from important decision-making processes. This raises concerns about how Pi Network manages an organization and resources involving millions of users worldwide.
Read also: How Will HBAR Price Move in October 2025?
In addition to personal conflicts, McPhilip’s lawsuit also touches on the issue of share ownership. He accused Pi Network of deliberately diluting its shares by issuing new shares at a much lower valuation than its previous valuation. According to him, the move unfairly reduced the ownership he had built up since the project’s inception.
McPhilip highlighted that previously Pi Network managed to raise millions of US dollars (around Rp167.45 billion) in funding through the SAFEs (Simple Agreement for Future Equity) scheme. Therefore, he considers the policy of lowering valuations as an unhealthy practice.
Criticism from outsiders has also emerged, saying that disputes like this signal a lack of governance within blockchain projects, especially those that manage large funds from investors and the global crypto community.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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1. Mormons raise $200,000 for family of gunman who attacked their church  The Washington Post
2. Michigan church attacker’s ties to Utah  KSL TV 5
3. Teen blew nose before Grand Blanc church attack. It maybe saved his life. Then he helped save family  ClickOnDetroit | WDIV Local 4
4. Grand Blanc LDS shooter had tense interaction with another local church one week earlier  Detroit Free Press
5. Community rallies behind family who lost loved one in Michigan church attack  CBS News

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Best Crypto to Buy Now: XRP, Pepe and Pi on Watch  Cryptonews
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Bitcoin Miners' Market Cap Soared in September to Record High
$117,851.00
$4,317.20
$2.93
$1,021.51
$219.70
$0.999706
$0.246337
$4,315.45
$0.341402
$0.842175
$5,246.82
$4,657.19
$22.39
$117,476.00
$1.001
$1.042
$30.57
$47.06
$3.50
$0.392266
$589.08
$4,653.58
$4,319.32
$0.222271
$9.57
$112.47
$1.00
$1.00
$117,912.00
$0.00001233
$0.203852
$1.001
$2.78
$4.10
$43.02
$1.89
$1.20
$313.32
$0.208491
$8.01
$283.96
$0.00000972
$190.00
$0.574883
$2.22
$5.28
$2.82
$4.80
$270.87
$16.04
$317.07
$19.30
$0.925618
$1.31
$236.08
$8.78
$1.00
$0.999898
$1.60
$4,316.05
$0.00714781
$0.238407
$0.999661
$4.45
$0.433948
$5.73
$1.069
$0.270636
$0.079274
$15.46
$0.02303307
$0.03138963
$120.05
$16.36
$0.02636015
$4.11
$0.220278
$4,941.68
$4,556.04
$47.33
$3.53
$1.001
$0.2964
$0.03597823
$0.999352
$0.947313
$0.999457
$0.07103
$4,553.45
$2.29
$0.00002046
$4,663.35
$0.588769
$103.98
$7.57
$12.66
$0.459652
$3,855.33
$117,703.00
$4,573.99
$0.696562
$0.075247
$1,021.36
$1.26
$0.700351
$12.54
$117,473.00
$1.44
$3,871.18
$0.999811
$250.62
$1.13
$4,650.43
$0.602634
$0.998577
$1.19
$0.27887
$1.11
$0.724042
$291.48
$1.08
$117,694.00
$0.154356
$0.155959
$0.08457
$2.57
$114,092.00
$2.02
$4,128.87
$0.00008431
$4.78
$0.999767
$0.148203
$0.761604
$2.83
$4,320.55
$0.287509
$117,360.00
$0.699683
$1.43
$0.728606
$112.77
$0.176976
$0.999856
$1.076
$0.01535541
$20.97
$1.096
$4,314.06
$0.998091
$0.276938
$0.15685
$0.00832652
$4,315.89
$4,623.79
$10.84
$0.407779
$0.05218
$0.6344
$0.01304257
$0.246288
$4,318.88
$11.01
$1.64
$1.82
$4,656.93
$0.403003
$0.369532
$0.606202
$0.0000006
$2.77
$0.080139
$0.304552
$4,748.99
$4,755.87
$1.49
$0.998586
$1.32
$117,771.00
$4,647.51
$37.46
$0.113
$26.37
$1.041
$1.003
$47.22
$0.01624704
$6.47
$0.999458
$0.02541012
$2.60
$30.56
$0.611239
$4,316.97
$243.40
$4,291.76
$1.001
$0.200584
$0.999706
$2,398.72
$0.588793
$0.406726
$0.135798
$1.31
$0.557737
$0.04440464
$0.999803
$0.04346219
$0.00000043
$1.10
$6.05
$0.00830864
$1.20
$42.76
$1.10
$0.02655485
$0.998268
$47.04
$1.043
$150.94
$0.00663319
$0.392068
$0.01130852
$0.054285
$4,555.40
$0.00421975
$13.60
$1.17
$5.90
$117,988.00
$5,263.61
$0.602698
$1,076.67
$29.86
$2.22
$0.261978
$2.88
$243.21
$0.00001828
$0.998853
$22.08
$0.00413956
$1.22
$0.327613
$0.999667
$4,332.94
$1.45
$0.941904
The market cap of Bitcoin miners soared in September as firms in the space benefited from pivots to high-powered computing that feeds the burgeoning artificial intelligence sector, according to a report from JP Morgan.  
Analysts at the banking giant highlighted the surge in a Wednesday report, noting that the combined value of the 14 top publicly traded miners it tracks passed $50 billion for the first time ever. 
Top mining stocks this week have jumped in value with the price of the leading cryptocurrency, too, with Mara, Riot, and CleanSpark all up significantly over the week—and the past month. Those firms retreated slightly on Wednesday. 
"Growth in aggregate market cap outpaced bitcoin price appreciation for the sixth consecutive month, as operators continue to diversify their businesses away from bitcoin mining towards HPC," the report read. 
The surge in market cap comes as miners look to high-powered computing to increase profits. Google last month announced it was backstopping a deal between AI compute company Fluidstack and Bitcoin miner Cipher, giving Google the right to buy a 5.4% stake in Cipher.
Bitcoin miners—typically industrial operations consisting of warehouses full of computers that work to secure the network—are rewarded in newly minted coins for processing blocks on the decentralized payment network. 
But when the price of the biggest cryptocurrency drops, businesses may struggle to cover their costs. 
Experts have told Decrypt that while both Bitcoin mining and running a data center to power AI businesses may appear similar, the pivot from crypto to HPC isn't always easy and requires different expertise. 

HIVE Digital's stock is up nearly 9% over the past week, and has surged by 41% over the past month. Nasdaq-listed MARA has jumped by 8% this week and nearly 16% over a 30-day period. 
CleanSpark, meanwhile, has spiked more over the past month, with its share price up over 51% over that period. This week, CLSK has risen by 4%. 
Bitcoin was recently trading above $117,615, a nearly 3% 24-hour rise. It dropped below $107,000 per coin at the start of September, CoinGecko data shows. 
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XRP Jumps to $2.95 as Japan’s SBI Launches Lending  Cryptonews
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The XRP ETF (NASDAQ:XRPI) closed at $17.84, up 3.24%, after moving between $16.38 and $19.08 in September. Assets under management stand at $200.66 million, with an expense ratio of 0.94% (waived from the full 1.15% until June 2026). Unlike spot ETFs, XRPI is tied to CME XRP futures contracts, meaning performance lags XRP-USD when the curve is in contango. Year-to-date, XRPI’s return remains 0%, sharply underperforming the 58.32% one-year gain for the broader Digital Assets ETF category.
This structural gap mirrors the BITO vs. IBIT split in the Bitcoin ETF market: futures ETFs consistently trail spot counterparts. For XRPI, the difference is already material given XRP’s 450% surge over 12 months, largely driven by December 2024’s rally. Futures exposure limits that upside and creates drag through contract roll. Still, XRPI offers listed options trading, allowing investors to use covered calls or protective puts, a critical tool in a market where XRP’s weekly ranges have spanned $2.71 to $2.98 with intraday swings of more than 5%.
The REX-Osprey™ XRP ETF (XRPR) has emerged as the more liquid choice for U.S. traders. XRPR closed at $24.45, gaining 3.43% on the day, with an additional +5.34% after hours to $24.32. The fund’s 52-week range is $22.31–$25.99, showing resilience near the top end of its band. Trading volume was 254,619 shares, still below the 612,577 average, but inflows have accelerated in sync with rising Bitcoin ETF inflows ($430M on Sept. 30), as institutional allocators increasingly treat XRP ETFs as the logical “next leg” in crypto diversification.
Unlike XRPI, XRPR positions closer to a spot-tracking structure, offering more direct exposure to XRP’s price. The spread between the two funds is now drawing arbitrage activity, with traders noting XRPR’s stronger response to whale wallet accumulation — more than 120 million XRP moved into large wallets in the past 72 hours, boosting sentiment.
A pivotal development came on Sept. 30, 2025, when the SEC’s Division of Investment Management issued a no-action letter, allowing qualified custodians like Coinbase and BitGo to be treated as banks for digital asset custody. For XRP ETFs, this eliminated one of the final institutional barriers: custody risk.
At the same time, seven spot XRP ETF applications (Grayscale, Bitwise, WisdomTree, 21Shares, Canary Capital, Franklin Templeton, CoinShares) were reshuffled after the SEC asked issuers to withdraw Form 19b-4 filings. Rather than delays, this signaled a pivot to Generic Listing Standards (GLS), allowing faster approvals. With deadlines starting Oct. 18 (Grayscale) and extending into November, the market is bracing for simultaneous spot XRP ETF launches. Bloomberg analysts now assign a 95% probability of approval, while prediction markets price it around 80–88% odds.
Ripple’s ecosystem is adding fuel to ETF demand. On Sept. 29, Ripple partner Thunes linked its Pay-to-Banks service to the SWIFT network, instantly extending XRP liquidity to more than 11,000 banks. The next day, Ripple rolled out its RLUSD stablecoin in Africa with Chipper Cash, VALR, and Yellow Card, targeting remittance corridors. Major exchanges including Kraken, Gemini, Bybit, Uphold, and Bitso already list RLUSD pairs, embedding XRP liquidity in tokenized Treasury markets via BlackRock’s BUIDL and VanEck’s VBILL funds.
In Japan, SBI Ripple Asia signed a memorandum with Tobu Top Tours to build an XRP Ledger-based tourism payment system, slated for 2026, adding an NFT and tokenized payments angle. These developments give XRP ETFs a broader macro narrative beyond speculation: embedded settlement rails and stablecoin linkages.
Ripple’s long-time CTO David Schwartz announced his departure by year-end, shifting into an advisory board role. While leadership exits often spook markets, XRP-USD held firm around $2.85–2.94, with Ripple’s President Monica Long highlighting his ongoing influence. CEO Brad Garlinghouse even noted Schwartz’s new board seat gave him “the boss role now.” Market reaction was muted, with only a brief 3% spike toward $2.94, confirming resilience in investor confidence.
XRP-USD trades at $2.85, holding above a $2.71 weekly low and repeatedly testing $2.92–2.93 resistance. A break above $3.00 would open targets at $3.20 and the 2018 all-time high at $3.66, while failure below $2.80 could see a retrace toward $2.50. Futures open interest on CME has already crossed $1 billion, reinforcing institutional adoption. Analysts expect ETF inflows of $4–8 billion in the first month could reprice XRP into the $5–7 range, with more aggressive projections (Kenny Nguyen, Canary Capital) eyeing $22–50 if demand mirrors Bitcoin ETF dynamics.
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Winning numbers drawn in Tuesday’s Indiana Daily 3 Evening  Stamford Advocate
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Winning numbers drawn in Tuesday’s North Carolina Cash 5  Norwalk Hour
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