Pi Coin extended its rally by gaining 15% in 24 hours and 30% over the past week. The surge follows Pi Network’s confirmation of joining the ISO 20022 group, boosting market sentiment.
Pi Coin rose sharply from $0.19 to $0.28 this week, breaking through previous resistance. The price now targets higher zones as bullish sentiment continues to grow.
The coin gained 15% in the last 24 hours alone, bolstering its weekly uptrend. Technical indicators confirm the upward breakout from the earlier consolidation range.
The price rebounded from $0.23, suggesting strong buyer interest at that level. Analysts observed renewed activity supporting the bullish movement.
Pi Coin’s price has shown resilience, sustaining gains above $0.25. The breakout past $0.28 reflects a shift in short-term market structure.
Crypto analyst Devid James said, “The bounce from support and recent breakout confirm a stronger price floor for Pi Coin.” Traders are watching the $0.3626 resistance.
The next challenge remains this key level, where rejection may pull Pi Coin back toward the $0.23 support. Bulls are holding firm.
Pi Network joined the ISO 20022 messaging standard group alongside Ripple and Stellar. This step boosts its compatibility with global financial systems.
The ISO 20022 framework enables modern cross-border transaction protocols. Pi Network aims to align with institutions transitioning to this model.
The move positions Pi Network closer to regulatory and institutional expectations. Many banks are adopting ISO 20022 to upgrade transaction messaging systems.
By supporting ISO 20022, Pi Network strengthens trust for future banking integration. The market reacted quickly with strong Pi Coin buying activity.
“Pi Network’s ISO 20022 participation boosts interoperability and institutional confidence,” said industry sources following the development. Traders welcomed the update.
Tokens leaving exchanges indicate reduced selling pressure and greater long-term holding. This further supported the price move.
Pi Network confirmed its Protocol 23 upgrade will go live in Q4 2025. This update will address scalability and improve transaction performance.
The upgrade is expected to optimize mainnet efficiency. It aligns with Pi Network’s roadmap for better technical infrastructure.
At the same time, KYC verification efforts expanded. Over 3.36 million new Pioneers completed full KYC through the updated system.
The system also enabled checks on 4.76 million pending KYC cases. Many of them have now completed the full verification process.
The growing base of verified users adds stability to Pi Network’s ecosystem. It reflects continued platform growth and operational scaling.
These updates contribute to rising confidence in the project. Pi Coin price continues to reflect this momentum.
As of today, Pi Coin is trading near $0.28. Traders are now monitoring the $0.3626 resistance level for the next price move.
Maxwell is a crypto-economic analyst and blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
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