Jakarta, Pintu News – The Pi Network’s native cryptocurrency, Pi Coin, is attracting great attention as it continues to rise, with weekly spikes that have exceeded 30%. This bullish action comes after recent reports that the network has joined the ISO 20022 group, along with Ripple and Stellar.
As a result, optimistic investors (bulls) are again trying to break the price above $0.28, which if successful, could pave the way for a bigger rally ahead.
From a low of $0.19 last week, the Pi Network token has registered significant gains and is currently trading with a gain of over 30% on the weekly chart. With a 15% surge in just 24 hours on October 29, optimistic investors (bulls) are again trying to break the $0.28 level, which was previously an area of strong resistance.
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Technically, the chart shows that the price of Pi Coin has broken out of the consolidation zone and is again showing bullish momentum after bouncing off the support level at $0.23. The breakout from this resistance area signals a potential change in market structure in a more positive direction.
Crypto analyst Devid James noted that this latest breakout shows a stronger price floor, which reinforces the positive sentiment among traders. Nevertheless, the $0.3626 level remains an important resistance to watch. J
If the price is rejected at this point, there is likely to be a short-term correction that could bring the price back to test the support area at $0.23.
Pi Network has reportedly joined the ISO 20022 group, aligning with other leading digital assets that are already compliant with this standard, such as XRP and Stellar . The move is an important milestone in Pi’s integration into the global banking and payment system.
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This development has fueled bullish sentiment, which helped lift the Pi Coin price higher, supported by the reduced supply of Pi tokens on exchanges.
By adopting ISO 20022, Pi Network increases its compatibility with traditional financial systems. In addition, this move has the potential to facilitate smoother cross-border transactions, improve interoperability, and foster trust from financial institutions.
As more global banks turn to ISO 20022 to modernize their financial messaging systems, digital assets that are compliant with this standard are expected to have a competitive advantage in terms of regulatory adoption and utilization by institutions.
Furthermore, in the fourth quarter of 2025, Pi Network will roll out Protocol 23 updates on its mainnet, aiming to address scalability and transaction efficiency issues.
Additionally, over 3.36 million Pioneers have successfully completed the full KYC verification process after the implementation of the new process system. The update also enables the review of 4.76 million Tentative KYC cases, opening up opportunities for such users to complete the full KYC process.
An additional 3 million Pioneers with Tentative KYC cases can be unblocked by the newly released system process if they submit the required additional liveness checks in the app. So, if your KYC status is Tentative and the app requires you to conduct additional liveness checks,…
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