Pi Network News: BANXA Acquires 30.5 Million Pi Coins, Signaling a Major Shift in the Crypto Landscape

In a striking move that’s turning heads across the crypto industry, global payment powerhouse BANXA has purchased over 30.5 million Pi Coins, valued at approximately $19 million USD. This isn’t just another crypto transaction—it’s a clear signal that institutional players are beginning to take Pi Network seriously as a future leader in digital payments.

With this acquisition, BANXA now allows users to directly purchase Pi via its platform, sending it straight to their wallets. This significantly improves access for the rapidly growing Pi community and adds major credibility to Pi’s ecosystem.

BANXA’s acquisition of over 30.5 million Pi Coins marks a strong institutional vote of confidence in Pi Network’s future.
#PiNetwork #Banxa

Could This Spark a Pi Revival?

With over 60 million users globally, Pi Network already boasts a massive community. Yet, many believe the token’s true value is only beginning to emerge. Market observers suggest that even the introduction of a few real-world use cases could lead to a significant surge in Pi’s value.

Unlike traditional cryptocurrencies, Pi is mobile-first, community-driven, and focused on real utility rather than hype. This differentiates it from many speculative projects in the crypto world.

Roadblocks Ahead

One of Pi’s main challenges remains its closed ecosystem. Developers, creators, and businesses are eager to build applications and services on the network, but they’re awaiting the launch of the open mainnet—a crucial step toward full decentralization and open access.

BANXA’s recent move has reignited calls within the community, urging the core team to accelerate the transition to a truly open platform.

Why This Matters for Crypto

BANXA’s massive investment goes beyond just buying Pi—it’s a vote of support for the entire Pi ecosystem. It sends a powerful message to the broader crypto world: Pi is no longer just an experiment. It’s emerging as a real player in the digital economy.

By enabling direct purchases and improving infrastructure, BANXA is helping transform Pi from a mining-only coin into one with tangible market value and real-world usability.

Current Market Sentiment

As of now, Pi Coin (PI) is trading in a narrow range, around $0.58, struggling to break above $0.60 and testing the $0.55 support level. Despite previous surges, bullish momentum appears to be fading, with technical indicators like RSI and MACD showing uncertainty.

Without significant trading volume or broader exchange listings, Pi’s price may remain stagnant—missing out on the broader crypto rally.

However, crypto analyst Moon Jeff remains optimistic, predicting Pi could hit $3 by June. He believes global trade tensions are weighing down prices, including Pi’s, but expects a strong rebound once the situation stabilizes.

“$PI to reach $3 by June. The whole market is crashing, and so is $PI. But once the trade wars are over, I expect it to start breaking all resistance until a new all-time high. The potential of $PI is limitless.” — Moon Jeff