Pi Network News: BANXA Buys 30.5M Pi Coins, Signals Major Crypto Shift

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Global payments giant BANXA has just made a bold move—buying over 30.5 million Pi Coins, worth roughly $19 million. This isn’t just another crypto trade. It’s a clear sign that big players are beginning to take the Pi Network seriously as a future leader in the digital payments world. With this purchase, BANXA now allows users to buy Pi directly through its platform and send it straight to their wallets, making access much easier for the growing Pi community.

Pi’s Comeback Possible?

The Pi Network already has more than 60 million users worldwide, but many believe the coin’s true value is just getting started. Market observers say if Pi introduces even a handful of real-world use cases, the value of the coin could skyrocket. Unlike traditional cryptocurrencies, Pi is mobile-first, community-powered, and focused on real utility instead of hype.

Patches on the Road..

One big hurdle Pi still faces is its closed ecosystem. Developers, creators, and businesses want more freedom to build apps and services on the network, but they’re waiting for the Open Mainnet to launch. That’s the stage where Pi becomes fully decentralized and available to outside developers. The BANXA acquisition has reignited calls from the community urging the Core Team to move faster toward openness.

Why This Matters for Crypto

BANXA’s huge investment isn’t just about buying Pi mainly, it’s about backing the entire Pi ecosystem. It sends a strong signal to the rest of the crypto world and a hint that Pi is no longer just an experiment; it’s becoming a real digital economy. By supporting direct purchases and adding infrastructure, BANXA is helping transform Pi from a mined-only coin into one with real market value.

Pi Current Sentiment

On the price front, Pi Coin (PI) is still stuck in a tight range, trading around $0.58 and showing weak momentum. It recently tried to break above $0.60 but failed, and support at $0.55 is now being tested. Despite a few price spikes, bulls are losing steam, and technical indicators like RSI and MACD suggest indecision. Without strong volume or wider exchange access, Pi’s price may stay flat and miss out on the broader crypto rally.

However, Crypto analyst Moon Jeff says Pi Coin could reach $3 by June, even though the whole crypto market is struggling right now. He believes global trade tensions are pulling prices down, including Pi. But once things settle, he expects Pi to bounce back hard, break resistance levels, and aim for new highs. According to him, Pi’s future is full of possibilities.