Highlights
Pi Network’s native cryptocurrency, Pi Coin, is getting major attention with a continued rally upwards, extending its weekly gains to more than 30%. This bullish action comes following the latest reports that the network has joined the ISO 20022 group, along with Ripple and Stellar. As a result, the bulls are once again attempting a breakout past $0.28, which will set the stage for a greater rally ahead.
From the lows of $0.19 last week, the Pi Network token has staged significant gains and is currently trading up more than 30% on the weekly chart. With 15% upside in the last 24 hours, bulls are making yet another attempt to move past the $0.28 levels, where it faced earlier resistance.
Technical charts show that the Pi coin price has broken out of the consolidation zone, and has renewed bullish momentum after rebounding once again from the $0.23 support level. Thus, the breakout from this resistance signals a potential shift in market structure toward the upside.
Crypto analyst Devid James noted that the recent breakout suggests growing strength in the price floor, reinforcing bullish sentiment among traders. However, the $0.3626 level remains a critical resistance to watch. A rejection at this point could trigger a short-term pullback, potentially revisiting the $0.23 support area.
Pi Network has reportedly joined the ISO 20022 group, aligning itself with leading compliant digital assets such as XRP and Stellar (XLM). The move marks a major step toward integrating Pi with global banking and payment standards. The development surrounding this has activated the bulls and pushed Pi coin price even higher, supported by Pi tokens exiting the exchanges.
By adopting ISO 20022, Pi Network enhances its compatibility with traditional financial systems. Besides, it will potentially enable smoother cross-border transactions, improved interoperability, and greater institutional trust.
Global banks have increasingly transitioned to ISO 20022 to modernize their financial messaging frameworks. Thus, with digital assets aligning with the standard, they are expected to gain a competitive edge in regulatory adoption and institutional use cases.
Furthermore, in Q4 2025, the Protocol 23 upgrade will be coming to the Pi Network mainnet while addressing the issues of scalability and transaction efficiency.
Additionally, more than 3.36 million additional Pioneers have successfully completed full KYC verification following the rollout of a new system process. The update enabled further review of 4.76 million Tentative KYC cases, allowing those users to qualify for full KYC completion.
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