Pi Network, the mobile-first cryptocurrency project with over 50 million users, continues to navigate a mix of ecosystem advancements, price volatility, and community debates. Recent highlights include protocol upgrades for regulatory compliance and bullish price momentum amid broader crypto recovery. Here’s a breakdown of the top developments from the past week.
Pi Joins ISO 20022 for Global Financial Integration.
Pi Network announced plans to align with the ISO 20022 standard, positioning it alongside established players like Ripple (XRP) and Stellar (XLM) for seamless cross-border payments. The upgrade, rolling out in three phases by November 2025, will enhance interoperability with systems like SWIFT, enabling faster, cheaper international transfers and boosting real-world utility for remittances in emerging markets.
A recently released system process, which conducts additional checks on Tentative KYC cases, has made over 4.76 million Pioneers eligible for full KYC completion; subsequently, over 3.36 million have now fully passed. This is major achievement for Pioneers for migration of Pi Tokens.
PI token climbed 16% in the last 24 hours to test $0.29 resistance, rejecting a 12% intraday drop on October 27 amid KYC progress and token unlocks. A bullish MACD crossover on the daily chart signals potential breakout from a falling channel, with investors withdrawing millions from exchanges post-KYC breakthroughs.
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