Pi Network News: BANXA Buys 30.5M Pi Coins, Bets on Growth
Elena R8 Apr 20252 min read
Global payments company BANXA has made a big splash by purchasing over 30.5 million Pi Coins, worth around $19 million. But this isn’t just another crypto deal—it’s a clear sign that major players are starting to take the Pi Network seriously as a future leader in digital payments.
With this move, BANXA now lets users buy Pi directly on its platform and send it straight to their wallets. This makes it much easier for users to access Pi, especially as the community keeps growing.
Pi Network’s Massive Growth
The Pi Network already has over 60 million users worldwide, but many believe its real value is still untapped. Experts say that if Pi can launch even a few real-world use cases, its price could rise quickly.
Unlike many other cryptocurrencies, Pi is built for mobile users, powered by a strong global community, and focused on everyday usefulness instead of just hype.
When Will the Mainnet Launch?
One major challenge Pi still faces is its closed ecosystem. Developers and businesses want to build apps and services on the network, but they’re waiting for the Open Mainnet to go live. This stage will make Pi fully decentralized and open to outside developers.
BANXA’s investment has sparked fresh calls from the Pi community, urging the Core Team to speed up the move toward a more open and accessible network.
Why This Matters for Crypto
BANXA’s purchase isn’t just about owning Pi—it’s a vote of confidence in the entire Pi Network. It shows that Pi is no longer just an experiment, but a growing digital economy with real-world potential.
By supporting direct purchases and improving infrastructure, BANXA is helping Pi shift from a mined-only coin to one that has real value in the market.
Pi Struggles to Break Out
Even with all the momentum, Pi Coin (PI) is still trading in a narrow range around $0.58. It recently tried to break above $0.60 but failed, and support at $0.55 is now under pressure.
Technical signals like the RSI and MACD show market indecision. Without a boost in trading volume or listings on more exchanges, Pi’s price could stay flat and miss the ongoing crypto rally.
Crypto analyst Moon Jeff believes Pi still has big potential. He says it could hit $3 by June, even though the wider crypto market is currently facing pressure
He blames global trade tensions for dragging prices down, including Pi. But once the market calms, he expects Pi to bounce back, break resistance levels, and head toward new highs. In his view, Pi’s future is full of opportunity.
It’s early days for Pi, but if the signs are right, we might be watching the rise of crypto’s next big story.
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