Bitaigen Research Pi Network (PI) Returns to the Spotlight in Late October 2025
Pi Network’s token made a strong comeback after several months of stagnation, briefly reaching a high of $0.29 and sparking widespread speculation about its future trajectory.
The project is approaching a critical juncture: it plans to integrate the ISO 20022 standard on November 22, and millions of users continue migrating to the mainnet. This community‑driven cryptocurrency experiment is therefore entering a decisive phase.
From the perspectives of technical implementation, community activity, and the upcoming ISO 20022 compatibility, we provide an in‑depth analysis of Pi Network’s recent market performance. We assess whether the token has the potential to break through a key price barrier in the coming weeks, helping readers capture possible trend directions. Continue reading for the full details.
Pi Coin (PI)
PiCoin (PI) is the world’s first mobile cryptocurrency that supports solo‑account mining. It aims to dismantle the barriers between centralized digital currencies and traditional banking systems, allowing anyone to mine and hold crypto assets directly from a mobile app.
Although the token has not yet been listed on public exchanges, Pi has already gained broad recognition for its frictionless mining method. The mining process is as follows:
- Download the Pi app.
- Join using an invitation code from a trusted member.
- Open the app once every 24 hours and tap the lightning bolt button to complete a mining cycle.
The project also offers several acceleration methods. Early adopters enjoy higher reward rates, and inviting new users yields a 25 % bonus.
According to the whitepaper, PiCoin is a secure, tamper‑proof, decentralized cryptocurrency that does not require massive electricity consumption, giving it an environmentally friendly profile. Its value is tied to scarcity, with periodic halving of mining rewards to control inflation.
PiCoin Basic Information
| Item | Details |
|------|---------|
| Name | Pi Network |
| Token | PI |
| Ticker | PI |
| Founders | Nicolas Kokkalis, Fan Chengdiao |
| Founded | 2018 |
| Launch Date | February 20 2025 |
| Maximum Supply | 100,000,000,000 PI |
| Circulating Supply | 6,953,449,260.4 PI |
| Underlying Technology | Blockchain |
| Consensus Mechanism | Stellar Consensus Protocol (SCP) |
| Mining Eligibility | Mining eligibility granted to verified users |
Pi Ecosystem
1. Fireside Forum – Pi Network’s Social Platform
On May 31, Pi Network announced plans to launch Fireside Forum, a Web3 community platform where users can vote on content with Pi tokens to reward high‑quality creators. The platform will also enable KYC‑verified users to purchase Pi directly.
Some community members have expressed reservations. A few pointed out that certain KYC applications have remained in “pending review” for years, arguing that releasing new products before resolving KYC bottlenecks may be premature.
2. Pi Open Source (PiOS) and the Pi2Day Art Festival
Beyond new features, the community looks forward to the Pi2Day Art Festival on June 28 and the upcoming Pi Open Source License (PiOS) slated for release on July 12.
3. Pi Wallet
The Pi Wallet was introduced in early 2021 to store PI earned on the network. It remains in a testing phase, with transaction confirmation times of roughly 8 seconds.
Note: The test wallet is for experimental purposes only and cannot yet be used for real‑world PI transactions.
4. Pi Nodes
Users may choose to operate a PI node, which validates transactions. If the public mainnet launches and the token lists on exchanges, node operators will receive a share of transaction fees. Running a node requires a modest amount of electricity; to date, more than 12,000 active nodes have been reported.
5. Pi Browser
The Pi Browser aims to provide an open, direct platform for Pi‑related utilities, offering developers a convenient environment to build, test, and deploy a variety of applications on the Pi ecosystem.
Current Market Performance: Strong Rebound Yet Facing Resistance
As of October 30, Pi Network (PI) traded on the Gate exchange around $0.26, down 3.68 % over the past 24 hours. This pull‑back followed a vigorous rally that lifted the price from the early‑October yearly low of $0.167 to a peak of $0.297, a short‑term gain of over 70 %.
- Resistance & Support: The $0.28‑$0.30 band now acts as a key resistance zone; the $0.20‑$0.23 range offers strong support.
- Volume Surge: During the price surge, daily trading volume spiked above $114 million, an increase of roughly 1,000 %.
- Market Rank: Pi Network’s market capitalization sits at approximately $2.116 billion, ranking #63 globally, indicating a respectable level of market influence.
Technical charts show that Pi is forming a consolidation pattern near $0.26, potentially accumulating energy for the next move.
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Bullish Catalysts: Community Momentum and Technical Upgrades
Massive User Base
Pi Network’s greatest asset is its over 35 million‑strong community, a rarity in the crypto space that provides a solid foundation for network effects. Nearly 7 million users have completed verification and migrated to the mainnet; in the past week, an additional 2.7 million made the transition, further reducing the circulating supply. This voluntary migration reflects a high degree of community commitment and supplies tangible backing for Pi’s value proposition.
ISO 20022 Compliance
Pi Network plans to complete ISO 20022 integration on November 22. This international standard is widely adopted by global banks and payment infrastructures to enable unified, transparent cross‑border transfers. Successful integration would place Pi alongside payment‑focused projects such as XRP and Stellar, building a bridge between traditional finance and the crypto ecosystem.
Technical Upgrades & Ecosystem Expansion
The project is advancing the Protocol 23 mainnet upgrade, targeted for completion before the end of 2025 to support forthcoming features. The testnet already hosts a decentralized exchange (DEX) and automated market maker (AMM) liquidity pools, signalling an active push toward a DeFi ecosystem and expanding potential use cases.
Risk Factors: Challenges That Could Impede Price Gains
Token Unlock Pressure
In the coming months, Pi will experience a sizable token release. Estimates suggest that roughly 121.5 million PI (about 2.39 % of the currently locked supply) will unlock soon. The largest scheduled unlock is expected around November 15, releasing over 5.7 million PI, valued at approximately $1.5 million at current prices. A rapid sell‑off could exert downward pressure on the market. Looking further ahead, about 1.27 billion PI are slated for release over the next twelve months—far exceeding the current circulating supply—creating a persistent inflation risk.
Overheated Technical Indicators
From a technical analysis standpoint, the recent rally shows signs of overbought conditions. Both the Relative Strength Index (RSI) and Stochastic Oscillator have entered high zones, suggesting that upward momentum may be waning. The SuperTrend indicator issued a short‑term “sell” signal near $0.271, reinforcing the presence of strong resistance at that level.
Real‑World Adoption & Regulatory Hurdles
Despite its large community, Pi remains in the early stages of real‑world adoption. Ecosystem growth is relatively slow, the number of listed exchanges is limited, and concrete use‑case deployments are scarce—factors that could cap its valuation upside. On the regulatory front, while no major legal disputes have surfaced as of 2025, the U.S. SEC’s scrutiny of similar projects indicates that regulatory risk is an ever‑present consideration.
Tax reminder: Crypto gains may be taxable in your jurisdiction. Consult a tax professional to understand your obligations.
Price Outlook: Multi‑Dimensional Forecasts
Short‑Term Outlook (End of 2025)
Pi’s year‑end trajectory will hinge on whether it can defend the $0.262‑$0.232 support zone.
- Bullish Scenario: If buying pressure holds the support and the price breaks through the $0.30 resistance, the next target could lie in the $0.33‑$0.36 range. This outcome would require a combination of overall crypto market optimism and project‑specific positive developments.
- Bearish Scenario: Should support crumble and market sentiment turn negative, the price may retreat to the $0.20‑$0.23 band, retesting earlier lows. Large‑scale token unlocks and a broader market downturn would exacerbate this move.
Medium‑Term Outlook (2026)
Most analysts adopt a cautious stance for 2026, projecting Pi to stabilize around $0.19‑$0.21. This range reflects the time needed for the ecosystem to mature, forge partnerships, and increase genuine utility. If the roadmap proceeds as planned—particularly the launch of an open mainnet, deeper DeFi integration, and cross‑border payment adoption—there could be room for modest upside.
Trading Strategies: Practical Approaches for a Volatile Market
Day Traders
- Buy at Support: Initiate long positions around $0.24‑$0.25, placing stop‑loss orders just below $0.23.
- Take Profits at Resistance: Reduce exposure in the $0.28‑$0.30 resistance zone, especially if momentum shows signs of weakening.
- Breakout Play: If the price decisively breaches $0.30 with expanding volume, consider a continuation long, targeting $0.33‑$0.36.
Long‑Term Investors
- Dollar‑Cost Averaging (DCA): Given the token’s volatility, staggered purchases are generally safer than a single lump‑sum entry.
- Fundamental Focus: Monitor whether the project delivers on its technical roadmap, achieves real‑world use cases, and constructs a sustainable tokenomics model—these are the pillars of long‑term value.
- Risk Management: Only allocate capital you can afford to lose, as the project still faces scalability challenges and regulatory uncertainty.
Future Outlook
Pi Network’s prospects largely depend on converting its massive community advantage into tangible technological applications. The ISO 20022 integration and the mainnet upgrade slated for November are the most immediate litmus tests.
The $0.30 price level is more than a chart pattern; it represents a psychological divide for market confidence. A breakthrough could ignite a fresh wave of buying, while defending the $0.20‑$0.23 support zone remains essential for sustaining a short‑term bullish narrative.
This concludes the analysis. For further deep‑dives into Pi’s price dynamics, you can search for past articles by Bitaigen (比特根) or continue reading the related content below. We appreciate your continued attention and support for Bitaigen!
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⚠️ Risk Disclaimer: Crypto prices are highly volatile. This is not investment advice.
