Pi Network has now surpassed 120 million downloads worldwide. The project, which was founded by Stanford PhDs, added 1.3 million new users in the past 30 days alone. With over 55 million active members, Pi Network’s mission to build an inclusive and accessible financial system continues to gain traction globally.
🚨#BREAKING Pi Network Surpasses 120 Million Downloads: A Global Movement Gaining Unstoppable Momentum
— Mr Spock 𝛑 (@MrSpockApe) May 5, 2025
In a world rapidly evolving toward decentralized finance and digital inclusion, one project stands out as a beacon of hope and innovation — Pi Network. As of today, Pi Network… pic.twitter.com/KKbbYdjiuf
The sharp growth in downloads reflects rising public interest in alternative financial systems, especially in emerging markets where access to traditional banking remains limited. As decentralized applications gain mainstream attention, Pi Network appears to be positioning itself as a leading player in mobile-first crypto adoption.
Banxa Approved to Sell Pi Coin Worldwide
In a major development for Pi Coin’s liquidity and accessibility, Banxa has received Know Your Business (K.Y.B) approval to sell Pi Coin globally. This approval marks a turning point, as it opens doors for both institutional and retail investors to buy and sell PI on a broader scale.
Reports suggest Banxa previously acquired more than $30 million worth of Pi Coin and is now preparing to distribute it internationally. This move could significantly improve Pi Coin’s market reach and credibility, especially as many users await the full launch of the Pi mainnet.
Pi Coin Struggles to Break Price Stagnation
Despite impressive user growth and key regulatory breakthroughs, Pi Coin’s price remains subdued. Currently trading just above $0.58, the token has been in consolidation for over 40 days. Technical indicators remain bearish — PI is trading below its 10, 20, and 50-day moving averages, with a Relative Strength Index (RSI) near 40 and a neutral MACD.
To regain bullish momentum, Pi Coin must reclaim the $0.60–$0.62 zone with convincing volume. Until then, traders appear cautious, especially as major token unlocks add further downward pressure.
Still, Pi’s core community remains optimistic. While short-term price fluctuations dominate headlines, many supporters believe that the long-term vision of a fair and decentralized financial ecosystem will ultimately drive lasting value.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Pi Network Faces Bearish Outlook as $139M Token Unlocks Threaten PI Price Stability
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