Pi price is hovering around $0.25 after a slight decline in the past 24 hours, reflecting the broader market’s bearish trend. Despite the pressure, the token continues to defend its key support zone, showing resilience after an impressive rally last week. The token had surged nearly 30% amid optimism surrounding its new developments, making it one of the top-performing altcoins in the recent period.
The coin;s integration with the ISO 20022 standard has significantly boosted investor confidence. This global financial messaging framework is recognized by leading banks and payment systems, and Pi’s inclusion marks a crucial milestone for institutional credibility.
Market experts suggest that the move could help the token attract partnerships and strengthen its role in bridging digital assets with traditional finance. Although the recent dip followed broader crypto corrections, sentiment around Pi remains largely positive as long-term investors focus on its expanding ecosystem.
Pi Network Ventures has announced its first major investment in OpenMind, a Silicon Valley-based firm developing OM1 an open-source operating system and protocol for robotics.
This partnership will allow node operators to contribute computing power for AI and robotics projects while earning rewards in tokens. The initiative highlights Altcoin's vision to support real-world applications that enhance blockchain’s practical utility.
Through this collaboration, the project aims to merge decentralized computing with artificial intelligence, creating new opportunities for developers and users. Industry analysts view this as a bold step toward making the token ecosystem more versatile and valuable beyond its payment functions.
From a technical perspective, the price appears to be forming a tightening pattern that often precedes a breakout. Meanwhile, recent volatility was amplified by the U.S. Federal Reserve’s 25-basis-point rate cut and cautious remarks from Chair Powell regarding inflation risks.
Although short-term fluctuations persist, rising trading volumes and strong community momentum suggest that Network could be preparing for another bullish phase once the market stabilizes.
At the time of writing, the Network is trading at $0.25, marking a slight 1.39% decline in the last four hours. The recent pullback follows a brief rally that tested resistance near $0.30, a key psychological and technical barrier.
The Relative Strength Index (RSI) stands at 55.45, hovering in neutral territory after easing from overbought conditions near 70.
Meanwhile, the Average Directional Index (ADX) reads 52.07, reflecting a strong trend presence, though it may be losing strength as volatility compresses.
Looking ahead, immediate resistance is seen at $0.30, with a stronger ceiling near $0.35. A decisive break above these levels could set the stage for a short-term push toward $0.40. On the downside, sustained weakness below $0.25 might lead to a retest of the $0.20 support zone, potentially triggering increased selling pressure.
Frank Bevah is a seasoned crypto and finance journalist with over five years of experience in the industry. He is widely recognized for his in-depth market insights, well-researched reporting, and sharp analytical skills. Specializing in cryptocurrency, blockchain, and global financial markets, Frank consistently provides accurate, timely updates and data-driven analysis that guide readers through the complexities of digital assets. His work emphasizes spotting emerging trends, examining market cycles, tracking technological innovations, and monitoring regulatory developments shaping the crypto landscape. Beyond journalism, Frank enjoys playing chess, traveling, and exploring new experiences. He is based in Mombasa County, Kenya.