After hitting a record earlier this month, the PI trades between $ 0.60 and $ 0.65. While the price of the price has been fixed, there is still no sign of a strong recovery.
Adding to the failure, the crypto payment platform Banxa has been reported to have paused PI transactions, probably due to the approved of your business (KYB). Banxa had previously purchased millions of PI at low prices and could return once the approval was given and the PI price improved.
Meanwhile, more than two months since the PI Network won a vote on Binance's community through a wide margin, however the token remains unlisted. The hope was re -elected on April 25, when Binance released new guidelines on the list, prompting fresh imagination.
The new outline of Binance's review Emphasizes strong foundations, metrics of adoption, tokenomics, team credibility, and compliance. For projects like PI, which already has a circulating -switch token, special attention is given to the amount of trade, liquidity, and market performance.
However, the main challenges remain. PI has not yet operated on any of the four blockchains currently supported by Binance (BNB chain, solana, base, and Ethereum). Without incorporating a supported chain or a clear timeline for expansion, the PI path to a Binance list remains uncertain.
PI price prediction?
Pi is currently trading in a tight range, with price compressing within a wedge pattern. The main resistance is at $ 0.65, and a confirmed breakout above $ 0.65 – especially in strong volume – can spark a sharp rally. However, if the price fails to break this upper level, it can return to support support around $ 0.60.
Crypto analyst Dr Altcoin said, “PI's great! I'm a bit confident that PI pumping prices can begin at the time of the conclusion (May 14–16, 2025) rather than at the end of August when the PI uniting is significantly reduced.”
