Pi Network’s native token (PI Coin) remained volatile at $0.6516 after BitMart resumed trading of the token on April 25, 2025. This indicates there might have been progress in the Know Your Business (KYB) process, whereas Banxa’s sudden delisting and recent $19 million Pi acquisition has fuelled mixed sentiments.
The token has dropped approximately 80% from its 2025 peak which indicates liquidity challenges, though strategic moves by key players and upcoming events give out cautious optimism.
BitMart’s Relisting and KYB Implications
BitMart’s month-long suspension ended without any formal KYB confirmation from Pi’s core team, even though the exchange’s actions hints towards procedural advancements. With restarting the trading option, unresolved withdrawal restrictions and the pending 1:1 token swap continue to test the patience of the investors.
On the other hand, Banxa’s removal of Pi purchasing options, even though its recent acquisition of 30.5 million Pi, adds confusion, with analysts speculating compliance adjustments or strategic repositioning.
Banxa’s Dual Role: Accumulator and Enigma
In the beginning of April, Banxa integrated Pi trading and acquired about 30.5 million tokens to promote accessibility for its huge user base which is over 60 million. The sudden delisting weeks later, without any explanation, has raised concerns about Pi’s regulatory stability.
Crypto analyst Dr. Altcoin is warning investors of potential volatility due to suspicious Banxa account activity, including coordinated small-balance wallets (0.98 Pi each) that could easily manipulate markets.
Huobi’s and Consensus 2025
Huobi’s social media teasers urging users to “hold low-priced Pi” suggest impending announcement, possible staking mechanisms or exchange integrations. Pi’s sponsorship of Consensus 2025, where Pi Network’s founder Nicolas Kokkalis will be a keynote is viewed as a critical platform for ecosystem updates which includes mainnet progress or partnership reveals.
Pi Network Token Price Forecasts and Challenges
Pi currently is facing resistance near $0.60 and the technical indicators like RSI and MACD reflect uncertainty. Long-term projections on the other hand remain bullish.
At press time, the price of the token stands at $0.6515 with a dip of 0.4% in the last 24 hours as per CoinGecko.
According to various analysts, there could be a surge of 133% and the price could rise to $1.31 by 2028, all of this is dependent on mainnet launches and major exchange listings that include Binance and Coinbase. The absence of any support from these exchanges has led to limited adoption by the community.
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