Pi Coin comeback? Bitmart resumes retailers – user activity at Banxa increases
- Pi Coin is traded at $ 0.5771 because Bitmart takes it up again, while the support of $ 0.58 becomes decisive for the short -term direction.
- Pi Network wins in front of the Consensus Summit, with increasing Banxa user activity and HTX indicates future stock exchange listing.
Pi Coin (PI) has again attracted the attention of dealers and observers after a mixture of stock exchange activities, user growth and upcoming public appearances has raised questions about its market development.
Despite the persistent concerns regarding the drop in prices and the network status of the token, the latest developments indicate that interest in the asset remains active. Pi Coin is currently traded at $ 0.5771 and has recovered slightly by 0.63 % within 24 hours, but still has a monthly loss of over 15 %.
An important step was that Bitmart, a centralized crypto tour that Pi Coin trade officially resumed after an interruption. This return is a positive step for the liquidity of the token, which remained restricted due to the limited listing.
In the past few weeks, the PI Coin has been in a volatile area between $ 0.59 and $ 0.67. In the last trading session, the price fell to $ 0.565, but quickly returned to $ 0.590. The support value for the end of April 2015 is currently $ 0.576. In view of the current course, analysts assume that each course has the potential under $ 0.58 to put further pressure down.
The market capitalization of PI is currently $ 4.02 billion and FDV $ 57.71 billion if you assume that a total of 100 billion tokens are in circulation. According to the available data and the given coins, the current range of outstanding PI is 6,960 million. In addition, the 24-hour trade volume of this coin has dropped to $ 81.27 million, which is 22.86 % less than before, and the relationship between volume and market capitalization is just over 2 %.
Banxa user growth proves increasing interest
In a different development, the Fiat-to-Cryptocurrency Payment processor Banxa recorded an increase in new customers. The company has not published any specific figures or associated itself or the increase directly with a certain token. However, it is believed that the increase could partially be attributed to the revival of Pi Coin. Banxa, in turn, acts as an onboarding tool for people who want to switch from Fiat money to cryptocurrencies. The importance of Banxa for PI could increase in the future if the project is developing further.
In the meantime, HTX has shared some content that indicated that it is preparing for activities related to PI Coin. Although there was no official announcement in this regard, such information has contributed to speculation that another large stock exchange will list the token.
It is worth noting that the founder of PI Network, Dr. Nicolas Kokkalis, guest of the Consensus Summit in Toronto in May 2025. The event is one of the most important global conferences for blockchain and cryptocurrencies.
Kokkalis’ presence could illuminate more details about the time the time the Pi was founded and the primary, more important work on its Mainnet and his plan for it. While some critics perceive slow progress, others expect the event to be a golden opportunity to restart the project.
Technical outlook and mood in the community
The PI community is still split. Some of them are annoyed by the introduction and limited exchange of the project, while others focus on the network, the ecosystem and the basics of the infrastructure. Nevertheless, Pi Coin’s exchange did not take place in the Mainnet, which prompted people to surprise themselves about the values that are assigned to all coins.
Nevertheless, it is all the more important that Pi Coin stayed in 27th place in coinmarketcap rating and that the solidity of the profile is still 81 %. The fee area will concentrate more on the current level of support to determine whether the price will jump back to $ 0.58.
If the course breaks over $ 0.60, the upper level around the brand mentioned, there is a high probability that $ 0.67 can be recaptured. However, a lack of this brand could exert a negative pressure in the form of sales pressure, which would increase in a decline in volumes.
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