- Pi Coin’s price rose sharply after Pi Network confirmed its adoption of the ISO 20022 standard.
- Traders showed strong activity with a volume of $96.25 million as the price broke resistance near the $0.28 zone.
Pi Coin saw a sharp increase in trading value after Pi Network plans had confirmedto adopt the ISO 20022 standard. The token rose 16% in a day and trading volume climbed 4.43% to $96.25 million, indicating renewed interest from traders.
Pi Network explained that the rollout of ISO 20022 will occur in three phases. Preparation will continue until November 2025, followed by activation on November 22nd and a wider rollout post-activation. The project aims to simplify communication with global financial systems through this standard.
More than 50 million application downloads show that there is already a large subscriber base around the Pi Network. Expansion plans include improved tools for international remittances, secure digital wallets, and a decentralized exchange that enables practical transactions beyond experimental use.
ISO 20022 ensures added value for Pi Payment
Ripple’s XRP Ledger and Stellar Network already meet ISO 20022 requirements for standardized communications between financial companies. XRP Ledger offers banks and payment providers near-instantaneous settlement, while Stellar focuses on low-cost remittances in underserved regions worldwide.
Pi Network intends to achieve similar compatibility to these two networks. Easier adaptation to banking systems could support faster, cheaper and more transparent digital transfers, bringing cryptocurrency transactions closer to regulated financial transactions.
If Pi Network successfully adopts ISO 20022, it can grow beyond community activities and gain recognition in international digital payment systems. However, progress will depend on adherence to the outlined development schedule.
Bulls expect $0.28 after the first price jump
The Pi token climbed more than 30% over the past week, recovering from recent lows of $0.19. Current price action suggests renewed confidence from bullish traders as they look to clear the $0.28 area where the price struggled in previous sessions.
The charts show a clear breakout from a consolidation pattern after repeated pullbacks near the $0.23 level. This breakout shows strong buying pressure, meaning the price can continue to rise if resistance levels continue to weaken.
Crypto analyst David James said the recent breakout shows stronger support at lower price levels and shows market participants have more confidence. The $0.3626 level remains a resistance to watch. If the price falls back from this level, it could fall towards $0.23 in the short term.
Additionally, Pi Network has scheduled Protocol 23 update for the fourth quarter of 2025. The planned adjustments aim to make transactions on the mainnet faster and smoother. These updates could also help increase usage once it meets ISO 20022 standards.
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