Overview
- PI jumped roughly 20%–30% to near $0.29 before meeting firm resistance, with price now compressing in a bullish triangle under $0.30.
- Spot turnover surged, with 24‑hour volume reported around $112 million, while derivatives showed rising open interest and a positive funding rate.
- The team cited 3.36 million additional full KYC approvals and 4.76 million tentative cases newly eligible, framing the push as preparation for wider participation.
- Coverage of ISO 20022 alignment boosted sentiment, but contributors reiterated that the network is still on Testnet v19 and that a v23 migration to mainnet has not been verified.
- Analysts warned of potential pullbacks given large scheduled unlocks, concentrated holdings, thin liquidity and limited listings, even as Pi announced an investment in OpenMind following a 350,000‑node AI proof‑of‑concept.