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Pi Network’s Token Jumps on KYC Milestone and ISO 20022 Plan

Traders cite expanded identity verifications alongside a planned ISO 20022 integration as the catalyst for renewed buying.

Overview

  • PI climbed roughly 20%–30% on Oct. 29 to about $0.27–$0.29 as 24‑hour trading volume rose into the $110 million range, outpacing a broadly weaker crypto market.
  • The Pi Core Team reported 3.36 million additional KYC completions and said 4.76 million tentative cases are now eligible, with around 2.69–2.7 million users recently migrating toward mainnet tracking.
  • Multiple outlets pointed to a planned ISO 20022 integration, with some reports flagging Nov. 22, 2025 as the target date, positioning Pi for improved messaging compatibility with traditional payments systems.
  • A Pi contributor, Fen Leng, said Testnet2 remains on v19 and not v23, pushing back on social posts claiming a completed upgrade or live mainnet transition.
  • Derivatives data showed a positive funding rate near 0.0055% and open interest around $33 million, while chart watchers highlighted resistance near $0.33–$0.36 and a key support zone around $0.20.