Wednesday, April 30
Asian markets open: muted trading prevails as focus shifts to US data, Big Tech results

Pi Network rallied past $3 in February as its mainnet launch grabbed the crypto community’s attention.

However, it could not sustain the upside momentum, triggering substantial dips to April lows of around $0.49.

Nonetheless, Pi Network signals a possible comeback after months of stagnation.

Various developments indicate renewed interest in the Web3 project.

Banxa’s immense onboarding efforts, renewed exchange interest, and a Pi founder’s appearance at the upcoming Consensus 2025 event suggest a potential recovery or breakout for PI Coin.

Banxa’s return fuels onboarding surge

The return of fiat-to-crypto on-ramp network Banxa has triggered optimism within the Pi community.

Banxa had previously supported PI onboarding but halted operations due to internal updates and regulatory uncertainties.

However, the platform has resumed undertakings, and reports suggest that it sees thousands of new participants joining daily.

Banxa’s return and its onboarding push confirm interest in PI.

New players are likely opting for Pi Network as an entry point into the digital assets space.

Pi Network is a social crypto project that allows individuals to mine and transact PI using mobile phones.

Banxa’s onboarding could substantially boost PI Coin’s user base.

That remains crucial for price stability and attracting exchange listings in the upcoming times.

BitMart & HTX revive exchange thrill

Pi Network’s presence on centralized exchanges (CEXs) has attracted controversy and confusion.

Trading platforms previously labeled their listing as unofficial futures or IOUs.

That is because the project lacks an official token for public trading.

However, BitMart has resumed Pi Coin trading after a long pause, reflecting trader interest and increasing demand for the altcoin.

Furthermore, HTX, formerly Huobi exchange, is hinting at launching PI for trading soon with its teasers across social media.

While uncertainty remains as the Pi Core Team hasn’t endorsed any exchange listing, the emerging narratives confirm exchanges’ readiness for PI’s official launch.

Pi Network might quickly become a hot token on several top trading platforms once its mainnet fully opens.

PI founder to speak at Consensus 2025 in May

In another bullish sign, Pi Network’s founder, Dr. Kokkalis, is among the key speakers at the Consensus 2025 conference in Toronto this May.

That remains vital for multiple reasons.

First and foremost, Consensus is among the leading annual blockchain summits, attracting top institutions, investors, media, and developers.

Moreover, Kokkalis’ presence shows that the Pi team is ready for the spotlight after years of playing behind the scenes.

That indicates their confidence in the project’s future potential.

His speech could clarify Pi Network’s mainnet launch, exchange listing strategies, and ecosystem growth.

These are among the top priorities for PI enthusiasts.

A potential developer adoption or institutional recognition at the Consensus could transform Pi Network from a waiting project to a full-scale crypto ecosystem.

Pi trades at $0.5780 with a slight 0.07% gain in the past 24 hours.

Chart by CoinMarketCap

It remains over 80% down from its February peaks.

Enthusiasts will watch how the emerging positive developments could rescue PI from its downtrend.

The post Pi Network ($PI) comeback soon? Banxa returns as BitMart and HTX revive exchange buzz   appeared first on Invezz


https://invezz.com/news/2025/04/30/pi-network-pi-comeback-banxa-returns-as-bitmart-and-htx-revive-exchange-buzz/

Share.

Leave A Reply

sixteen + 5 =

Exit mobile version