\n<\/p>\n
PI\u2019s price has seen a slight rebound recently, coinciding with new updates from the project behind the token. In this article, we\u2019ll cover the most noteworthy developments as of late.<\/p>\n
Pi News \u2013 an X account disclosing developments related to the controversial cryptocurrency project Pi Network \u2013 recently <\/span>revealed<\/span><\/a> that TransFi has officially completed its KYB (Know Your Business) process as a verified third\u2011party fiat\u00a0<\/span>on\u2011ramp<\/span> partner.\u00a0<\/span><\/p>\n This<\/span> allows clients of the fintech platform to buy and convert PI tokens directly with local fiat currency since the entity <\/span>is integrated<\/span> with the Pi Wallet. Pi Network acknowledged the news on its official profile on X, adding that TransFi, Banxa, and <\/span>Onramp<\/span>.<\/span>money<\/span> remain the only KYB-verified <\/span>on-ramp<\/span> partners of the project.\u00a0<\/span><\/p>\n Another update includes the support from Chainphon. The Dubai-based blockchain platform <\/span>listed<\/span><\/a> PI on its decentralized application on August 12, adding the PHONE\/PI trading pair.\u00a0<\/span><\/p>\n Thus, it added its name next to more popular entities that have previously embraced Pi Network\u2019s native cryptocurrency, including OKX, Gate.io, Bitget, and others.\u00a0<\/span><\/p>\n The token managed to recover some lost ground over the past week, rising by 10% during that period and currently trading just below $0.40. The resurgence has <\/span>brought back some<\/span> optimism among the PI community.<\/span><\/p>\n X user Alpha Crypto Signal <\/span>assumed<\/span><\/a> the asset is currently forming \u201ca clean cup and handle pattern on the 4H timeframe.\u201d They outlined the $0.38-$0.40 range as \u201cthe crucial support for this bullish setup,\u201d envisioning a potential rally to $0.50-$0.52.\u00a0<\/span><\/p>\n MOON JEFF also chipped in, <\/span>claiming<\/span><\/a> that Pi Network is among the few layer-1 blockchains with real users. \u201cEverything in PI is very organic. <\/span>This<\/span> is one of the few <\/span>good things about<\/span> the Network. Humans will pump it up,\u201d he added.\u00a0<\/span><\/p>\n It is worth noting that, despite the evident rebound over the last seven days, PI\u2019s price remains significantly below its peak of roughly $3, witnessed in February of this year. Moreover, numerous altcoins performed much better than it in the past week, and the asset is no longer part of crypto\u2019s top 50 club.\u00a0<\/span><\/p>\n The number of PI tokens stored on centralized crypto exchanges continues to grow and recently <\/span>hit<\/span><\/a> a new all-time high of over 411 million.<\/span><\/p>\n Nearly half the amount is held on Gate.io, while Bitget comes in second with 141.1 million coins. <\/span>The rising figure <\/span>could be interpreted as<\/span> a bearish sign since it increases the immediate selling pressure.<\/span>\u00a0<\/span><\/p>\n The upcoming token unlocks are another worrying factor. Over the next 30 days, more than 167 million PI will be freed up, with almost 10 million set to <\/span>be released<\/span> on August 16<\/span> alone. While the upcoming unlocks aren\u2019t as daunting as in previous months, they could still contribute to another downward movement. LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\nPI Price Outlook<\/span><\/h2>\n
More Pain Ahead?<\/span><\/h2>\n
<\/span><\/p>\n
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![<\/a>PI Token Unlocks, Source: piscan.io<\/figcaption><\/figure>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"PI\u2019s price has seen a slight rebound recently, coinciding with new updates from the project behind the token.…\n","protected":false},"author":2,"featured_media":34987,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-35247","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/35247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35247"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/35247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/34987"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PI-Tokens-Unlock.png\"){kind=link}