Global payments giant BANXA has just made a bold move—buying over 30.5 million Pi Coins

This isn't just another crypto trade. It's a clear sign that big players are beginning to take the Pi Network seriously

Global payments giant BANXA has just made a bold move by buying over 30.5 million Pi Coins, valued at roughly $19 million. This isn’t just another crypto trade; it’s a clear sign that big players are beginning to take the Pi Network seriously as a future leader in the digital payments world.

As a result of this purchase, BANXA now allows users to buy Pi directly through its platform and send it straight to their wallets, greatly simplifying access for the growing Pi community.

Major Institutional Confidence in the Future of Pi Network

Pi’s comeback possibilities have also been a subject of discussion. With over 60 million users worldwide, many believe the coin’s true value is just unfolding. Market observers speculate that if Pi introduces even a handful of real-world use cases, the value of the coin could skyrocket.

Unlike traditional cryptocurrencies, Pi is mobile-first, community-powered, and focused on real utility instead of hype. It’s no secret that Pi’s closed ecosystem is a point of contention. Developers, creators, and businesses want more freedom to build apps and services on the network, but they’re waiting for the Open Mainnet to launch.

This stage will render Pi fully decentralized and available to outside developers, enabling broader adoption and integration. BANXA’s acquisition has reignited calls from the community urging the Core Team to move faster toward openness.

This move is significant for the crypto industry as a whole. It signals BANXA’s vote of confidence not just in Pi the coin, but in the entire Pi ecosystem.

Moreover, it’s a message to the rest of the crypto world and a hint that Pi is no longer just an experiment; it’s becoming a real digital economy.

By supporting direct purchases and adding infrastructure, BANXA is helping transform Pi from a mined-only coin into one with real market value.

However, on the price front, Pi Coin (PI) remains range-bound, trading around $0.58 with weak momentum. It recently attempted to break above $0.59 but failed, and support at $0.55 is now being tested. Despite a few price spikes, bulls are losing steam, and technical indicators like RSI (14) and MACD suggest indecision.

Without strong volume or wider exchange access, PI may continue to trade flatly and miss out on the broader crypto rally.

According to crypto analyst Moon Jeff, Pi Coin could reach $3 by June. Despite the current struggles in the crypto market, he remains optimistic and sees an opportunity for Pi to surge.

He attributes the sluggish market performance to global trade tensions, which are pulling down prices, including that of PI. However, once these issues are resolved, he anticipates a strong rebound from Pi, breaking through resistance levels and aiming for new all-time highs (ATHs).