Pi Coin Begins Defying Its Skeptics as Its User Base Grows from Online Trading into Actual Real-World Payments

The cryptocurrency, which gained rapid attention in 2025 for its community-driven mining model, now finds acceptance from businesses in South Korea and the U.S.

Pi Coin is beginning to defy its skeptics as its user base grows from online trading into actual real-world payments, expanding rapidly in South Korea and the U.S., Coin Codex reports.

The cryptocurrency, which gained rapid attention in 2025 for its community-driven mining model, now finds acceptance from businesses in diverse sectors.

In South Korea, more than 580 retailers are now accepting Pi Coin, with the acceptance ranging from skincare brands to plastic surgery clinics.

Some merchants in Korea are exclusively focused on Pi transactions, and the valuation in some of these stores is reportedly as high as 37,000 KRW (nearly $37) per coin, showcasing strong faith in its purchasing power in the Korean market.

Meanwhile, in Florida, Zito Realty has started accepting Pi Coin for real estate transactions, and Cube Motors is offering vehicle sales using Pi, signifying the coin’s use case is extending into high-value transactions. The growing business adoption comes as Florida shows more openness to crypto, with lawmakers recently advancing a bill to establish a state-level Bitcoin reserve.

Earlier this year, Banxa, a leading cryptocurrency payments provider, announced the acquisition of 30.5 million Pi Coins, which is valued at nearly $19 million at current prices.

This integration will enable Banxa’s users to access Pi Coin through various payment methods, including credit cards, bank transfers, and e-wallets, in accordance with local regulations.

The move is part of Banxa’s strategy to expand its coverage of Layer 1 and Layer 2 chains, catering to the growing demand for wider cryptocurrency access.

On the technical analysis side, on the 4-hour chart, PI/USDT has decisively broken out of a symmetrical triangle pattern, and the price has quickly reclaimed the key moving averages—specifically, the 20 EMA (Exponential Moving Average) at $0.6173 and the 50 EMA at $0.6210.

Additionally, the RSI (Relative Strength Index) is currently at 67.56, indicating strong buying interest without immediate signs of exhaustion, while the MACD (Moving Average Convergence Divergence) is presenting a widening histogram, which signals a continuation of bullish momentum.

From the chart, it is evident that the price is now encountering resistance at the $0.70-$0.75 zone. A successful breakout above this level could be critical to confirm a larger trend change to higher prices.

However, if the bears manage to defend this barrier and trigger a lower low from the 50 EMA, it could indicate a potential retest of the triangle support, which lies in the $0.58-$0.55 range.