Pi Network Price Prediction: What Happens If Major Banks Embrace the Blockchain?

Optimism is running high within the Pi Network community as speculation grows over potential institutional adoption.

Optimism is running high within the Pi Network (PI) community as speculation grows over potential institutional adoption of the blockchain. Should major financial institutions begin leveraging the Pi blockchain and its native token, Pi Coin (PI) could be on the verge of a massive breakout.

Such a development might even catapult it back into the ranks of the top ten cryptocurrencies by market cap.

In this article, we delve into how the involvement of leading banks, such as JPMorgan (NYSE:JPM) and Bank of America (NYSE:BAC), could reshape the future of Pi Coin and its mainnet ecosystem.

Pi Network Price Outlook: What Happens If Major Banks Integrate the Blockchain?

Pi Network’s price has faced downward pressure recently due to token unlocks and concerns over transparency. These factors have reduced investor confidence and stalled buyer interest.

However, Pi Network is expanding in the U.S. It recently became an affiliate member of Stanford University and entered the U.S. real estate market through Florida-based Zito Realty, which now accepts Pi Coin.

These moves have sparked speculation that major U.S. banks like JPMorgan and Bank of America may adopt Pi Network for blockchain-based services.

If so, Pi Coin could see a major price surge. Grok3 predicts the token could reach $10–$30 if banks integrate Pi into real-world use cases, which aligns with the price targets set by analysts.

The platform is also gaining traction across the Web3 space, recently partnering with Banxa and integrating Chainlink’s (CRYPTO: LINK) Data Streams.

Analyst Dr Altcoin stated institutional interest could help Pi Coin retain value but noted the blockchain must upgrade its infrastructure before attracting major players.

Pi Coin Price Analysis: Key Support Holds As Signs Of Recovery Emerge

According to the one-hour chart, Pi Coin is currently holding firm at the $0.60 support level. This price point has historically played a critical role, shaping short-term movements.

A strong close above $0.64 will be needed to trigger a short-term rebound, while a drop below $0.60 may lead to further downside pressure as the next layer of support lies at $0.53.

If the token manages to sustain above this level and gains momentum, it will next encounter resistance at $0.64. A breakout from there could propel the price toward the $0.73 mark.

Technical indicators are also beginning to show early signs of a potential shift. The MACD line is trending upward, despite remaining in negative territory. A cross above the zero line would typically confirm a bullish reversal.

Moreover, there are signs of emerging strength in price action, which is becoming less volatile. This could be a factor in mobilizing institutional interest, especially from those focused on long-term investment horizons.

Furthermore, the RSI indicator is showing signs of bottoming out after oversold conditions. Currently, at around 30, it is showing some resilience.

As institutional involvement in crypto continues to grow rapidly, platforms like Pi Network are coming into increasing focus.

The involvement of leading institutions, such as major U.S. banks, could be instrumental in expanding the use cases of cryptocurrencies and opening up new avenues for financial innovation.