Key notes
- Pi Network has teamed up with BNP Paribas to integrate the blockchain into the traditional bank via SEPA and the open banking APIs.
- Updating the activation of the new portfolio of the portfolio simplifies Mainnet Pi access, expanding the adoption of users via a KYC third party.
- The technical indicators suggest a potential escape to $ 1 if resistance almost $ 0.65 to $ 0.75 is released.
PI Network (PI) and BNP Paribas, one of the largest and most renowned financial institutions in Europe, have joined forces while Pi Network continues to get closer to the launch of its Mainnet Global Open.
🚨Flash News: BNP Paribas and Pi Network, what a big collaboration!@Picoreateam @nkokkalis @Chengdiao
Transform the financial landscape: PI Coin and BNP Paribas Collaboration to come!
BNP Paribas has unveiled an innovative online payment service that operates… pic.twitter.com/uqryrwwsmg
– Pi Coin Magazine (@pi_coinmagazine) May 3, 2025
Transformer collaboration: PI & BNP Paribas
BNP Paribas has revealed an innovative online payment service incorporating the banking APIs open to instant SEPA transfers, which will be merged with the Pi Nexus banking system.
Synergy offers multiple advantages, including faster transactions, profitability, financial inclusion, cross -border expansion and institutional trust.
Businesses can benefit from the low -fee -feded ecosystem and instant SEPA transfers, combined with PI blockchain can allow real -time establishments, further pushing adoption.
Ecosystem extension: portfolio activation update
In addition, Pi Network has introduced an activation update of the Mainnet portfolio, reducing the entrance barriers for users. This allows Verified Kyc pioneers to activate the wallets in a transparent manner and to engage with the MAINNET PI.
The integration of KYC third party suppliers as Banxa widens access, ensuring that a larger global user base can interact with the blockchain in complete safety.
Technical perspectives: Will Pi reach $ 1?
According to CoinmarketCap data, PI is negotiated at $ 0.5940, up 1.40% in the last 24 hours. The cryptocurrency trading volume increased by 55.75%, which suggests an increase in investor purchase pressure.
By analyzing the graph of 4h below, it is clear that the immediate resistance is at $ 0.6485 (0.786 FIB), followed by $ 0.6848 (1.618). The levels of $ 0.7434 (2.618) and $ 0.8020 (3.618) are other resistance areas.
In addition, the level of 0.8382 (4.236) represents a possible overexal area – especially where $ 1 could be tested if the feeling increases.
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Pi 4h graphics | Source: tradingView
On the other hand, the RSI is currently around 46.63, showing a neutral zone, recovering from conditions of occurrence around April 29. An upward divergence has been formed as the price has made a lower hollow while RSI increased.
The MacD indicator shows that the blue MacD line is slightly above the Orange signal line, suggesting an emerging bullish crossing, but the momentum remains low. A strong MacD histogram upwards would be necessary to confirm a lasting bullish feeling.
It is important to note that a successful retest and rupture greater than $ 0.6,485 and $ 0.6848 could attract a bullish volume, which pushed the price to $ 0.80 and $ 1. However, not exceeding $ 0.6,485 could result in a price revision close to $ 0.55.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
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