Pi Network Partners With BANXA to Boost Global Token Transactions Despite Market Resistance

Pi Network has officially onboarded BANXA as a trading partner through its Know Your Business (KYB) compliance framework, enabling Pi token transactions across 100+ countries. This strategic alliance enhances Pi’s regulatory standing while accelerating its global expansion efforts.

Despite this institutional milestone, Pi’s market performance shows limited upside. The token continues to face strong resistance at $0.6485, with technical indicators revealing subdued buying interest. Both Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) charts reflect weak trader momentum.

Crypto analyst Dr. Altcoin first reported the BANXA integration on May 2nd, highlighting its significance for Pi Network’s adoption strategy. The partnership demonstrates Pi’s focus on building compliant infrastructure before driving substantial price growth.