The post Pi Network User Growth High; PI Price Tests Key Support appeared on BitcoinEthereumNews.com.

Pi Network has surpassed 120 million downloads, signaling massive global adoption. BANXA’s KYB approval now allows users in 100+ countries to buy PI with fiat. Technical indicators show PI is at a critical support zone, with both bullish and bearish scenarios in play. With over 120 million downloads and 1.3 million new users in the past 30 days, Pi Network (PI) has firmly established itself as one of the most downloaded and trusted crypto apps worldwide.  The network’s legitimacy gets support from its app ratings, It holds a solid 4.41-star rating based on nearly 900,000 reviews, while its grassroots adoption paints a vivid picture of a decentralized future taking root across diverse communities. From university campuses in Nigeria to small businesses in Southeast Asia and developers in Europe, people are not just mining PI but are actively building with it.  BANXA Approval Creates Fiat Bridge Adding to this trust layer is BANXA’s recent KYB approval, which now allows users in over 100 countries to purchase PI using fiat currency. BANXA is now KYB approved! What does this mean for the Pi Community and beyond? It means people in over 100 countries can now instantly buy Pi with cash through BANXA. This is a game-changer for accessibility and global adoption. BitMart, HTX, and others are also expected to… pic.twitter.com/KRTCyXqlPc — Dr Altcoin (@Dr_Picoin) May 2, 2025 This regulatory milestone is crucial as it turns PI from a mined token into a buyable asset, bridging it closer to mainstream finance. Technical Analysis: What the Charts Say From a trading standpoint, PI/USDT currently trades around $0.586, hovering near the 0.618 Fib level at $0.6109, which acted as a resistance. On the downside, key support zones lie at the following Fib levels: 1.618 ($0.5539), 2.618 ($0.5187), 3.618 ($0.4836), and 4.236 ($0.4618). A drop below…

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Filed under: News - @ May 6, 2025 6:23 pm