News View Non-AMP

Pi Network News: Banxa’s $19M Liquidity Boost Fails to Lift Price, What’s Next?

Published by
Anjali Belgaumkar

The Pi Network has been making headlines lately, but its price action isn’t living up to the hype. After briefly surging from $0.49 on June 22 to $0.64 on June 26, Pi Coin has slipped over 2% and is currently trading around $0.53.

This jump came after the platform’s Pi2Day announcement and a new Generative AI feature integration. While many expected this news to fuel a stronger rally, the excitement quickly faded. 

So Why Isn’t Pi Coin’s Price Rising?

Firstly, the broader crypto market remains volatile, with traders hesitant to dive into altcoins unless there’s clear momentum. Secondly, while AI partnerships sound futuristic, investors want to see how these technologies will offer real, day-to-day benefits for Pi users, and so far, those details remain unclear.

The Pi community is large and passionate, but mixed opinions about the AI announcement’s actual value are creating uncertainty.

New Partnerships Could Trigger Price Rally

On the brighter side, Pi Network recently partnered with Banxa and Onramper, two global fiat-to-crypto platforms. Banxa now allows users in over 100 countries to buy Pi directly using traditional payment methods like credit cards, bank transfers, and Apple Pay. It also lets users sell Pi for fiat, making it easier to convert digital coins into real-world money. Banxa bought over 30.5 million Pi Coins (worth around $19 million) to boost liquidity for the network.

Onramper, meanwhile, acts as an aggregator, giving users multiple on-ramp options to buy Pi through various providers, including Banxa itself.

Conclusion

The market might see a small bounce upwards, followed by another dip before making a bigger move to the upside. The overall trend hints that Pi Coin could soon enter a key price area that might trigger its next rally. 

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Chainlink Partners with UBS to Simplify Tokenized Fund Management

Chainlink, the industry-standard Oracle platform, is making it easier for banks and financial institutions to…

September 30, 2025

Chainlink, UBS & SWIFT Launch Game-Changing Tokenized Fund Pilot

Chainlink, UBS, and SWIFT have created a new solution that lets banks manage tokenized fund…

September 30, 2025

Toncoin Secures $100M While Pepeto Presale Skyrockets As Best Crypto To Buy Now

The market is buzzing as major names show fresh momentum. Bitget Token (BGB) ripped past…

September 30, 2025

Aster Price Prediction: Can It Break $2 and Rally Toward $3?

Aster, the main competitor to Hyperliquid, has become one of the most talked-about tokens in…

September 30, 2025

Eric Trump: Bitcoin Will Outshine Gold and Hit $1 Million

Eric Trump, Vice President of the Trump Organization and Chief Strategy Officer at American Bitcoin,…

September 30, 2025

Top 5 Altcoins to Watch Ahead of SEC ETF Rulings This October 2025

October has long been a pivotal month for cryptocurrencies, and in 2025, the spotlight is…

September 30, 2025