Keynote
- PI Network has partnership with BNP Paribas, integrating blockchains with traditional banking through SEPA and Open Banking API.
- The new wallet activation update simplifies PI main net access and expands user adoption through third -party KYC.
- The technical indicator suggests potential failure for $ 1 if the resistance is summarized near $ 0.65- $ 0.75.
One of Europe’s most famous financial institutions, PI Network (PI) and BNP Paribas, has organized the team when the PI network continues to move close to the launch of the Global Open Mainnet.
Flash News: BNP Paribas and Pi Network, how great is it?@picoreteam @kalis @Chengdiao
Financial Environment Conversion: PI Coin and BNP Paribas collaboration in advance!
BNP Paribas has released an innovative online payment service. pic.twitter.com/uqryrwwsmg
-Pi Coin Shops (@pi_coinmagazine) May 3, 2025
Innovative Cooperation: PI & BNP Paribas
BNP Paribas has unveiled an innovative online payment service that integrates open banking APIs with instant SEPA transmission, which will be combined with PI Nexus banking system.
Synergy effects provide a number of advantages, including faster transactions, cost efficiency, financial inclusion, border expansion and institutional trust.
Companies can benefit from the low -end ecosystem of the PI and the immediate SEPA transmission, and combine with the blockchain of the PI to enable real -time settlement, which can be further pushed.
Ecosystem expansion: Wallet activation update
In addition, the PI Network has introduced the Mainnet wallet activation update to reduce the user’s input barrier. This allows the KYC -proven pioneer to activate the wallet smoothly and engage with the PI main net.
The integration of third -party KYC providers, such as BANXA, expands access and allows larger global users to interact firmly with the blockchain.
Technology Outlook: Does PI reach $ 1?
According to CoinmarketCap data, PI has increased 1.40% to $ 0.5940 over the last 24 hours. Cryptocurrency’s trading volume is 55.75%, suggesting that investors’ purchase pressure increases.
If you analyze the 4H chart below, the immediate resistance is $ 0.6485 (0.786 FIB), followed by $ 0.6848 (1.618). $ 0.7434 (2.618) and $ 0.8020 (3.618) are additional resistance zones.
In addition, the level of $ 0.8382 (4.236) represents the overpass area as possible.
PI 4H Chart | Source: TradingView
On the other hand, RSI is currently standing around 46.63, and as it shows a neutral zone, the RSI has been lowered as the price is lowered due to the lower price due to the holding of the holding conditions near April 29.
The MACD indicator suggests that the Blue MACD line is slightly higher than the orange signal line, suggesting emerging optimistic crossovers, but the momentum is weak. To confirm continuous strength, you need a powerful upward MACD histogram.
It should be noted that successful re -examination and exemptions of $ 0.6485 and $ 0.6848 can be pulled up to $ 0.80 and $ 1 by pulling the optimism. However, if you do not break over $ 0.6485, you will be able to return to support near $ 0.55.
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disclaimer: Coin speakers are doing their best to provide a prejudice and transparent report. This article aims to provide accurate and timely information, but should not be considered financial or investment advice. Since market conditions can change rapidly, it is better to check the information and consult with experts before making a decision based on this content.
PARTH, a encryption journalist with more than five years of experience in the industry, has collected experience and expertise in space after surviving in Bear and Bull Markets for many years in cooperation with major media media in Crypto and Finance World. PARTH is also the author of four published books.
LinkedIn’s PARTH DUBEY