Here’s Why Pi Coin (PI) Price Is Pumping Today

Pi Coin is making noise again. After a long period of slow movement, Pi Coin price jumped more than 15% today, trading around $0.2648, with volume up close to 60%. It’s the top gainer in the market right now, and traders immediately started digging into why this sudden move happened.

A viral narrative hit X (Formerly Twitter) claiming Pi Network had joined the ISO 20022 standard, the messaging upgrade used by global banks. That instantly put Pi into the same conversation as XRP and Stellar, both tied to regulated cross-border payments.

Whether the ISO integration is confirmed or not, the market reaction was fast. Even Pi community accounts suggested the news might be false, but they acknowledged the move itself shows that sentiment can still ignite a real rally when excitement returns.

On top of the hype, Pi Network continues to improve its fundamentals behind the scenes. Over 3.36 million users completed KYC in October alone, migrating their tokens off exchanges and reducing available sell pressure. When supply tightens like that, even modest demand can trigger large price swings, just like today.

Read Also: XRP to $10? Here’s How Ripple’s $120 Trillion Expansion Could Make It Happen

What the Pi Chart Is Showing

Analyst Vespamatic posted a chart highlighting a +53% rebound from recent lows. That kind of V-shaped reaction after a prolonged drop usually signals aggressive dip-buying and short-term accumulation. Traders see it as a possible shift in momentum.

With PI approaching key resistance levels ahead, the next step is simple: prove this wasn’t just a hype candle.

Source: X/Vespamatic

Could Pi Coin Price Go Back to Its All-Time High?

That’s the big question the community keeps asking. And it all comes down to utility finally going live.

If open mainnet fully launches, if migrating balances unlock, and if real-world partners actually start using Pi, then today’s move could be just the beginning. 

But until those promises turn into something the market can measure, price spikes like this may come and go quickly.

Read Also: Why Solana Can’t Stop Talking About XRP – Analyst Calls Out “Punching Up” Behavior

Pi Coin Short-Term Outlook

If buyers hold momentum above the current range, Pi Coin price could keep testing higher levels throughout the week. But if the ISO rumor fades, a cooldown wouldn’t be surprising either.

For now, the takeaway is clear: PI isn’t forgotten. It still has the power to wake up millions of holders and shake the market whenever the right catalyst appears.

And if Pi Network finally delivers the big reveal everyone is waiting for? Then this pump might look tiny in comparison.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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