Pi Network Aims for Breakthrough at Consensus 2025 with Funding, Partnerships
2min read Pi Network, a cryptocurrency project developed by Stanford PhD graduates, is set to make significant strides at the upcoming Consensus 2025 event. Scheduled for May 14–16 in Toronto, this event is anticipated to be a pivotal moment for Pi Network, which has been steadily building its ecosystem over the years.
With over 55 million users and thousands of ecosystem apps, Pi Network has evolved from an idea to a fully functional decentralized system. The event is expected to bring several key developments for Pi Network, including potential funding rounds, major partnerships, and the launch of new products.
One of the most anticipated announcements is a potential funding round, which could provide the necessary capital to accelerate the project's growth and expansion. Additionally, major partnerships with industry leaders are on the horizon, which could enhance Pi Network's credibility and reach. The event may also see the launch of a breakout product, further solidifying Pi Network's position in the cryptocurrency market.
Pi Network has already achieved significant milestones, including the migration of over 12 million users to its platform. This move underscores the project's growing user base and its potential for mass adoption. Furthermore, Pi Network has recently approved BANXA under its Know Your Business (KYB) framework, allowing users in over 100 countries to purchase Pi Network tokens directly with cash. This development is expected to ease transactions and enhance security measures, as participants in peer-to-peer transactions are now required to pass Know Your Customer (KYC) checks and use non-custodial wallets.
The regulatory-first approach adopted by Pi Network is expected to be a central theme at Consensus 2025. This approach aims to meet evolving regulatory standards, reduce fraud, and increase safety within the ecosystem. The project's focus on compliance and security is likely to set it apart from competitors in the crowded crypto market.
Ask Aime: What's Pi Network's latest development?
Looking ahead, Pi Network plans to expand its KYB approvals, with exchanges like BitMart and HTX expected to receive similar recognition in the near future. These developments are expected to be central to discussions at Consensus 2025, further highlighting Pi Network's commitment to regulatory compliance and security.
Despite the positive news, Pi Network's price remains relatively flat, hovering just above the $0.57 support level. The price has been unable to break above key moving averages, including the 10, 20, and 50-day averages, indicating that sellers currently control the market. Technical indicators such as the relative strength index (RSI) suggest a lack of bullish momentum, with the moving average convergence divergence (MACD) showing weak signals and no sign of a bullish crossover. While Pi’s compliance efforts could offer a catalyst for a price bounce, significant movement will likely require a reclaiming of the $0.60–$0.62 range with strong volume. Until then, market sentiment may remain cautious.
As of now, Pi Network coin is trading around $0.57, reflecting a drop of 1% seen in the last 24 hours. Although the token price is still 3x down from its $2 mark. While many expect the Consensus 2025 will pump Pi Network coin price to around $1.
Pi Network's founder, Dr. Nicolas Kokkalis, is set to speak at the event, and his vision of making crypto simple could attract serious global attention. The event brings together a powerful mix of investors, developers, and fintech leaders, all hunting for the next big thing. Pi Network could gain VC funding, partnerships, and product launches, which aren’t just possibilities, they’re real opportunities waiting to be seized.
What makes Pi Network special isn’t just its strong community or smart tech—it’s the perfect timing. Pi’s idea of a mobile-friendly, decentralized economy is exactly what the world needs right now. And with Consensus 2025 coming up, the stage is set for Pi to finally shine.
