PI Network joins ISO 20022; PI becomes the market leader in profit!

Pi Network (PI) has seen a significant price increase of over 30% in the past week, and has also gained 15% in the past 24 hours. The rise, which has catapulted PiCoin to the top of the most profitable market charts, coincides with the news that Pi Network has joined the ISO 20022 group, a global standard for integration with banking and payment systems that has already been adopted by cryptocurrencies such as Ripple.

This move prompted the bulls to attempt to break the $0.28 resistance again. Analysis shows that the price has broken out of the consolidation pattern and regained its upward momentum after bouncing back from the $0.23 support. However, breaking the $0.36 resistance is crucial for the continuation of the uptrend, and the price behavior within this range will determine the next trend. Pai Network’s accession to ISO 20022 will enable smoother cross-border transactions, compatibility with traditional banking systems, and greater trust from financial institutions. In addition, the Protocol 23 update is scheduled to be implemented in the final quarter of the year to improve the scalability and efficiency of the Pai network.