May 8, 2025
According to recently released data, Pi Network has now exceeded 120 million downloads worldwide, with an additional 1.3 million users joining in the past month alone.
A Major Milestone in the World of Decentralized Finance
Pi Network, a leading initiative in the decentralized finance (DeFi) sector, has achieved a significant milestone with over 120 million downloads globally. This growth further cements its reputation as one of the most widely adopted cryptocurrency platforms to date. The project, founded by Stanford University PhD graduates, now encompasses a thriving community of more than 55 million active members. Pi Network continues to champion a vision of inclusive finance—one that is transparent, equitable, and accessible to users around the globe.
Strategic Collaboration with Banxa Signals Global Expansion
In a pivotal development, Banxa—a recognized digital asset payment infrastructure provider—has secured its Know Your Business (KYB) certification, enabling it to support international transactions involving Pi. This marks a turning point in Pi Network’s evolution from a community-driven initiative into a globally tradable digital asset. Reports indicate that Banxa has previously acquired over $30 million worth of Pi, which it now plans to distribute across various global markets. This expansion aims to enhance liquidity and bolster investor confidence in the long-term viability of the Pi ecosystem.
Related: Concerns Rise Over Banxa Activity Amid Pi Price Fluctuations
Market Trends and Price Analysis
As of May 8, 2025, Pi is trading near $0.58, facing resistance in the $0.60–$0.62 range after over 40 days of price consolidation. A decisive upward breakout will likely require strong trading volume and renewed investor enthusiasm.
Since its initial exchange listing at around $2, Pi has experienced substantial volatility—dropping to $0.65 before rallying to nearly $3. The token's inclusion on five major exchanges briefly pushed it into the top 11 on CoinMarketCap. However, subsequent profit-taking and broader market dynamics have pulled the price down to a low of $0.40. Despite these fluctuations, Pi’s rapid user growth and progress in regulatory partnerships continue to position it as a high-potential player in the crypto space.
A Vision Beyond Price: Building an Inclusive Financial Future
While short-term market movements often dominate headlines, Pi Network’s core community remains focused on its broader mission—to create a decentralized financial system that empowers individuals regardless of their location or background. With strategic backing from partners like Banxa and a user base exceeding 55 million, Pi is positioning itself as more than just another digital currency. It represents a transformative shift toward a fairer, more inclusive digital economy.
