Pi Network Partners with BNP Paribas to Enhance Online Payment Services
Pi Network (PI) has partnered with BNP Paribas to advance its Global Open Mainnet launch.
Collaboration Details
- BNP Paribas introduced an online payment service using Open Banking APIs integrated with Pi Nexus Banking System.
- The collaboration aims for faster transactions, cost efficiency, financial inclusion, and cross-border expansion.
- Businesses can leverage Pi’s low fees and instant SEPA transfers for real-time settlements.
Mainnet Wallet Activation Update
- Pi Network launched a wallet activation update lowering entry barriers for KYC-verified users.
- Integration of third-party KYC providers like Banxa enhances global access to the blockchain.
Technical Outlook on PI Pricing
- Current trading price: $0.5940, up 1.40% in 24 hours with a trading volume increase of 55.75%.
- Immediate resistance levels: $0.6485 and $0.6848; further levels at $0.7434, $0.8020, and potential overextension at $0.8382.
- The RSI is at 46.63, indicating a neutral zone, recovering from oversold conditions.
- A bullish divergence observed with the MACD showing a potential crossover, but momentum remains weak.
- A breakout above $0.6485 could lead to price targets of $0.80 or $1; failure may see a return to support near $0.55.
PI 4H Chart | Source: TradingView