{"id":88391,"date":"2025-08-14T12:25:46","date_gmt":"2025-08-14T12:25:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=88391"},"modified":"2025-08-14T12:25:46","modified_gmt":"2025-08-14T12:25:46","slug":"pi-network-pi-news-today-august-14th","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=88391","title":{"rendered":"Pi Network (PI) News Today August 14th"},"content":{"rendered":"

PI\u2019s price has seen a slight rebound recently, coinciding with new updates from the project behind the token. In this article, we\u2019ll cover the most noteworthy developments as of late.<\/p>\n

Recent Ecosystem Updates<\/h2>\n

Pi News \u2013 an X account disclosing developments related to the controversial cryptocurrency project Pi Network \u2013 recently <\/span>revealed<\/span><\/a> that TransFi has officially completed its KYB (Know Your Business) process as a verified third\u2011party fiat\u00a0<\/span>on\u2011ramp<\/span> partner.\u00a0<\/span><\/p>\n

This<\/span> allows clients of the fintech platform to buy and convert PI tokens directly with local fiat currency since the entity <\/span>is integrated<\/span> with the Pi Wallet. Pi Network acknowledged the news on its official profile on X, adding that TransFi, Banxa, and <\/span>Onramp<\/span>.<\/span>money<\/span> remain the only KYB-verified <\/span>on-ramp<\/span> partners of the project.\u00a0<\/span><\/p>\n

Another update includes the support from Chainphon. The Dubai-based blockchain platform <\/span>listed<\/span><\/a> PI on its decentralized application on August 12, adding the PHONE\/PI trading pair.\u00a0<\/span><\/p>\n

Thus, it added its name next to more popular entities that have previously embraced Pi Network\u2019s native cryptocurrency, including OKX, Gate.io, Bitget, and others.\u00a0<\/span><\/p>\n

PI Price Outlook<\/span><\/h2>\n

The token managed to recover some lost ground over the past week, rising by 10% during that period and currently trading just below $0.40. The resurgence has <\/span>brought back some<\/span> optimism among the PI community.<\/span><\/p>\n

X user Alpha Crypto Signal <\/span>assumed<\/span><\/a> the asset is currently forming \u201ca clean cup and handle pattern on the 4H timeframe.\u201d They outlined the $0.38-$0.40 range as \u201cthe crucial support for this bullish setup,\u201d envisioning a potential rally to $0.50-$0.52.\u00a0<\/span><\/p>\n

MOON JEFF also chipped in, <\/span>claiming<\/span><\/a> that Pi Network is among the few layer-1 blockchains with real users. \u201cEverything in PI is very organic. <\/span>This<\/span> is one of the few <\/span>good things about<\/span> the Network. Humans will pump it up,\u201d he added.\u00a0<\/span><\/p>\n

It is worth noting that, despite the evident rebound over the last seven days, PI\u2019s price remains significantly below its peak of roughly $3, witnessed in February of this year. Moreover, numerous altcoins performed much better than it in the past week, and the asset is no longer part of crypto\u2019s top 50 club.\u00a0<\/span><\/p>\n

More Pain Ahead?<\/span><\/h2>\n

The number of PI tokens stored on centralized crypto exchanges continues to grow and recently <\/span>hit<\/span><\/a> a new all-time high of over 411 million.<\/span><\/p>\n

Nearly half the amount is held on Gate.io, while Bitget comes in second with 141.1 million coins. <\/span>The rising figure <\/span>could be interpreted as<\/span> a bearish sign since it increases the immediate selling pressure.<\/span>\u00a0<\/span><\/p>\n

The upcoming token unlocks are another worrying factor. Over the next 30 days, more than 167 million PI will be freed up, with almost 10 million set to <\/span>be released<\/span> on August 16<\/span> alone. While the upcoming unlocks aren\u2019t as daunting as in previous months, they could still contribute to another downward movement.
\n<\/span><\/p>\n

<\/a>PI Token Unlocks, Source: piscan.io<\/p>\n

The post Pi Network (PI) News Today August 14th<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

PI\u2019s price has seen a slight rebound recently, coinciding with new updates from the project behind the token. In this article, we\u2019ll cover the most noteworthy developments as of late. Recent Ecosystem Updates Pi News \u2013 an X account disclosing developments related to the controversial cryptocurrency project Pi Network \u2013 recently revealed that TransFi has […]<\/p>\n","protected":false},"author":0,"featured_media":88392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88391"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88391"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/88392"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}