TLDR
- Pi Network reached 2.69 million mainnet users after completing mass KYC verification in the past week.
- The project plans to integrate ISO 20022 financial messaging standard on November 22, 2025.
- PI token price jumped 20% in 24 hours to reach $0.25, marking a three-week high.
- Pi Network is built on Stellar Consensus Protocol and aims to connect with SWIFT banking systems.
- The token had previously crashed 93% from its February 2025 peak of $3 to an all-time low of $0.172 in October.
Pi Network reached 2.69 million mainnet users in the past week. This milestone comes after a large-scale KYC verification process. The rapid migration of users happened just before the project’s planned ISO 20022 integration on November 22.
๐จWelcome to the Mainnet! A massive 2.69 million Pioneers have migrated their Pi in the last week alone after a huge KYC verification wave. The ecosystem is expanding rapidly as we approach the Nov 22 ISO 20022 integration. The future of finance is being built now๐#PiNetwork pic.twitter.com/zU1Myw7oGJ
— PiNetwork DEXโก๏ธ้ฟ้พ (@fen_leng) October 27, 2025
The PI token price increased 20% in the last 24 hours. It now trades at $0.25, marking a three-week high. The price movement represents a recovery from the token’s recent struggles.
PI launched in late February 2025 at around $3. The token then entered a months-long decline. By October 10, it had fallen to $0.172, losing over 93% of its value in less than eight months.
The token found support at around $0.20 after hitting its all-time low. This level held through mid-October. The recent price jump breaks this consolidation pattern.
Community members known as “Pioneers” have been rapidly expanding. Millions of these users recently moved their PI tokens to the mainnet. This migration marks a new phase in the network’s development.
ISO 20022 Integration Plans
ISO 20022 is a global messaging standard for financial transactions. Banks and payment systems worldwide use this standard. Pi Network’s integration is scheduled for November 22, which aligns with the global financial deadline.
@PiCoreTeam @nkokkalis @Chengdiao
The Unparalleled Value of Pi Coin in the Cryptocurrency Space
As we move forward, the truth about Pi Network will become increasingly clear, illuminating the stark differences between misinformation and reality, as well as between darkness andโฆ pic.twitter.com/iC5r693Pck
— Pi Coin Magazine (@Pi_CoinMagazine) October 27, 2025
The standard enables faster and cheaper cross-border payments. It also improves transparency in international transactions. This could bring Pi closer to compatibility with traditional banking systems.
The integration may allow Pi to communicate directly with global banking systems. Community reports suggest this could enable SWIFT connectivity. Banks might be able to process transactions using Pi’s blockchain infrastructure.
XRP and XLM are other cryptocurrencies that align with ISO 20022. Pi Network would join this select group. The integration doesn’t guarantee regulatory approval but represents a step toward crypto-to-bank interoperability.
Technology and Infrastructure
Pi Network operates on the Stellar Consensus Protocol. This system provides a secure, low-energy framework. The protocol balances decentralization with scalability.
The SCP-based system supports regulatory alignment. This makes the ecosystem suitable for banking-grade standards. The architecture keeps environmental impact minimal while maintaining high efficiency.
Community sources point to several factors behind the price surge. Some observers believe Wall Street capital may be entering the ecosystem. Others suggest progress on SWIFT integration drove buying interest.
OKX exchange recently announced it passed Know Your Business verification for Pi Network. The exchange stated that Pi Bank’s cross-border banking capabilities have been integrated into the SWIFT system. This development positions Pi for global transaction capabilities.
Recent Price History
Similar price movements have occurred before in PI’s short history. In May, the team hinted at a major announcement. The token surged by triple digits in days.
However, that rally peaked at $1.70 before reversing. The subsequent decline brought the price lower than its starting point. This pattern raises questions about whether the current 20% gain can hold.
The token has been one of the biggest underperformers during 2025’s broader crypto rally. While other assets reached new highs, PI continued its downtrend through most of the year.
The November 22 ISO 20022 rollout date is approaching. The project’s user base continues growing alongside progress toward financial standardization. Community confidence appears steady based on the mainnet migration numbers.
