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Pi Network Sees Modest Price Recovery Amid Expanding KYB Partnerships

Pi Network Sees Modest Price Recovery Amid Expanding KYB Partnerships WikiBit 2025-07-03 22:27

The Pi Network has added a 9th business to the Know Your Business (KYB) verified list: Zypto, a cryptocurrency wallet and payment application. This

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Pi Network Sees Modest Price Recovery Amid Expanding KYB Partnerships

The Pi Network has added a 9th business to the Know Your Business (KYB) verified list: Zypto, a cryptocurrency wallet and payment application.

This development comes alongside a modest price recovery for the Pi Networks native token, Pi Coin (PI).

Zypto Enters Pi Networks KYB List

Zypto App shared this milestone via an X (formerly Twitter) post. With the latest integration, users can now perform multichain decentralized finance (DeFi) swaps for PI and use the altcoin to load Zypto VISA cards. Furthermore, the platform allows users to buy non-reloadable cards and pay bills.

“More coming soon. Were looking forward to continuing to provide useful tools for Pioneers and all crypto users for years to come,” Zypto wrote.

The move follows the network‘s recent additions of Onramper and Onramp.money, signaling a growing integration of verified financial services within the Pi ecosystem. Moreover, these integrations enhance PI’s utility and user accessibility, further amplifying its appeal.

Amidst this expansion, Pi Coin has also seen modest gains after a 22% decline over the past month. Latest data from BeInCrypto shows that PI has recovered 2.3% over the past day, moving further away from its all-time low.

At the time of writing, the mobile-mined cryptocurrency traded at $0.50. The gains are not isolated. PIs rally is part of a broader market surge driven by favorable macroeconomic conditions, not just the Zypto integration.

Pi Network Price Performance. Source: BeInCrypto

Nonetheless, an impending token unlock may challenge the Pi Networks price rise. According to PiScan data, the team will release over 300 million PI tokens, valued at approximately $153 million, over the next 30 days.

Notably, 19.4 million tokens, the highest single-day unlock in this period, are set to be released tomorrow, July 4. This influx could increase selling pressure, potentially reversing recent gains.

Pi Network Token Unlock. Source: PiScanPi Network Community Debate Intensifies Over GCV Price

As Pi Coins price continues to face the market headwinds, the community is embroiled in a heated debate over the Global Consensus Value (GCV). For context, GCV is a community-proposed valuation of $314,159 per PI coin.

This symbolic target has sparked significant division among Pioneers.

“GCV is not fiction. Its born from reality. From over 7.7 million microtransactions, verified on-chain, by node-level audits, from August 2022 to June 2025. Each GCV transaction is real. It involves real goods. Real people. Real Pi. And yes — real value. Some ask — did GCV exist first, or did the transactions create it? The truth? The transactions came first. Pioneers and merchants agreed to trade real products for Pi. And from that, GCV was born,” a user posted.

However, the movement has also attracted substantial criticism, with many citing that GCV is not economically feasible.

“With this price, Pi‘s market cap would be $31.4 quadrillion—314 times the global GDP (~$100T, World Bank 2025). That’s just impossible,” another user added.

Furthermore, a prominent Pioneer, Dr Altcoin, has even labeled GCV proponents ‘delusional.’

The delusional GCV cult will still be waiting for Pi to magically hit $314,159 even after the PCT moderators clear message.

Their stupidity truly knows no bounds!.

@PiCoreTeam @nkokkalis @Chengdiao

— Dr Altcoin (@Dr_Picoin) June 30, 2025

“What the GCV cult group fails to realize is that the PCT has already sold millions of Pi coins for less than $2 each to raise funds for the $100 million Pi Network Ventures. Even the PCT doesnt believe in your absurd GCV nonsense,” he noted.

The difference in opinion highlights a broader divide in Pioneers‘ expectations, with some focusing on bold projections for PI’s future and others emphasizing a more cautious, reality-based approach. This internal strife could impact community cohesion, which has been a core strength of the Pi Network.

The post Pi Network Sees Modest Price Recovery Amid Expanding KYB Partnerships appeared first on BeInCrypto.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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