Why did the price of the PI decrease despite the main developments? star-news.press/wp

The PI network has expanded from the KNOW’s Business (KYB) menu that was confirmed with the addition of ONRAMPER and Onramp.Money.

The latter can allow users to buy and sell PI directly (PI) using local FIAT coins, which increases the enhancement and adoption of the network.

The PI Network Kyb menu adds two new names

The latest addition brings the total number of companies verified integrated with the Pi Mainnet to eight. Official kyb existing It now includes Onramper, onramp.Mone, along with firm names such as OKX, Bitget, Banxa, Gate.IO, Mexc and Pionex.

It is worth noting that the inclusion of Onramp.Money is very important for the network. For context, Onramp.Money is a global platform to Crypto that enables individuals and companies to buy, sell and exchange more than 400 digital assets.

The platform is active in more than 60 countries, including India, Turkey, the United States, Brazil and more. Moreover, it supports many local payment options like UPI and Imps in India, VietQR in Vietnam, etc.

The option to buy Coin Pi has already appeared on the platform, with more than 25 supported currencies. However, it is not available for purchase against the US dollar.

However, the pioneers celebrated this integration as a decisive landmark of the network.

“A big leap forward in making PI easier and ever used than ever. This integration means faster, easier and safer for PI ecosystem, which is a user to publish.

This is the latest in a series of developments on the network recently. Beincrypto mentioned that before Pi2day, the team presented a new feature to synchronize customer knowledge (KYC) via the PI browser and the main PI app.

Moreover, the PI desktop (previously known as PI Node) has received an update that adds full support to change the window size, a public key on the error exploring and repair page, and the improved Docker.

The PI browser also got full account management capabilities. In Pi2day, the team launched the PI App studio and the ecosystem guide.

Despite these successive passes, the price struggles of the PI network continued. PI organized a recovery last week, jumping 15.8 % a day. However, he was unable to stick to the gains.

Beincrypto data has shown that the value of PI has decreased by 4.3 % over the past 24 hours. At the time of writing this report, Altcoin was trading at $ 0.51. The trading volume decreased by 4.9 % to only 96 million dollars. This indicates a decrease in trading interest.

The recent positive ads had the required impact on feelings, so it may be that the market could still wait for a stronger catalyst. What is this trigger remains to see.