
Jakarta, Pintu News – In a surprising recent development, Pi Network managed to rank first in Zypto VISA card usage, beating Ripple and DASH. Despite a significant price drop, Pi Network showed its strength in everyday use.
The online poll revealed crypto users’ preferences in topping up their Zypto VISA card balance over the past week.
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Pi Network recorded an impressive feat by taking the top spot in the Zypto VISA card usage poll, beating competitors such as DASH and even the better known Ripple (XRP). This result surprised many considering that Pi Network is a newcomer to this arena.
DASH itself, which had a strong track record in the previous few weeks, had to settle for a lower position this time. Despite Pi Network’s success in terms of usage, their token price saw a drastic drop.
On May 31, 2025, the Pi token price dropped by 22% to $0.65. This drop coincided with a massive sell-off in crypto markets globally, which wiped more than $170 billion off the total market value.
Also read: New strategy from VivoPower and Reitar, XRP ETF coming soon?
Pi Network’s price drop comes amid unfavorable market conditions, with the total crypto market capitalization experiencing a sharp decline. Factors such as the lack of updates from the Pi Network team and its non-listing on major crypto exchanges have kept liquidity low.
This has also reduced institutional investors’ interest in getting involved in the project. Analysts warn that if the selling pressure continues, Pi prices could fall below the current support level of $0.55, and possibly reach a historical low of $0.40.
However, a strong buying response could possibly push the price back up to $0.86, although such a rebound seems unlikely unless the current downward trend can be reversed.
Also read: New strategy from VivoPower and Reitar, XRP ETF coming soon?
Despite the price drop, Pi Network still showed strong performance in real use cases such as Zypto VISA card transactions. This shows that the project still has appeal among everyday users.
However, the widening disparity between increasing utility and decreasing token prices raises difficult questions about the long-term trust and confidence that investors place in the project.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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