Price of 1 Pi Network (PI) in Indonesia Today (4/28/25)

Jakarta, Pintu News – As of today, April 28, 2025, the price of 1 Pi Network (PI) in Indonesia is approximately 10,100 IDR. Pi’s price movement has garnered renewed attention amid market dynamics, particularly after BitMart officially reinstated Pi Coin trading on its platform.

This policy was a breath of fresh air for holders, at the same time news broke that Banxa, one of the global crypto asset payment providers, decided to suspend Pi transactions.

Both of these events create new uncertainty in the Pi Network community, but also open up opportunities for greater price volatility in the next few days.

How much is 1 PI in Indonesia today?

The current price of Pi Network (PI) is listed at $0.6268, representing a 3.50% decrease in the last 24 hours. The price movement chart for the day shows a fairly consistent downward trend, with slight fluctuations, but remains within a downward range. After briefly being in the $0.645 area, the price dropped gradually until it touched the $0.627 level.

In terms of fundamentals, Pi’s market cap stands at $4.36 billion, with daily trading volume increasing by around 18.84% to $60.92 million. The volume-to-market cap ratio was recorded at 1.38%, indicating that trading activity is moderately active relative to the market value. Pi Network also has a total supply of 100 billion PI, with the circulating supply currently at around 6.96 billion PI.

Community sentiment towards Pi remains very positive, with 88% of the 3.9 million votes indicating a bullish view.

Read also: 4 Potential Memecoins of May 2025, Much Coveted by Crypto Traders?

BitMart Revives Pi Coin Trading

After a one-month suspension pending Know Your Business (KYB) approval, BitMart has now resumed trading Pi Coin. This move is expected to aid in the recovery of Pi Coin’s price, which may reach the $1 mark.

Dr. Altcoin, a crypto expert, stated that this could be a positive signal for investors looking forward to Pi Coin’s future stability and growth. Official KYB approval for BitMart appears to be imminent.

This will hopefully boost investor confidence and expand Pi Coin’s accessibility in the global market. With the strong support from the community and this potential approval, the future of Pi Coin looks to be even brighter.

Also read: 5 Memecoins that rise when the market crashes in April 2025, FART is one of them?

Suspension of Pi Transactions by Banxa

Banxa, a primary fiat on-ramp provider, recently suspended Pi Coin transactions, also due to pending Know Your Business (KYB) approval. This decision has reduced liquidity and created additional barriers for users seeking to purchase Pi Coin with fiat currency.

However, there is hope that Banxa will come back stronger once approval is granted. Dr. Altcoin notes that despite this setback, Banxa has previously purchased millions of Pi at low prices.

If KYB approval is granted, this could trigger a significant price surge. This increases optimism among Pi investors who are looking forward to a price rebound.

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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.

Reference:

• Coinpedia. Pi Coin Resumes Trading on BitMart After Banxa Suspension: What’s Next for Pi Network. Accessed on April 28, 2025
• Featured Image: Coinpedia