Pi Coin heads towards $30 if banks join

With the price drop of the Pi network today, the cryptocurrency is currently facing a monthly value drop of 45%. However, when we compare the current value with the value of the previous 7 days, we see a Pi price increase of 2.41%. Also, the community seems to remain optimistic about Pi's future. One reason for this optimism is the possibility of institutions and banks adopting Pi tokens. This belief is due to the fact that one of the main utilities of the Pi token today is the fact that it is adopted by several vendors. Therefore, over time, this adoption will be seen in larger institutions, giving us a bullish Pi price prediction. What are the main reasons why Pi value decreases? The Pi network price has fallen since hitting an all-time high of $2.99 in early February. The reason is that the initial launch attracted too much hype, leading to a tendency to take profits among investors. In addition, there are other problems, like not listing on leading centralized exchanges. This problem has been exacerbated by the lack of communication between developers and the community. In addition, the number of tokens unlocked daily, some days reaches 10 million. As a result, the community lacks the energy to attract new buyers Would the price of Pi Coin reach $30 if banks stepped in? However, the Pi network has expanded and increased adoption in the United States. Additionally, Pi tokens can now be used to purchase real estate from Florida-based real estate firm Zito Realty. This is a big development for Pi as it is now part of the trillion-dollar traditional real estate industry. Therefore, if this progressive company achieves success, other real estate companies will also start accepting Pi tokens as a payment method. Some community members believe that Pi could even go further and attract the attention of financial institutions If Pi's presence in businesses becomes large enough, it will eventually be applied to the banking system. As a result, leading US banks such as JPMorgan and Bank of America may start using the Pi network for payments. If such adoption happens, the rise of Pi could reach new highs never before seen in the cryptocurrency industry. Based on Grok3's Pi price prediction, if the adoption of baking becomes a reality, the Pi network price could reach $30. Such a level of adoption is not impossible, as the Pi token has already been adopted by Chainlink and the Ethereum network. Can you predict the next Pi price surge? In addition to fundamentals and high levels of acceptance worldwide, technical factors also support the bullish view. One such indicator is the MACD, which, although in the negative zone, is still rising. This means that selling pressure is weakening and is likely to recover. However, to confirm the trend has reversed into a bullish MACD, it needs to break through zero

Based on Chart 1, the Pi price is currently trying to sustain above the $0.60 support level. To achieve a recovery, the Pi token needs to remain above this level and even close above it. In the next Pi rally, the first resistance will be $0.64 and the next resistance will be $0.73. Will Pi Token be widely adopted? With the increasing adoption of Pi token with new vendors and customers, this young cryptocurrency is set to succeed. However, if issues such as miscommunication are not addressed, the entire system can suffer. Also, in order for Pi to start being used in financial institutions, it needs to be upgraded to fit such uses. Therefore, this token is still in its early stages, and if something isn't really bad, it will survive and grow.