PI Jumps 14% in 24 Hours as MiCA Approves and AI Partnership

What to Know

  • MiCA compliance could unlock EU exchange listings, giving PI access to regulated markets.
  • Pi Network’s updated whitepaper meets strict EU standards, including KYC/KYB rules and GDPR-aligned data protection.
  • AI partnership with OpenMind allows Pi Nodes to earn tokens by powering AI and robotics workloads.

 

Pi Network (PI) has climbed roughly 14% in the past 24 hours. The surge is mainly being driven by the regulatory approval in Europe via MiCA.

PI’s steady rise was supported by consistent buying around the $0.225 price zone. Retail and mid-sized traders appeared quick to buy whenever price pulled back. This kind of “dip-buying” behaviour has helped PI maintain upward momentum during recent consolidation.

Regulatory Milestone unlocks EU listings

Pi Network recently announced in its updated whitepaper that it is fully compliant and in the process of seeking formal registration under Europe’s MiCA framework. The whitepaper also talks about mobile-mined token distribution, strict KYC/KYB rules, non-custodial wallets, audits, and utility-only token status. This step could allow PI to be traded on regulated exchanges in the EU and EEA, which would give it access to a wider range of investors. The document says that Pi tokens do not give you ownership, governance rights, or dividends. They are only meant to be used for payments within the ecosystem.

Dr. Altcoin on X highlighted the energy efficiency laid out in the MiCA whitepaper. Annual energy usage of Pi is about 0.0024 TWh, compared to Bitcoin’s 185 TWh. ” This means Pi Network uses 99.9% less energy than Bitcoin, a powerful indicator of its eco-friendly design. Pi Network clearly aligns with the United Nations’ decarbonization and net-zero goals, making it one of the most energy-efficient blockchains in the world.”

Before the MiCA filing, the project had already collaborated with Maetzler Rechtsanwalts from Austria and Prighter Ltd from the UK. In parallel, SocialChain finished its full GDPR certification. They ensured the processing of users’ data is in tune with high privacy requirements within the EU. This follows the launch of the Valour Pi ETP on Sweden’s Spotlight Stock Market back in August. The product gives European brokerage customers the first regulated exposure to the Pi token.

AI Partnership

The team behind Pi Network recently announced a tie-up with OpenMind, a company working on decentralized robotics and AI infrastructure.
In this deal, Pi’s network of reportedly 350,000 active nodes can potentially be used to run AI and robotics workloads, meaning node operators can earn tokens for tasks beyond simply supporting the ledger. This shift toward utility is helping change perceptions of PI moving it from “just another token” toward “token with a use case.” By transforming unused computing power into productive work, this effort (1) enables AI products to source and fulfill their computation demands from Pi Nodes by paying Node runners in Pi, and (2) allows Pi Node runners to opt in to earn Pi from an additional Node utility, apart from Node mining rewards.

Technical Breakout

In technical terms, PI seems to be coming out of a period of consolidation. PI broke through its 7-day SMA of $0.225, and the 7-day RSI was at 69.1, which meant that the momentum was strong. The MACD histogram went up by 0.00166, which shows that bullish pressure is still there. RSI above 65 means that people are still interested in buying, and MACD crossover often comes before short-term rallies. The price is now testing resistance at $0.268  and if it breaks through, it could go to $0.291.

Investors should watch for a daily close above $0.268 to confirm the trend. If this doesn’t happen, the price could drop back to the $0.235 support level. As of this writing, Pi is worth about $0.2540.

Conclusion

The recent jump in PI is not just a random spike; it reflects how regulatory clarity via MiCA and a strong AI partnership adds real potential utility. For the first time in a while, the market seems to believe that Pi Network is moving from concept toward execution.

For users and holders, this is a moment to watch closely. If the EU listings materialize, PI could see a sustained move upward. If any piece of that puzzle fails to execute, the bounce could fade.

Also Read: Bitcoin Crashes Below $89K Despite Abu Dhabi’s 3X ETF Stake

Source: https://www.cryptonewsz.com/pi-jumps-as-mica-approves-ai-partnership/