Pi network KYB partnerships drive utility as token eyes recovery, price surge

A few Pi Network KYB partnerships are giving pioneers a glimmer of hope as the project adds Zypto, a popular multichain crypto wallet, to its list of verified Know Your Business (KYB) entities.

The move, which marks the 9th KYB partnership, comes at a critical time for the ecosystem as Pi Coin (PI) attempts to recover from a steep monthly downturn.

In the second paragraph, Pi Network KYB partnerships continue to emerge as one of the most vital developments in the project’s evolution.

The latest integration with Zypto enables users to execute multichain DeFi swaps for PI, load VISA cards, pay bills, and purchase non-reloadable cards, making the native token more usable than ever before.

“More coming soon. We’re looking forward to continuing to provide useful tools for Pioneers and all crypto users for years to come,” said Zypto via X (formerly Twitter).

Zypto joins growing list of Pi network KYB partnerships

Zypto’s addition follows recent KYB integrations with Onramper and Onramp.money, both of which aim to simplify fiat-to-crypto conversions within the Pi ecosystem.

These Pi Network KYB partnerships not only legitimize the platform’s growth trajectory but also improve accessibility and real-world utility for its millions of users.

Data confirms a 2.3% price rebound for PI in the past 24 hours, lifting the token to $0.50. Although modest, the recovery is significant, given the 22% drop PI experienced in the last month.

Experts note this mini-rally is more likely fueled by improved macroeconomic sentiment rather than partnerships alone, but there’s no denying that these collaborations enhance the project’s fundamentals.

Token unlock could challenge momentum

Despite the upside from Pi Network KYB partnerships, the token faces looming headwinds.

According to PiScan, over 300 million PI tokens — worth approximately $153 million — are set to be unlocked in the next 30 days.

This includes a massive 19.4 million PI unlock scheduled for July 4, which could exert immense sell pressure on the market.

“Mass unlock events usually invite volatility. While KYB integrations help long-term value, short-term price stability is questionable,” said crypto analyst Ishan Agarwal in a statement to Cointelegraph.

Community torn over GCV valuation

As price action seesaws, Pi Network KYB partnerships are not the only hot topic in the community.

A contentious debate continues to rage over the Global Consensus Value (GCV) — a community-proposed value of $314,159 per PI.

While supporters argue that this valuation is backed by over 7.7 million on-chain microtransactions, critics label it unrealistic.

“GCV is not fiction. It’s born from reality… Each transaction is real. It involves real goods. Real people. Real Pi. And yes — real value,” posted one proponent on the Pi community forum.

However, others remain skeptical.

“With this price, Pi’s market cap would be $31.4 quadrillion—314 times the global GDP. That’s just impossible,” countered a user on Reddit.

Prominent Pi community figure Dr. Altcoin added more fuel to the fire:

“The GCV cult group fails to realize the Pi Core Team (PCT) has already sold millions of Pi tokens for less than $2 to raise venture capital. Even they don’t believe in the absurd GCV narrative.”

Divided communities, united by KYB growth

Despite growing internal disagreements, Pi Network KYB partnerships remain one of the few unifying pillars of the community.

These partnerships offer tangible value — onboarding real businesses, enabling real utility, and fostering broader adoption.

Analysts believe that continued onboarding of KYB partners will play a critical role in shaping the network’s future:

“KYB validation isn’t just about compliance. It’s a trust-building mechanism. If Pi continues adding reputable firms, it could shift perception significantly,” noted Maya Thomas, blockchain advisor at Chainwave Labs.

In summary, Pi Network KYB partnerships have sparked cautious optimism across the Pi ecosystem.

While token unlocks and internal rifts over GCV valuation present real risks, the surge in verified business integrations — including Zypto — suggests the network is far from stagnation.

For now, Pi Network’s future appears tethered to how well it can balance its growing ecosystem utility with the harsh realities of market economics.