Can Pi Network’s ISO 20022 upgrade measure up to XRP Ledger and Stellar Network?

The Pi Network price has bounced back significantly after hitting the 0.618 Fibonacci Golden Pocket, indicating a potential reversal towards the $0.29 resistance level. This bullish reaction is crucial as it suggests that the cryptocurrency is gaining momentum and could be on the path to recovery, attracting the attention of investors looking for promising opportunities in the market.

Pi Network is gearing up for an upgrade to align with ISO 20022 by November 2025, raising questions about its competitiveness against established players like XRP Ledger and Stellar Network in the realm of cross-border finance. This upgrade is significant as it could enhance Pi Network's capabilities and interoperability, potentially positioning it as a viable option in the evolving landscape of digital currencies. The outcome of this upgrade will be closely watched by industry experts and users alike.

Ripple has made headlines by completing its acquisition of Hidden Road, now rebranded as Ripple Prime. This milestone marks Ripple as the first crypto-based company to operate a global, multi-asset prime brokerage platform. This development is significant as it not only expands Ripple's influence in the financial sector but also showcases the growing acceptance of cryptocurrency in traditional finance, potentially paving the way for more innovations in the industry.

Ripple is making waves in the global finance sector, and CEO Brad Garlinghouse has highlighted the company's top five acquisitions that are driving this growth. As the XRP Ledger gains traction, these strategic moves are not just about expansion; they are pivotal in shaping Ripple's future and solidifying XRP's importance in the crypto payment landscape. This matters because it showcases Ripple's commitment to innovation and leadership in a rapidly evolving market.

The Pi Network has hit a snag as its price faced a significant rejection at $0.29, raising concerns about a potential deeper correction. This downturn is crucial as it indicates a shift in market sentiment, with the price possibly heading towards the $0.19 support level. Investors should pay close attention to these developments, as they could impact trading strategies and overall market confidence.

Pi coin is showing promising signs of a price surge as it has formed a bullish MACD crossover on its daily chart, indicating a potential breakout from a falling channel. This development is significant for investors and enthusiasts in the cryptocurrency market, as it suggests that the token could experience substantial growth in the coming week, making it a topic of interest for those tracking crypto trends.

The proposed Batch amendment for the XRP Ledger is generating excitement as it introduces atomic transaction capabilities, which could revolutionize NFT-to-NFT trading. This advancement not only enhances the functionality of the XRP Ledger but also opens up new possibilities for creators and collectors in the NFT space, making transactions more efficient and secure.

ETHZilla, an Ethereum-focused treasury firm, has sold around $40 million worth of ether to fund share buybacks, aiming to address a significant discount to its net asset value (NAV). Since October 24, the company has repurchased about 600,000 common shares for approximately $12 million, with plans to continue this strategy as long as the discount remains. This move highlights the ongoing challenges and strategies within the cryptocurrency market, particularly for firms managing digital assets.

A Beijing court has sentenced five individuals for their involvement in $166 million worth of disguised foreign exchange transactions, highlighting China's ongoing efforts to regulate unauthorized digital currency transfers. This crackdown is significant as it demonstrates the government's commitment to controlling cross-border financial activities, which is crucial for maintaining economic stability and preventing illicit financial flows.

Bitwise's Solana ETF has made a remarkable entrance into the market with $69.5 million in inflows on its first day. This strong debut reflects a growing confidence among investors in blockchain technology and suggests that mainstream adoption may be on the horizon. As more people recognize the potential of cryptocurrencies, this could pave the way for further innovations and investments in the sector.

The recent surge in the AI micropayments sector, with x402 tokens driving growth from $178 million to $832 million in just three days, highlights a significant shift in how digital transactions are evolving. This rapid increase not only showcases the potential of micropayments in the cryptocurrency landscape but also indicates a growing acceptance and integration of AI technologies in financial systems. As more users and businesses adopt these innovations, it could lead to a more efficient and accessible digital economy.

Ethereum is experiencing a downturn, having dropped below the critical $4,000 mark after a correction from $4,250. This decline raises concerns among investors, as further drops could occur if the price falls below $3,920. The breach of key support levels indicates a weakening market sentiment, making it crucial for traders to monitor these price movements closely.

Excitement is in the air as institutional investors prepare for the launch of exchange-traded funds (ETFs) linked to Solana, Litecoin, and Hedera on U.S. exchanges this week. This development is particularly noteworthy given the partial shutdown of the U.S. Securities and Exchange Commission (SEC), which adds an element of intrigue to the market. The introduction of these ETFs could signal a growing acceptance of cryptocurrencies in mainstream finance, potentially attracting more investors and boosting the overall market.