Pi Network Expands Mobix Program to Boost Real World Crypto Use Global Push

TLDR

Table of Contents

2.16 million PI tokens moved to CEXs in 24 hours, totaling 432 million PI
154.07 million PI tokens scheduled for unlock in March
PI trades above $0.1533 support after 15% pullback from $0.1919
Mobix deploys local representatives to support real world Pi payments

Pi Network is advancing a real-world commerce strategy as market pressure builds on its token. The update comes as exchange inflows rise and monthly token unlocks increase supply. The News should be in the angle of Pi Network Bets on Real World Utility to Stand Apart in Crypto Market Edge, as the project promotes usage over speculation.

Pi Network Expands Mobix for Real Commerce

Pi Network has introduced a broader Mobix program to support real-world transactions. The initiative focuses on enabling users to buy goods and services with Pi. The update seeks to shift attention from price swings to practical usage.

Mobix uses local representatives across different countries. These volunteers assist buyers and sellers with coordination and delivery. They also help reduce delays and improve communication. The model aims to support smoother cross-border trade.

The approach aligns with Pi Network’s focus on ecosystem utility. The platform promotes active transactions within its enclosed environment. It aims to build infrastructure before wider market expansion.

Building a Localized Global Commerce Layer

Mobix strengthens regional operations through volunteer participation. Representatives provide market-specific information to merchants and customers. They also guide users through order processing steps.

Localized support may reduce friction in international transactions. It can also address language barriers and logistical gaps. This structure supports trust within local communities.

However, the program depends on unpaid contributors. Performance may vary between regions. Some areas may experience slower coordination due to limited participation.

Pi Network remains in a controlled stage of development. The enclosed network limits full open-market activity. This structure may delay broader commercial integration.

Token Supply Growth and Exchange Inflows

While Mobix expands, token data shows rising supply pressure. PiScan reports that 2.16 million PI tokens moved to centralized exchanges in 24 hours. Total CEX holdings now exceed 432 million PI. The tokens are valued at about $70.80 million.

Large inflows to exchanges often signal selling activity. Increased supply on trading platforms can add downward pressure. This trend has raised caution among market participants.

Monthly unlock data adds to supply growth. About 32.36 million PI tokens remain scheduled for release in February. Another 154.07 million PI tokens are set to unlock in March. Steady unlocks increase circulating supply each month.

Growing supply may weigh on price stability. Market absorption depends on trading demand and ecosystem usage. Real-world spending could help balance supply growth.

Technical Outlook and Price Levels

Pi Network trades slightly higher in recent sessions. The token is up nearly 1% on Wednesday. It also recorded about 2% gains in the previous session.

PI holds above the $0.1533 support level. This level aligns with the October 10 low. The token earlier reversed from the $0.1919 resistance zone. That move resulted in a near 15% decline.

If PI falls below the $0.1538 support area, downside risk may increase. The next key level stands near the $0.1300 record low from February 6. Daily chart indicators continue to show a bearish bias.