Pi Network Partners With OpenUSD for Pioneer Rewards and Expanded Utility
- —PI fell 1.75% to $0.88 while trading volume rose 19% to $5.88 million
- —Open interest on PI dropped from $36 million in mid-September to $25 million
- —OUSD is backed by Coinbase, Ripple, Visa and Mastercard
- —Pi Network's v28 upgrade is scheduled for October 16
Why it matters: The OUSD partnership could broaden Pi's ecosystem utility, but falling open interest and bearish RSI signals continue to weigh on the price.
Source: CoinGape