Story Highlights
- In spite of a forthcoming unlock of 7.8 million tokens slated for April 19, Pi Coin climbed 6.4% to trade at $0.6439.
- Every day, 6.8M newly unlocked coins pour onto the exchanges, pushing exchange reserves up to 368 million coins.
- Despite its recent community vote win, Pi Network still sits unlisted on Binance owing to the fact that its mainnet remains enclosed.
- Analysts expect a potential slide to $0.30, with a possible rebound expected in August 2025.
At a decisive juncture, the Pi Network’s ecosystem finds its token displaying unexpected robustness in the days leading up to a major unlocking event. In spite of acute sell pressure over the last few weeks, Pi has rallied by 6.4% over the past day to reach $0.6439.
The unlock event is placing downward pressure on the market.
The planned issuance of 7.8 million Pi coins this morning marks merely one feeding channel in a constant torrent of tokens flooding onto marketplaces. Market analyst Dr. Altcoin notes that roughly 6.8 million Pi tokens unlock on a daily basis, most of them making their way straight to centralized exchanges.
In the past few days, this systematic injection has swelled exchange reserves from 354 million to 368 million coins and sent the total circulating supply soaring to 6.88 billion. The crux of the problem is plain and simple: supply vastly exceeds demand.
Dr. Altcoin observed that the market is merely drowning in a flood of sellers. “As long as the unlock pressure remains, it will be challenging for Pi to attain any lasting uptick.”
The Long-Term Outlook Stays Mixed
Should present trends persist, analysts anticipate that Pi may drop to $0.30 or even slip below that in the months ahead. Technical charts reveal troubling signals: some traders spot a “falling wedge pattern” on daily charts, which typically signals further downward momentum.
Nevertheless, the prognosis for the long term is not entirely bleak. Analysts anticipate that, come late August 2025, the daily release pace will markedly decline, affording the market the breathing room required to stabilize and start its recovery.
Issues surrounding exchange listings continue to linger.
Despite gathering enough community support to secure its win in the Binance vote, Pi Network still has yet to secure a listing on Binance. Pi’s exclusion from the major exchanges is intentional—the project remains off-limits to users, who cannot freely trade or transfer their tokens.
Binance and other prominent exchanges uphold stringent listing standards that demand a complete mainnet official launch, robust liquidity, adherence to legal regulations, and unambiguous transparency. New major credentialed exchange listings will probably elude Pi Network until it resolves these core challenges.
Even with today’s price surge, Pi faces formidable headwinds from its massive unlocks and the lack of exchange liquidity, curbing its prospects over the near term. The forthcoming months will be pivotal in showing whether the network can rise to meet these fundamental hurdles.