Story Highlights
- Pi Coin rallies 6.4% to $0.6439 despite looming unlock of 7.8M tokens on April 19
- Daily unlocks flooding exchanges with 6.8M coins, pushing total exchange reserves to 368M
- Pi Network remains unlisted on Binance despite winning community vote due to enclosed mainnet
- Analysts predict potential drop to $0.30 before possible recovery in August 2025
The Pi Network ecosystem is at a crossroads as its token shows surprising resilience ahead of a significant unlocking event. Despite severe sell pressure in recent weeks, Pi has managed a 6.4% gain in the last 24 hours, bringing its price to $0.6439.
Unlock Event Creates Selling Pressure
Today’s scheduled release of 7.8 million Pi coins represents just one wave in an ongoing flood of tokens hitting the market. According to market analyst Dr. Altcoin, approximately 6.8 million Pi tokens are being unlocked daily, with most heading directly to centralized exchanges.
This systematic influx has already pushed exchange reserves from 354 million to 368 million coins in recent days, while total circulating supply has ballooned to 6.88 billion. The fundamental issue is straightforward: supply is overwhelmingly outpacing demand.
“The market is simply overwhelmed by sellers,” noted Dr. Altcoin. “Until the unlock pressure eases, it’s going to be difficult for Pi to find any sustainable upward momentum.”
Long-Term Outlook Remains Mixed
If current trends continue, analysts predict Pi could fall to $0.30 or even lower in the coming months. Technical analysis shows concerning patterns, with some traders identifying a “falling wedge pattern” on daily charts that typically indicates continued downward movement.
However, the long-term picture isn’t entirely bleak. Market observers suggest that by late August 2025, the daily unlocking rate is expected to slow significantly, potentially providing the market the breathing room it needs to stabilize and begin recovery.
Exchange Listing Challenges Persist
Even after winning a community vote, Pi Network remains unlisted on Binance. This absence from major exchanges isn’t coincidental—Pi continues to operate on an enclosed mainnet, preventing users from freely trading or transferring their coins.
Binance and other major exchanges maintain strict listing requirements, including full mainnet launch, strong liquidity, legal compliance, and clear transparency. Until Pi Network addresses these fundamental issues, major exchange listings will likely remain elusive.
While today’s price movement shows momentary strength, the combination of significant unlocks and limited exchange access creates substantial headwinds for Pi’s near-term prospects. The coming months will be crucial in determining whether the network can overcome these fundamental challenges.