Factors Shaping Pi Network's Price Movement Today - Examining Anticipated PI Price Surge
In the cryptocurrency world, the Pi Network (PI) has experienced a significant downturn in its price throughout 2025. This decline can primarily be attributed to two key factors: a major token unlock event and potential insider selling pressure associated with it.
Recently, approximately 270 million Pi tokens were unlocked, leading to a substantial supply shock in the market. This sudden increase in the circulating supply has put downward pressure on the token price, as holders could sell these newly unlocked tokens [2]. Furthermore, over 6 million Pi tokens worth approximately $2.8 million were moved to exchanges within 24 hours following the unlock, suggesting that some insiders or early holders might be selling their tokens to realise profits, adding to the sell-side pressure and contributing to the price decline [2].
The market reaction to these events was swift and bearish. The price dropped to around $0.47 (from a high near $1.70 earlier in the year), with technical indicators like RSI and MACD showing continued bearish momentum. The price trading below key moving averages and near the lower Bollinger Band indicates sustained selling pressure [2].
Despite Pi Network's progress towards real-world adoption, such as moving into the “Open Network” phase, onboarding over 10 million KYC-verified users, and encouraging dApp development, delays in the full mainnet launch and mixed investor sentiment have dampened enthusiasm, limiting price recovery [1].
Currently, the Pi price is stuck within a falling wedge and could be very near the apex. However, the historical chart of PI does not point towards a rebound shortly, as the trend has remained under bearish influence. The Pi price may not clear the resistance at $0.47 until reduced selling pressure and positive catalyst events like the full mainnet launch or major exchange listings occur [2][1].
The upcoming token unlock, scheduled from June 28 to July 15, 2025, will release over 337 million PI tokens into the market, potentially leading to an oversupply and downward pressure on the Pi price. This token unlock is worth approximately $10 million, making July a pivotal month for Pi holders [2].
The Pi Network faces heightened volatility amid structural changes in supply dynamics. On-chain data suggests potential insider selling, causing distrust and speculative exits by retail holders. Exchange inflows have spiked, further confirming increased sell-side liquidity [2].
Community sentiment has taken a hit due to Pi's unlisting on major exchanges like Binance and Coinbase, limiting accessibility and investor confidence. The decline in the Pi Network price has raised questions among investors and developers [2].
Despite these challenges, there is optimism for a rebound. The RSI has bottomed out, suggesting a potential reversal soon, but the momentum is weak. If the Pi price breaks lower, it may visit support levels around $0.35. Real-world use cases for Pi are still in early stages, but they offer potential for future growth [2].
In conclusion, the Pi Network's price is currently trading around $0.4561, and the combination of the large token unlock increasing available supply and possible insider selling has been the predominant factor in the recent downward trend. While network development efforts continue and there is optimism for a rebound, price recovery will likely depend on reduced selling pressure and positive catalyst events like full mainnet launch or major exchange listings [2][1].
In the context of the Pi Network's price decline, the recent token unlock event led to a substantial increase in supply, putting downward pressure on the token price as holders sold the newly unlocked tokens [2]. Furthermore, the movement of over 6 million Pi tokens worth approximately $2.8 million to exchanges within 24 hours post-unlock suggests potential insider selling, adding to the sell-side pressure and contributing to the price decline [2].
