- Over 270M Pi tokens unlocked in July led to a price drop to $0.47 amid rising market cap and weak liquidity.
- Technicals show bearish momentum, with RSI at 33.03 and support near $0.4650; downside to $0.35 remains possible.
- Community eyes Binance and Coinbase listings, which could drive Pi’s price up to $3–$5 with strong market demand.
Pi Network’s native token is under heavy selling pressure after a wave of token unlocks led to a swift price correction. On July 5, 270 million Pi tokens entered circulation, intensifying supply.
This came just a day after another 18.2 million were released as part of a broader 268 million token schedule for July. As a result, Pi’s price dropped by 2.19% in 24 hours and 11.94% over the past week, settling around $0.47.
The market cap is at $3.59 billion, while trading volume rose 3.55% to $76.72 million, indicating increased activity amid mounting sell-side risk.
Token Unlock Drives Market Volatility
The sudden release of hundreds of millions of tokens introduced immediate selling pressure across smaller exchanges. Over 6 million Pi worth $2.8 million moved into trading platforms within 24 hours.
According to Pi news on X, wallets now hold 366 million PI, up 1.6% in a single day. Historical data from May to June 2025 shows previous unlocks caused price drops ranging from 13% to 30%.
Despite heavy activity, Pi remains confined to lesser-known exchanges. Its price ranges between $0.40 and $1 across platforms with relatively low liquidity. The lack of major exchange support continues to restrict broader market exposure and price discovery.
Listing Speculation Fuels Community Expectations
Community interest remains focused on the possibility of listings on major platforms such as Binance or Coinbase. A Binance community poll showed strong demand for Pi’s inclusion.
If listed, access to Binance’s 275 million users or Coinbase’s 120 million could draw significant new buying interest. Historically, newly listed tokens on Binance have posted gains exceeding 40% within the first 24 hours.
Analysts believe that if Pi reaches larger exchanges, its price could rise to between $3 and $5. Some forecasts even mention a potential climb to $10, assuming strong market momentum and sustained community backing.
Technical Indicators Point to Weak Momentum
Pi’s current trend shows a consistent formation of lower highs and lows, indicating extended bearish conditions. Support is at $0.4650, with resistance near $0.50 and $0.55. The RSI is at 33.03, nearing oversold levels, while MACD lines remain in negative alignment.
The trading volume, now at 454,900, shows no clear sign of accumulation or breakout. CoinCodex forecasts a short-term downside, predicting Pi could fall to $0.35 in the next month. However, the 1-year outlook is more optimistic, placing Pi above $1 by mid-2026.
Pi Network’s 2025 Potential
Current technicals show limited momentum and sustained sell-side pressure driven by large token unlocks and lack of major listings. Exchange wallets continue to absorb millions in supply, keeping prices suppressed.
Although the market hopes for potential listings on Binance or Coinbase, the technical outlook is bearish. Unless fundamental catalysts emerge, such as listings or mainnet progress, Pi Network is likely to stay in a consolidation phase into mid 2025.
