Pi Network, formerly considered to be a calm outsider, is now faced with one of its greatest tests to date. From the end of June, around 337 million Pi tokens will be unlocked – and this is only the start.
With more than 1.4 billion tokens that should arrive on the market during the coming year, many PI holders ask the same question: can the price survive this pressure, or is a major drop in progress?
337 million Pi tokens to unlock in July
According to the Scan PI, a large number of Pi tokens will be unlocked in June and July 2025, with around 337 million Pi tokens with unleashed – approximately 4.1% of the PI circulation supply.
Meanwhile, the current total volume of the 337 million Pi tokens to come will be around $ 179 million in the market.
It’s not just a routine event. Historically, large unlocks like this were followed by net price reductions through many tokens. Some have lost between 30% and 77% of their value in similar situations.
Many in the PI community are now afraid that this upcoming unlocking leads to heavy sales with the first holders or initiates of the project.
No exchange list, no solid partnerships
The addition of the concern is the fact that Pi is still not listed on major exchanges. This means that there is limited liquidity, which makes it more difficult for the market to absorb significant sales volumes.
In addition to that, there was no major corporate partnerships or new capital entries to support demand.
Even during Pi2day – one of the most symbolic events of the PI community – The piece has not seen a significant price rally. Without major catalysts, the feeling around PI seems to fade.
Impact on PI parts prices
Meanwhile, token unlocks often have an impact on how traders feel and can quickly move prices, especially for more recent and more volatile parts like PI. Meanwhile, at the end of June and late July, 337 million new Pi tokens arrive on the market.
If many of these unlocked tokens are sold immediately on a market with a low volume of negotiation, the price could drop sharply, perhaps even to return to its lowest level of $ 0.37.
Currently, PI has a circulating offer of 7.68 billion tokens and a market capitalization of approximately $ 4.06 billion. Currently, Pi Coin is negotiated nearly $ 0.533.
The token to come unlocked in front of
According to Pi Scan, a large number of Pi tokens will be unlocked in the coming months:
- About 33 million in June
- Almost 305 million in July
- Over 132 million in August
In total, more than 1.4 billion tokens should be unlocked in the next year.
