The recent drop in the price of the PI network (PI) has raised questions among investors and developers, especially since the token faces increased volatility in the midst of structural changes in supply dynamics. While the Pi transitions through the critical phases of its deployment of the ecosystem, events at the network level and chain activity have a measurable influence on its market behavior. These changes reflect broader challenges in maintaining the balance between supply and demand supply, especially in a network that always matures to its main open network and its complete usefulness.
Currently, the Pi price is negotiated approximately $ 0.4561 and maintains a strong downward trend. So what makes the Pi price lower?
Unlocking major tokens fueling sales pressure
The most critical factor behind the PI decline is the unlocking of massive tokens currently underway. Between June 28 and July 15, 2025, more than 337 million Pi tokens are planned for the release on the market.
In particular, July 4 experienced the greatest daily release – more than 19 million pi, for around $ 10 million. While these newly unlocked tokens flood the market, many holders rush to sell, resulting in excessive and downward pressure on the price. However, it should be noted that this unlocking is the most important until 2027, which marks it a central month for PI holders.
In chain indicates the activity of initiates
Channel data shows a worrying trend: large wallets – including those that are perhaps linked to the PI Core team – have moved millions of pi to exchanges like OKX and Gate.io. Although the official explanations remain unclear, this suggests that the sale of potential initiates, the outbreak of distrust and speculative outings by retail holders.
At the same time, exchange entries have increased, more confirming increased sales liquidity. This, with the unlocking of the tokens, should offer sufficient upward pressure, keeping the price limited below the beach.
What is the next
Community feeling took a hit. Despite years of promise, PI remains unlisted on major exchanges like Binance and Coinbase, which limits the accessibility and confidence of investors. Meanwhile, media threshing events like PI2day have also not generated expected gatherings, and the real world uses are still at the start of the stages. Meanwhile, techniques have also become Bearish, which alludes to another possibility.
The historic PI table does not point to a rebound shortly, and therefore, despite a small increase, the Bears tend to extract profit in no time. The graphic above shows that the PI price is stuck in a fall corner and could be very close to the Apex. Bollinger’s bands are in parallel, referring to a drop in volatility, while the RSI also made a background, soon suggesting a potential reversal. However, the momentum is low, and therefore, if the PI price lowers the decline, it can visit the support levels around $ 0.35.
On the other hand, the trend can remain under a downward influence until the PI price does not eliminate resistance at $ 0.47.
