As a surge of tokens threatens to upset the market, Pi Coin token unlock is moving into a critical phase. Beginning on May 6, 2025, the project started releasing millions of Pi tokens daily, generating significant selling pressure and casting doubt on its short-term pricing strategy.
On the first day alone, nearly 10.5 million tokens, worth around $5.87 million, were put to use. This is not a one-off occurrence. Similar volumes are anticipated to find their way onto the market every day over the month. By the end of May, around 231 million tokens will have been unlocked. June will quickly follow with another 222 million during the next 12 months. The entire supply is expected to rise by 1.4 billion tokens, presently valued at over $850 million.
Particularly in cases of demand not rising at the same rate, such a spike in circulating supply usually causes pricing to be pressured down. Many early holders could view this as a selling chance, which would raise the possibility of a market correction.
Pi Coin Price Trends: Still Struggling Below Key Levels
Pi Coin sells at about $0.5802 right now, down more than 80% from its all-time high. Trading volume has stayed minimal, and since early April, the coin has been caught in a limited range. This pattern implies Pi might be in the “accumulation” phase of the Wyckoff Market Cycle, in which case seasoned investors gently build assets in the hope of a future breakout. Though the present price range lacks momentum, it might also suggest that the coin is consolidating before a major move, either upward or downward, mostly depending on how the market absorbs the token unlocks and impending news.
Exchange Rumors Fuel Hope Amid Token Pressure
Pi Network is displaying indications of strength in spite of approaching challenges. It recently exceeded 120 million app downloads, a noteworthy mark reflecting the project’s worldwide attractiveness.
Rumor of significant exchange listings adds to the hope. Formerly Huobi, HTX has suggested potentially listing Pi Coin; test pages on Binance, the biggest crypto exchange worldwide, have revealed Pi-related material. These events indicate increasing institutional interest, even though they are not formally confirmed.
A Binance listing would be a main driver, maybe increasing demand, legitimacy, and liquidity. More exchange availability could provide both institutional and retail investors with access, therefore supplying. Pi with the market exposure required to gather above-levels of resistance.
Can Pi Break Past the $1 Mark?
Some in the Pi community are extremely enthusiastic, with pricing forecasts as high as $314,159—a symbolic number related to the project’s branding. While this may be more meme than projection, analysts say a feasible near-term aim might be $1, but only if the coin breaks over its current barrier at $0.7932.
Said otherwise, the state of affairs makes this climb difficult. The continuous token unlocks, along with unclear market sentiment, might keep values down unless robust demand returns.
Stay Ahead of the Curve with Pi Coin
Pi Coin finds itself at a turning point. Whether the market responds to the token unlocks and whether rumors of trade listings materialize into actual momentum will determine whether bounces or continuous downward pressure result.