TLDR
- PI network price has dropped from $ 3 to $ 0.63 since February’s Maine launch
- Major Ecosystem Announcement Expected May 14 at Consensus Toronto
- Binance-linked wallets are reportedly testing PI transactions
- Technical indicators show consolidation phase that may precede breakout
- Over 668 Million Pi -Tokens is unlocked from May to July 2025
PI Network Cryptocurrency has experienced a steep decline since its main network launch in February 2025. The price has dropped from $ 3 to about $ 0.63, which has reduced its market valuation from $ 15 billion to $ 4 billion. This decline has caused losses for early investors and pioneers in the project.
Despite this decline, several factors indicate that PI coins may be prepared for a potential price recycling in the coming weeks.
The most immediate catalyst is an upcoming announcement from the PI Network Development Team. They have planned a large ecosystem message for May 14 during the Toronto consensus event.
A PI ecosystem message will be released on May 14. Set to find out what’s coming next! pic.twitter.com/5jn7m5mlmd
– Pi Network (@picoreteam) May 7, 2025
Although the exact nature of this announcement remains unknown, it has already led to market interest. The token price increased by over 10% on Thursday when speculation increased.
The announcement can mean several possible developments. One possibility is the creation of an ecosystem fund, similar to those established by other major Cryptocurrency projects. Such a fund would provide financial support to developers who build applications in the PI network.
Another possibility is a list of one or more large Cryptocurrency exchanges. HTX, formerly known as Huobi, has published cryptic messages on social media as some interpreters as tips on a potential PI list.
Exchange lists speculation
The prospects for exchange lists represent an important potential driver for PI Network’s price.
Researchers Cryptoad00 shared results on May 7, which indicates that Binance may test PI transactions. According to the researcher, a binance star deposits matches a PI network wallet showing activity on the PI memo. This wallet was reportedly created two months ago.
A second wallet has also shown similar activity and sent 1 pi in what seems to be a verification test. While neither Binance nor Pi Network has confirmed these claims, the Cryptocurrency is looking closely.
Another social platform called Pi Barter Mall claimed on May 1 that PI Network and Binance were in the “final step” of the negotiations, although this has not been verified by any of the parties.
Several factors have made exchanges that hesitate to list PI in recent months. Concerns about tokenomics that benefit insiders have been raised, with insiders, which reportedly owns over SEK 35 billion of the 100 billion tokens. Some exchanges, such as Bybit, have expressed skepticism about the project.
Low liquidity has also been a problem. Coinmarketcap data shows that daily trading volume has dropped from $ 1.3 billion to just $ 45 million – a decrease of 96%.
Despite these problems, many top exchanges are usually undergoing long review processes for new tokens, and PI networks can still be considered by large platforms.
Technical analysis points to potential breakout
From a technical analysis perspective, PI Network’s price chart shows characters that can precede a positive move.
Token has been in a consolidation phase for several weeks. According to the Wyckoff Theory principles, this pattern represents with low volume price movement and sideways often an accumulation phase before a potential marking period characterized by increased purchase interest.
Technical indicators also show constriction of Bollinger this year, which often precedes increased volatility. The price diagram has formed a falling wedge pattern with two falling, converging trend lines – a pattern that usually resolves with a haus -like outbreak when the lines converge.
These technical elements, in combination with the basic catalysts mentioned earlier, indicate the possibility of upward price movement in the coming weeks.
Token unlock pressure looms
While a positive development can support the price growth, PI Network is facing pressure from upcoming token lock. According to Blockchain data from Piscan, more than 668 million pi tokens are planned to unlock from May to July 2025.
This includes 212.2 million in May 222.6 million in June and 233.4 million in July. These unlocks will increase the circulating supply at a time when the volume of trade has decreased dramatically.
Centralized exchanges gradually gather more PI tokens. Currently, the piece holds over 95 million pi while OKX has about 154 million. Placing reserves have more than doubled since February, which raises concerns about potential sales pressure when tokens unlock.
At the time of writing, PI is traded at $ 0.58, with minimal price change since the beginning of May. The original price for Hausseartan expectations is $ 1.
