Pi Network’s cryptocurrency, PI, has taken a sharp fall, now trading at around $0.68. This marks a massive 74% drop from its all-time high of $2.98 in February 2025. For a project that once sparked excitement with its vision of a decentralized digital currency, this steep decline is raising serious concerns.
What’s causing this sudden crash?
From massive token unlocks to fading investor interest, several factors are at play – some of which could shape Pi’s future in a big way. Here’s what’s happening and what it could mean for the road ahead.
One of the biggest reasons for PI’s downturn is the upcoming release of over 124 million tokens this month. Over the next year, a total of 1.6 billion tokens are expected to be unlocked, which could put even more pressure on prices.
At the same time, trading activity has slowed down. The early excitement around Pi Network appears to be fading, with fewer transactions taking place and investor interest cooling off.
The Pi Core Team recently announced the success of PiFest on the Open Network. The event saw over 125,000 registered sellers, more than 58,000 active sellers, and 1.8 million Pioneers using the Map of Pi. This highlights the real-world use of Pi, but despite these achievements, the announcement did little to boost confidence in the token.
Crypto analyst Dr. Altcoin pointed out that since PiFest began, trading activity in the Pi ecosystem has actually declined. Most transactions now involve people selling PI for cash rather than using it for goods or services.
Many Pi Network supporters are unhappy with the way the project is being handled. Dr. Altcoin has criticized the Pi Core Team, saying that the leadership appears disconnected from the concerns of its community.
Pioneers are calling for more transparency and leadership from experts with real cryptocurrency experience. They want meaningful updates that spark excitement, rather than the routine reports they’ve been getting.
Adding to the concerns, Pi’s mining rate has dropped by 1.18% this month, now at 0.0029030 π per hour. This continues a trend of mining rate reductions, making it harder for users to earn new tokens.
Meanwhile, hopes of seeing Pi listed on major exchanges like Binance or Coinbase have not materialized. Although the BTCC exchange has added PI for spot trading, this has not helped push up the coin’s price.
Over the past seven days, PI has fallen by 20%, breaking below the $0.70 mark. The heavy selling pressure has caused daily trading volumes to drop by 52% to $148 million.
Some key price levels to watch include:
The price chart is showing a falling wedge pattern, with PI currently testing $0.687. If it manages to break above $0.71 with strong volume, a short-term rally to $0.75 or higher could be possible.
A growing concern for Pi Network is its increasing supply of tokens. The project has a maximum supply of 100 billion coins, with 6.7 billion currently in circulation. As more tokens get unlocked, inflation is becoming a serious issue.
Some cryptocurrencies counteract inflation by burning tokens, but it is unclear whether Pi Network has plans for this. Some possible solutions include burning tokens that haven’t been moved to the mainnet by June or using ecosystem fees to fund token burns.
Without such measures, Pi’s inflation problem could worsen and put even more downward pressure on the price.
With PI’s price struggling and concerns growing, all eyes are now on Nicolas Kokkalis, the co-founder of Pi Network. He is expected to speak in the project’s first-ever X Space, where he may discuss:
Analysts like Dr. Altcoin have warned that if Pi Network does not take action soon, the price could continue falling to $0.60 by April 7. Investors and community members are hoping for strong leadership and bold decisions that could help turn things around.
Inflation is rising, prices are falling, and trust is slipping. If Pi wants to survive, it needs more than just promises—it needs a real plan.
Pi Coin price dropped 74% due to factors like token unlocks, reduced trading activity, and leadership issues within Pi Network.
Pi Coin hasn’t been listed on Binance or Coinbase yet, but it is traded on BTCC; listings could boost its price but are uncertain.
Pi Network could combat inflation by burning unsold tokens, implementing token supply management, or using ecosystem fees for burns.
Following a 13-hour debate, the U.S. House Financial Services Committee has passed the STABLE Act…
Yesterday, the US government imposed reciprocal tariffs on some of its prominent trade partners, including…
Ripple USD (RLUSD) has seen a huge boost, with over $100 million issued since April…
Since the inauguration of the new president of the US, the markets have remained highly…
With the introduction of easy memecoin generation, Solana took off last January post pumpfun launch…
The U.S. House Financial Services Committee has pushed forward the STABLE Act, a major step…
