Over the past 24 hours, Pi Network has cooled down, following its explosive 90% rally in the past week. But analysts are unfazed by the pullback. Historically, such corrections are natural after rallies, and Pi still remains up 59% over the last month.
While Bitcoin, Ethereum, and Solana continue to dominate conversations, Pi Network is carving out a niche with its mobile mining app and decentralized Pi browser, aiming to bring real-world utility and mass adoption closer to reality.
However, Pi’s year-to-date performance tells a different story. After institutional investors initially pumped massive amounts into Pi Network, its price sharply declined. But since bottoming out at around $0.40, Pi has climbed back to nearly $1.20, breaking through major resistance levels and moving averages.
Technical analysts have identified a parallel channel pattern forming on Pi’s chart. If the token breaks out of this formation, the price could surge another 234%, potentially reaching $5.27 per token. That would equate to a market cap of roughly $39 billion — putting it in the same league as other established projects.
As of May 14, 2025, at 13:00, a total of 5.17 billion Pi tokens — valued at approximately $6.19 billion — are currently locked. Over the next 30 days, around 265.44 million Pi (worth about $317.92 million) are scheduled to be unlocked, which accounts for 5.13% of the total locked supply.
On average, about 8.85 million Pi tokens (equivalent to $10.6 million) will be unlocked daily. The highest single-day unlock is expected on May 16, with approximately 14.75 million Pi tokens — valued at $17.67 million — set to be released. This upcoming unlock activity could lead to increased price volatility in the Pi market, as a surge in token availability often influences market dynamics and investor sentiment.
Pi’s price could reach up to $5.27, based on technical patterns and a 234% breakout, leading to a market cap of $39B.
The Pi network price in India in 2030 could be a maximum of $22.00.
If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year.
As of now, Pi coin is not officially banned or regulated in India, but users should stay updated on local cryptocurrency laws.
Bitcoin price surged and has begun to accumulate, whereas Ethereum is displaying more strength comparatively.…
Massive returns within half a year is ambitious, but Ethereum (ETH) and Mutuum Finance (MUTM)…
As the Consensus Summit kicks off today, i.e., on May 14, eyes are all on…
For months, the global spotlight has been locked on the brewing trade tension between the…
An armed gang tried to kidnap the daughter and grandson of a well-known French crypto…
A recent academic study from Ulster University has revealed that the Bank of France is…
