Pi Network Token Unlocks: 775 Million PI Supply Wave Could Decide Price Direction in 2026

Pi Network is entering a major supply transition, with around 775.8 million PI tokens expected to unlock by the end of 2026, according to data shared from PiScan. These unlocks are based on claimable balances, including user-locked balances and tokens distributed by the Pi Core Team.

The upcoming unlocks could increase the amount of Pi available to holders, potentially affecting market supply. However, token unlocks do not automatically mean immediate selling, as some users may continue holding, locking, or using Pi within the ecosystem. 

Current Unlock Data Shows More Supply Entering the Market

According to PiScan data:

• Total locked Pi: 6.17 billion Pi
• Unlocks over the next 30 days: 127.5 million Pi
• Estimated value of upcoming unlocks: Around $10.5 million
• Average daily unlock: Around 4.25 million Pi
• Highest daily unlock in the tracked period: Around 103 million Pi

The unlock schedule can change as more balances become claimable, so future release estimates may continue to adjust.

Token unlocks are important because they increase circulating supply. If new supply enters the market faster than demand grows, prices can face additional pressure.

Analysts Share Mixed Views on Pi Outlook

Crypto analyst Travladd has warned that Pi’s long-term unlock schedule could create selling pressure. He estimates that around $505 million worth of Pi could unlock between now and June 2029, including approximately $1713 million over the next 12 months. His view is that higher prices could increase the dollar value of future unlocks, which may encourage some holders to sell.

Meanwhile, another analyst sees improving technical momentum. He noted that PI is forming a rising wedge pattern after recovering from recent lows $0.0751, with buyers defending support levels $0.07. A breakout above $0.0834 resistance with stronger trading volume could improve the short-term outlook.

Price Levels Traders Are Watching

Trader Ography pointed out that the upcoming 127.5 million Pi unlock over the next 30 days is an event the market is closely monitoring. According to the trader, the key support zone to watch is around $0.075–$0.078.

If buyers continue defending this level, sentiment could stabilize. However, a breakdown below this area could increase selling pressure and lead to higher volatility. The focus, according to the analysis, remains on price action and trading volume rather than short-term market emotions.

What Could Decide Pi’s Next Move?

The supply pressure is arriving alongside Pi Network’s latest technology upgrade. Protocol v25, deployed in July 2026, strengthens network infrastructure and adds support for privacy-preserving smart-contract functionality, potentially improving the network’s long-term appeal to developers.

This creates a direct battle between new supply and new utility. If ecosystem usage expands, the market may be able to absorb more unlocked PI. If demand remains weak, the scheduled releases could continue to weigh on price.