Pi Coin (PI) Price Soars 6% as New Buyers Enter the Market

The price bump comes just ahead of a key event: 7.8 million Pi coins are set to unlock on April 19.

Pi Coin price is showing signs of life after rising 6% in the past 24 hours. It’s now trading at $0.64, and the move has sparked fresh interest from the Pi Network community. Some traders are wondering if this could be the start of a new rally—but not everyone is convinced.

At least one factor that could hamper any recovery attempt is the ongoing trend of daily Pi coins unlocks. Another 7.8 million coins are set to unlock on April 19. This follows an ongoing trend of daily unlocks—around 6.8 million coins released each day.

According to market analyst Dr. Altcoin, most of these newly unlocked coins are heading straight to centralized exchanges, pushing up sell pressure. In the last few days, the amount of Pi available on exchanges has risen from 354 million to 368 million. Meanwhile, total circulating supply has reached 6.88 billion coins. As a result, the market is becoming oversold.

This lack of demand is making it difficult for any rally to hold.

If this trend continues, Dr. Altcoin warns that Pi could fall to $0.30 or even lower. However, he believes a recovery could begin around late August 2025, when the daily unlocking rate is expected to slow down significantly.

This would also mark the time period when Binance is likely to finally list Pi.

The project was the subject of a community vote on Binance in March, with the majority of voters wanting the exchange to list Pi. However, despite the vote, Binance hasn't yet added the token to its platform.

This is because Pi Network is still running on an enclosed mainnet. Users can’t freely trade or transfer their coins yet.

Binance, like other major exchanges, requires projects to meet several conditions before listing—such as a full mainnet launch, strong liquidity, legal compliance, and clear transparency. Until Pi Network checks those boxes, it’s unlikely to be listed.