Pi Network Faces Pressure, Despite Declining Public Interest, Many Pioneers Still Expect a Significant Price Increase

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Pi Network, the crypto project known for its vast user community, is facing significant pressure in the second quarter of 2025. Despite the decline in public interest in the project, many Pioneers still expect a massive price increase. Here’s a breakdown of the key factors influencing Pi’s price and the varying expectations.

Pi Network: A Glimpse

Pi Network is a cryptocurrency project that uses a modified Proof-of-Work consensus to allow users to mine Pi tokens using their mobile devices. The project, founded by Stanford graduates, launched its mainnet in December 2024, marking a crucial step toward realizing the project's vision.

Pi Network's project claims to be focused on providing financial inclusion to the underbanked and unbanked populations globally. The project's community is a strength, with over 70 million Pioneers registered worldwide. However, the project has also faced criticism for its slow development and lack of transparency.

Massive Increase in Pi Tokens

May will see the unlocking of 212.2 million Pi tokens, followed by 222.6 million in June and 233.4 million in July, according to data from PiScan. This period will witness the largest influx of Pi tokens until September 2027.

This surge in supply, along with the growing presence of Pi tokens on exchanges, places immense pressure on the price. Currently, Pi's total balance on the centralized crypto exchange (CEX) has surpassed 387 million tokens, more than doubling in less than three months since February.

Among the exchanges, Bitget holds over 95 million Pi, while OKX holds nearly 154 million. This increase suggests that many investors may be getting ready to sell, which could further decrease the price despite a possible short-term recovery.

The lack of liquidity growth and the substantial increase in outstanding supply are more pressing concerns. Data from CoinMarketCap shows that Pi Coin's trading volume has decreased drastically from over $1.3 billion at launch to approximately $45 million- a 96% reduction.

Expectations of the Pi Investor Community

Despite the challenges, the Pi investor community remains optimistic. Their hopes are pinned on an unconfirmed rumor that emerged in May, mentioning a possibility of Binance listing Pi.

A Pi investor account with over 100,000 followers on X stated that the Pi Core Team and Binance are in the final stages of negotiations. "Soon! Pi will be listed on Binance Exchange, PCT is in final round of negotiations with Binance," said Pi Barter Mall.

Another factor supporting the bullish view is the upcoming appearance of Dr. Nicolas Kokkalis, founder of Pi Network, at Consensus 2025.

Since launching the main net, Pi Network has achieved several significant milestones, including integration with Chainlink and Telegram's crypto wallet, which also integrates Pi.

Pi Price Prediction in May

The Pi price has remained stable at around $0.58 since early May, reflecting the cautious sentiment among Pi traders this month.

Despite the immense pressure from increasing supply and decreasing trading volumes, the Pi community still hopes that new factors, such as a potential listing on Binance and a public appearance by the founder, could drive the price up.

The market's ability to absorb the newly opened supply will be crucial in determining whether Pi can maintain or increase its value in the future. Investors and market watchers will continue to monitor this situation closely. As the crypto project navigates these challenges, the coming months will be pivotal in shaping the fate of Pi Network and its token.