Pi Network token unlock – What you need to know

Today's 2.8 million PI token unlock may seem modest, but it's just the tip of the iceberg. Throughout April 2025, over 108.9 million PI tokens are set to be released

With 5.6 million Pi Network tokens set to be unlocked today, market watchers are split - Will this influx spark renewed momentum, or trigger a wave of profit-taking?

This comes as the price action has held firm at the $0.60 support level, but the coming hours could define the short-term trajectory. As PI Network is preparing for heightened volatility and potentially, a shift in sentiment.

What you need to know about Pi token unlockThe total of 2.8 million PI tokens set to be unlocked today may seem modest, but it’s just the beginning. Throughout April 2025, over 108.9 million PI tokens are set to be released, according to data from PI Scan.

This month marks the beginning of an aggressive unlock schedule that will see more than 1.56 billion PI tokens enter circulation over the next year.

Source: Pi Scan

Monthly unlocks are expected to average 134.39 million tokens, peaking in December 2027 with a massive 432.3 million release.

With 190.9M, 226.6M, and 233.4M tokens scheduled for May, June, and July respectively, supply pressure could steadily build – Testing investor conviction.

Past unlocks show mixed reactions as roadmap concerns mount

Past reactions to token unlocks have been mixed, showcasing how market dynamics and broader sentiment play a role.

The 19 April unlock of 7.8 million tokens led to a 6% price hike, suggesting that in the short term, bullish sentiment prevailed despite the new supply. However, the 16 April release of 2.8 million tokens triggered a price dip of over 2%, showcasing how even minor shifts in supply can quickly impact market dynamics.

However, sentiment is now being shaped by more than just token flows.

Pi Network’s long-awaited migration roadmap was meant to usher users into the open Mainnet era. Instead, vague timelines and inconsistent token visibility have sparked confusion. Many “pioneers” are voicing frustration over the lack of clarity on when their tokens become usable – Adding pressure to a community already bracing for more supply.

PI price outlook

At press time, Pi Coin was hovering just above $0.63 after shedding over 75% of its early March gains. The RSI sat at 43.8, indicating muted momentum and keeping the asset in neutral territory – Neither oversold nor ripe for a rebound.

Meanwhile, the OBV has steadily declined to -13.66M, reflecting weaker buying pressure amid steady sell-offs.

With no strong volume support and broader market uncertainty around unlocks, the $0.60 support zone could face a test. A breakdown below might open the door to further downside unless bullish conviction returns swiftly.