PI網絡在4月19日解鎖活動之前面臨重大價格壓力

隨著780萬個PI硬幣定於4月19日解鎖，PI網絡正在提高波動性。

The Pi Network is bracing for increased volatility with 7.8 million Pi coins set to be unlocked on April 19—part of a broader trend of daily token releases that has significantly impacted market dynamics.

PI網絡正在支撐增加波動率，將於4月19日解鎖780萬個PI硬幣，這是每日代幣發行的更廣泛趨勢，這對市場動態產生了重大影響。

According to crypto market analyst Dr. Altcoin, most of these newly unlocked Pi tokens are heading straight to centralized exchanges, increasing the amount of liquid supply available to sellers.

根據加密市場分析師Altcoin博士的說法，這些新解鎖的PI代幣中的大多數都直接前往集中式交易所，從而增加了賣方可用的液體供應量。

Surging Supply, Weakening Demand

供應激增，需求削弱

According to Dr. Altcoin, about 6.8 million coins are unlocked each day, and most of them are immediately sold on exchanges, placing intense sell pressure on the market.

根據Altcoin博士的說法，每天約有680萬枚硬幣被解鎖，大多數硬幣立即在交易所中出售，在市場上施加了巨大的賣出壓力。

This glut of supply has outstripped current market demand, leading to price declines and failed attempts at rallying.

這種供應的盛宴超出了當前的市場需求，導致價格下降和集會嘗試失敗。

“The market is simply unable to cope with the overwhelming sell-side pressure,” said Dr. Altcoin. “Until the unlock pressure eases, it’s going to be difficult for Pi to find any sustainable upward momentum.”

Altcoin博士說：“市場根本無法應付壓倒性的賣方壓力。” “直到解鎖壓力減輕，PI很難找到任何可持續的勢頭。”

However, there may be a sliver of hope on the horizon. Dr. Altcoin predicts that by late August 2025, the daily unlocking rate is expected to slow down significantly, potentially providing the much-needed respite for the market to stabilize and begin a gradual recovery.

但是，地平線可能會有一條希望。 Altcoin博士預測，到2025年8月下旬，預計每日解鎖率將大大放緩，有可能為市場提供急需的喘息，以穩定並開始逐步恢復。

“If the unlock rate drops and buyer interest starts picking up again, perhaps Pi can begin laying the groundwork for long-term growth,” he added.

他補充說：“如果解鎖利率下降，買方的利息開始再次提高，也許PI可以開始為長期增長奠定基礎。”

According to data from Token Terminal, Pi Network has seen minimal activity in terms of on-chain development, which may be a concern for long-term adoption and ecosystem growth. Additionally, the majority of these unlocked tokens are expected to flow to spot exchanges, further pressuring the market in the short term.

根據Token終端的數據，PI網絡在鏈開發方面的活動最少，這可能是長期採用和生態系統增長的關注。此外，這些解鎖的代幣中的大多數有望流向現場交流，從而在短期內進一步向市場施加了巨大壓力。

Only time will tell if the Pi Network can successfully navigate this critical juncture and emerge with sustained price recovery and increased user engagement to match its vast user base.

只有時間才能確定PI網絡是否可以成功地瀏覽這一關鍵關頭，並隨著價格恢復的持續恢復和增加的用戶參與度而出現，以匹配其龐大的用戶群。