Pi Coin Price Prediction: What’s Next as Over 1.4B Pi Tokens Hit the Market?

Pi Coin (PI), the native cryptocurrency of the Pi Network, is currently trading at $0.5834, reflecting a modest 0.9% increase over the past 24 hours.

Following the launch of its Open Mainnet on February 20, 2025, Pi Coin has witnessed significant price volatility.

Pi entered the market at $1.852, placing its market capitalization above $11 billion. 

It quickly surged to a high of $2.98 within six days, briefly ranking among the world’s top 10 cryptocurrencies by fully diluted valuation (FDV), which exceeded $250 billion, temporarily placing it ahead of well-established assets like Solana and BNB.

However, the price declined soon after, dropping below $2 and then falling under the $1 mark on March 22. 

It eventually reached a low of $0.4012 on April 5, a day marked by one of the year’s worst crypto market downturns, often referred to as “Black Monday.”

What Drives Pi Network’s Growth?

Despite facing difficult market conditions, Pi Coin has emerged as one of the top 30 most recognized cryptocurrencies globally.

It has since secured listings on major exchanges like Bitget, OKX, and MEXC.

Most recently, BANXA, a leading crypto on-ramp platform, obtained Know Your Business (KYB) approval, allowing Pi Coin to be legally purchased in over 100 countries.

KYB is a compliance measure that ensures businesses meet regulatory standards by verifying their identity and legitimacy. 

This process mirrors the Know Your Customer (KYC) protocol required for individuals participating in Pi mining.

Only KYB-approved entities are permitted to facilitate legal Pi transactions. 

This dual compliance framework strengthens the project’s commitment to transparency, security, and fraud prevention, an approach that aligns with Pi Network’s broader vision for a trusted crypto ecosystem.

Pi Coin Price Prediction: Will the Binance Rumors and Token Unlocks Spark a Bull Run?

Pi Network’s user base continues to grow, now surpassing 55 million users. 

Despite skepticism from some industry leaders, including Bybit CEO Ben Zhou, the project now features thousands of applications within its ecosystem. 

Its open network is now fully operational, setting the stage for a new phase of global adoption.

Speculation is mounting that Binance, the world’s largest crypto exchange, may soon list Pi. 

Several users recently reported seeing test pages and backend updates on Binance referencing Pi (PI). While no official announcement has been made, the market is abuzz with anticipation.

However, Pi Coin is currently at a critical turning point as a large volume of tokens is scheduled to be unlocked in the coming months, potentially increasing selling pressure. 

On May 6 alone, over 10.5 million tokens, valued at approximately $5.87 million, were unlocked.

According to data from PiScan:212.2 million tokens will be unlocked in May, 222.6 million in June, and 233.4 million in July.

Together, more than 1.4 billion Pi tokens, worth over $850 million, are expected to enter circulation within the next year. 

This surge in supply may prompt early adopters to sell, which could weigh on the token’s price if not offset by increased demand.

Pi Coin Price Prediction: Is $PI Headed for $0.70 or Further Decline?

On the 4-hour PI/USDT chart, Pi Coin appears to be consolidating within a symmetrical triangle, a chart pattern that typically precedes a breakout.

The lower trendline rises from $0.558, while the upper trendline descends from $0.62, forming a tightening price range where neither buyers nor sellers currently dominate.

The key resistance to monitor is $0.6541. 

A breakout and close above this level, ideally accompanied by a spike in trading volume, could invalidate the recent downtrend and trigger a potential rally toward the $0.68 to $0.70 region.

Coinwaft Final Thoughts on Pi Coin Price Prediction

Supporting the Pi coin bullish scenario are the 20 and 50 simple moving averages (SMAs), which are hovering near the current price and showing minimal downward pressure.

Meanwhile, the 100 and 200 SMAs, located at approximately $0.6157 and $0.6239, respectively, may act as interim resistance levels before any breakout above $0.6541.