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PI Hovers Near $0.15 as 195M-Token Unlock Wave Strains Liquidity

Large scheduled releases threaten fresh selling pressure in a market still missing top-tier exchange depth.

Overview

  • Pi Network’s token trades around $0.15 after roughly a 12% slide over the past week, reflecting persistent weakness.
  • PiScan shows about 195.65 million PI set to unlock over the next 30 days, an average of 6.52 million per day and roughly $29.3 million of potential new supply at current prices.
  • Exchange addresses saw 2.55 million PI leave in 24 hours, yet migration pulses of 4.36 million and 7.65 million on consecutive days are adding more transferable tokens than outflows remove.
  • Protocol 23 went live with native smart contracts and parallel processing, and the Pi Core Team says most mainnet nodes have now upgraded to v23.
  • With trading concentrated on OKX, Bitget, and Gate.io and no listings on Binance or Coinbase, liquidity stays thin and chart signals point to risk of a drop toward support near $0.13 if selling continues.