The Pi Network token has experienced a pronounced decline since its mainnet launch in February 2025, a downturn largely attributed to lockup-related sell-offs by early miners and ensuing market volatility. Following a brief surge that saw the price peak near $3.00, the token underwent a steep correction exceeding 80%, as a significant volume of tokens entered exchanges due to early miner liquidation. This influx of released supply exerted intense downward pressure on the market, destabilizing token circulation and undermining investor confidence. By May 2025, the price settled around $0.60, reflecting a more tempered market valuation amid limited immediate utility for the token. The initial surge and subsequent fall illustrate Pi Coin’s historically high volatility since its launch. Regulatory uncertainty surrounding cryptocurrencies like Pi Network continues to weigh heavily on investor sentiment.
Pi Network’s token price sharply dropped post-launch due to early miner sell-offs and market volatility.
The aftermath of the Consensus 2025 conference further exacerbated market uncertainty. Despite announcements highlighting advancements in AI integration, DeFi applications, digital identity frameworks, and real-world use cases, the absence of concrete roadmaps or definitive launch timelines disappointed many stakeholders. The founder’s declaration of achieving decentralization by disabling the central coordinating node was overshadowed by a lack of actionable plans, prompting a sharp 45% price retracement from recent highs and testing critical support near $0.70. This technical threshold has become a focal point for market participants, with bearish sentiment prevailing amid concerns over sustained volatility and the potential for deeper corrections.
In response to the destabilizing effects of token releases, the Pi Network team initiated buyback programs intended to absorb excess supply and stabilize prices. While these measures provided some relief and curtailed rapid declines, they fell short of restoring pre-launch valuations. Market forecasts remain cautious, with projections suggesting a further slide to $0.27–$0.36 within 2025 under prevailing bearish conditions. Notably, long-term price targets ranging from $2 to $5 hinge on moderate adoption and ecosystem maturation, whereas highly speculative valuations lack current credibility. Compliance with evolving regulatory frameworks may also impact future development and market performance.
As of mid-2025, Pi Network’s trading range fluctuates between $0.35 and $0.74, reflecting ongoing lockup challenges and investor wariness. The token’s future stability and growth depend heavily on the project’s ability to deliver clearer development milestones and foster increased adoption, factors that remain critical amid a landscape marked by technical and sentiment-driven headwinds.
