Transaction Volume Declines, Pi Network (PI) Hit by Selling Pressure as Q2 Enters?

Updated

May 8, 2025

Gambar Transaction Volume Declines, Pi Network (PI) Hit by Selling Pressure as Q2 Enters?

Jakarta, Pintu News – Pi Network, a crypto project known for its large user community, is facing major pressure in the second quarter of 2025. Despite declining public interest in the project, many Pioneers still expect a significant price increase.

Check out the full analysis here!

Decline in Pi Network Trading Volume

pi unlock statistics — Source: BeInCrypto

Data from PiScan shows that 212.2 million Pi tokens will be unlocked in May, 222.6 million in June, and 233.4 million in July. This period will see the largest number of Pi token openings until September 2027. This increase in supply, along with the growing number of Pi tokens on exchanges, puts immense pressure on the price.

Currently, Pi’s total balance on the centralized crypto exchange (CEX) has exceeded 387 million tokens, a twofold increase in less than three months since February. Bitget currently holds over 95 million Pi, while OKX holds nearly 154 million.

This increase suggests that many investors may be ready to sell, which increases the downside risk to prices despite a possible short-term recovery. More worrying is the lack of liquidity growth and the outstanding supply increase.

Data from CoinMarketCap shows that Pi Coin’s trading volume has plummeted from over $1.3 billion at launch to around $45 million-a drop of 96%.

Also read: Is Elon Musk’s Influence on Coin Memes Starting to Fade?

Expectations of the Pi Investor Community

Soon! $pi will be listed on Binance Exchange, PCT is in final negotiation with Binance https://t.co/1UowV8JgVj
— Pi Barter Mall来购酷买 (@pibartermall) May 1, 2025

Despite facing challenges, the Pi investor community still maintains an optimistic outlook. Their hopes are primarily based on an unconfirmed rumor that surfaced in May, which mentioned that Binance might list Pi.

A Pi investor account with over 100,000 followers on X stated that the Pi Core Team and Binance are in the final stages of negotiations. “Soon! Pi will be listed on Binance Exchange, PCT is in final negotiations with Binance,” said Pi Barter Mall. Another factor supporting the bullish view is the upcoming appearance of Dr. Nicolas Kokkalis, founder of Pi Network, at Consensus 2025.

Additionally, since the launch of the main net, Pi Network has achieved several important milestones, including integration with Chainlink and Telegram’s crypto wallet, which also integrates Pi.

Pi Price Prediction in May

The Pi price has remained stable at around $0.58 since early May, reflecting the cautious sentiment of Pi traders this month. Despite immense pressure from increasing supply and decreasing trading volumes, the Pi community is still hoping that new factors, such as a potential listing on Binance and a public appearance by the founder, could drive the price up.

The market’s ability to absorb the newly opened supply will be key in determining whether Pi can maintain or even increase its value in the future. Investors and market watchers will continue to monitor this situation closely.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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