Pi Network Price Slips to $0.34 on September 2nd as Selling Pressure Mounts

Jakarta, Pintu News – Pi Network (PI) started September trading in the $0.35 price range. The main question is whether this price will recover or continue to decline to a new low.

Several new factors that have emerged this month are expected to greatly affect the performance of the Pi market. One of the biggest concerns is the continued increase in Pi reserves on exchanges. Still, Pioneers have their own beliefs and arguments that the price trend will move upwards.

Then, how is Pi Network’s current price movement?

Pi Network Price Drops 1.7% in 24 Hours

On September 2, 2025, the price of Pi Network was recorded at $0.3457, a decrease of 1.7%. If converted to the current rupiah ($1 = IDR 16,415), then 1 Pi Network is IDR 5,679.

Read also: Pi Network Adoption Increases, Pi Coin Officially Listed on Onramp

Over the past 24 hours, the PI price moved in a range between $0.3368 to $0.3526, reflecting moderate daily volatility. As of today, Pi Network’s (PI) market capitalization stands at $2,764,291,971. Meanwhile, the trading volume in the last 24 hours reached $53,980,412.

Reserves on Exchanges Reach Record Highs

The first warning sign is that Pi reserves on centralized exchanges (CEX) have reached a record high, surpassing 420 million PI, according to data from Piscan. In mid-August, BeInCrypto reported there were 409 million PI on exchanges, meaning more than 11 million PI had been moved to CEX in just over two weeks.

This spike indicates increasing selling pressure, while Pi’s daily trading volume remains below $100 million. Low trading volumes coupled with increasing supply create ideal conditions for potential further price declines.

In addition, more than 164 million PIs are scheduled to be unlocked in September, based on monthly statistics from Piscan. These unlocks are part of the token distribution roadmap.

However, this new supply has the potential to add selling pressure amid bearish market conditions, making a near-term price recovery unlikely.

In addition, two major developments recently emerged that failed to push the Pi price up. First, the Pi Network rolled out a number of important upgrades, including the launch of Pi Node on the Linux operating system as well as a protocol upgrade to version 23.

Secondly, European digital asset manager Valour released eight crypto investment products based on ETPs(Exchange Traded Products), one of which is based on the Pi network. The products are now listed on the Spotlight Stock Market in Sweden.

Despite this positive news, the Pi price remains stagnant at around $0.35 without any significant increase. Combining all these factors, Pi’s outlook for September looks bleak. However, Pioneers remain optimistic and believe there is potential for price recovery.

What Positive Factors Could Support Pi in September?

From an optimistic(bullish) point of view, the question is: why hasn’t the Pi price fallen further despite many negative signals?

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The Pioneers argue that this is due to the ongoing accumulation process. While not yet strong enough to push the price up, this accumulation was deemed sufficient to keep the Pi price stable in the $0.35 range for over a month.

Investor Drop Spark predicts, “Node Linux + KYC improvement, MACD indicator strengthening & RSI bouncing up, Swapfone launch, and whale buying. If this momentum continues with support from new exchange listings and whale accumulation, the price could push towards $0.64.”

Technically, Pi’s current price structure resembles an altcoin pattern that is in an accumulation phase before experiencing an upward rally. Some other Pioneers recognize that the price of Pi could still go lower. But they still believe that in the long run, the price will increase.

Moon Jeef, for example, predicts, “[Pi on the exchange] This is a new high. The selling pressure is still continuing. We might see $0.2 before it reaches $1.”

In addition, Pi also recently re-appeared on CoinMarketCap’s Trendline and Bullish Sentiment lists, signaling a resurgence of market interest. This positive sentiment from the community could be a catalyst if overall crypto market conditions start to improve.

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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.

Reference:

• BeInCrypto. Pi Network (PI) Faces Bearish Headwinds in September Despite Bullish Hopes. Accessed on September 2, 2025