📉 Why Is Pi Network's Price Going Down? Key Reasons Behind the Drop

After years of anticipation, Pi Network officially launched its Open Mainnet in February 2025, allowing users to finally migrate and trade their Pi coins. However, instead of a price surge, the market has seen a steady decline in Pi coin’s value, leaving many Pioneers asking the same question: Why is Pi Network’s price going down?

Let’s break down the key reasons behind the recent price dip.

1. 🪙 Oversupply of Pi Tokens

One of the major factors is the mass unlocking of Pi tokens. Data from Pi Scan shows that nearly 99.3 million PI tokens were unlocked within a 30-day period—valued at over $90 million. That’s about 3 million new tokens entering the market daily. This sudden increase in circulating supply creates selling pressure, especially when demand doesn’t keep up, driving the price lower.

2. 📊 Bearish Technical Indicators

Technical analysis shows that Pi has struggled to break key resistance levels around $0.70. The Relative Strength Index (RSI) remains in bearish territory, signaling that sellers are still in control. At the time of writing, Pi is hovering around $0.56, with the next support level near $0.50. If broken, we could see even lower price levels in the short term.

3. 🌍 Uncertainty in the Crypto Market

The broader crypto space is dealing with macroeconomic tensions, including rumors of global tariffs and shifting regulatory policies. These factors often lead to investor hesitation, which can trickle down to smaller or emerging coins like Pi.

4. 🧱 Development and Community Delays

Internal delays, such as pending KYB (Know Your Business) approvals and slow ecosystem expansion, have frustrated some developers. As a result, projects like PiDaoSwap are choosing to launch on other blockchains. This sends a negative signal to the community, affecting overall confidence and token value.

✅ Final Thoughts

The current drop in Pi Network’s price is influenced by oversupply, weak technical momentum, broader market uncertainty, and ecosystem delays. However, Pi still has strong potential if the community stays engaged and the core team delivers on its roadmap.

Stay updated, stay cautious, and stay Pi-strong. 🔥