Pi Network’s August Token Unlock: Will Binance Listing Be the Saving Grace?
As Pi Network approaches a critical token unlock event in August 2025, the cryptocurrency community watches closely. With 156 million PI tokens (worth ~$68 million) set to hit the market, concerns mount over further price declines from the current near-all-time-low of $0.40. This analysis explores the technical indicators, market sentiment, and potential Binance listing implications for this struggling altcoin.
Pi Network Faces Critical August as Token Unlock Threatens Further Price Decline
Pi Network's native token PI teeters NEAR its all-time low of $0.40 ahead of a pivotal August unlock event. The network will release 156 million tokens worth approximately $68 million into circulation, exacerbating existing supply pressures that have kept the price anchored below $0.43.
Technical indicators paint a grim picture for the altcoin. With RSI hovering at 38.92 and a declining Accumulation/Distribution line, the token shows no signs of reversing its downward trajectory from February's $2.98 peak. Market participants note the absence of PI's participation in recent crypto rallies, with liquidity concerns compounded by Binance's anticipated 2026-2027 listing timeline due to compliance hurdles.
Analysts identify $0.65-$0.70 as the critical resistance zone for any potential recovery. Until then, the combination of weak demand and increasing token supply creates what one trader described as 'a perfect storm for continued depreciation.'
XDC Network Price Surges on Binance US Listing — Can Bulls Push Beyond $0.111?
XDC Network has surged 8.14% following its listing on Binance US, hitting a high of $0.1011 before settling at $0.09818. The token's market cap now stands at $1.6 billion, with trading volume spiking 69% to $84.77 million, signaling renewed investor interest.
Technical analysis reveals immediate resistance at $0.10195. A breakout above this level could propel XDC toward $0.111. Support lies at $0.092, backed by the 20-period SMA, with further cushions at $0.085 and $0.0732 should downward pressure emerge.
The RSI at 66.70 indicates strong buying momentum without immediate overbought risks. Bollinger Bands expansion suggests volatility, reinforcing the bullish sentiment while cautioning against potential consolidation.
Indonesia's Crypto Transaction Volume Triples Amid New Tax Regime
Indonesia's cryptocurrency market surged in 2024, with transaction values skyrocketing to 650 trillion rupiah ($39.67 billion)—a threefold increase year-over-year. The nation's crypto user base now exceeds 20 million, eclipsing retail stock market participation.
Regulators responded with a revamped tax structure: domestic exchange sellers face a 0.21% transaction levy (up from 0.1%), while offshore platform users confront a steeper 1% charge. Buyers gain relief with eliminated VAT, but miners bear doubled VAT rates at 2.2% and will transition to standard income taxation by 2026.
Tokocrypto, the Binance-backed exchange, endorsed the reforms as aligning with Indonesia's reclassification of crypto from commodities to regulated financial instruments.
Best Crypto to Buy Today: Vine (VINE) — Viral Momentum or Bubble?
Vine Coin (VINE) surged dramatically following Elon Musk's July 24 post on X, announcing the revival of Vine in AI form. The token's price more than doubled within 24 hours, pushing its market cap to approximately $150 million. Trading volume eclipsed $240 million, with on-chain transactions hitting 138,000—the highest in three months.
A single whale withdrew 17,082 SOL ($3.19 million) from Binance to acquire 22.4 million VINE tokens, signaling aggressive speculative accumulation. Despite holder count nearing 100,000, concerns linger as 40% of circulating supply remains concentrated in just ten wallets, including major exchanges and liquidity pools.
Technical indicators flash mixed signals. The RSI soared above 90, marking extreme overbought conditions and hinting at near-term exhaustion. Price retracement from recent highs suggests fading momentum, raising questions about sustainability beyond hype-driven speculation.
Crypto Market Stabilizes as Bitcoin and Ethereum Hold Steady, Four Surges 16%
The cryptocurrency market exhibited subdued trading activity, with major digital assets like Bitcoin and ethereum showing minimal price movements. Bitcoin hovered around the $118,000 mark, registering less than a 1% change, while Ethereum mirrored this stability.
Amid the calm, select mid-cap altcoins displayed heightened volatility. Four, built on the Binance contract, emerged as a standout performer, skyrocketing 16% with a 613% surge in trading volume. Its market capitalization now stands at $1.45 billion.
The global crypto market cap held steady at $3.87 trillion, with a 24-hour trading volume of $158.29 billion, reflecting a 7.98% decline. Market conditions remained largely unchanged for the second consecutive day.
BNB Breaks Below Key $800 Support Level Amid Corporate Treasury Moves
BNB's price tumbled below the psychologically significant $800 level, dropping from $815.80 to $795 in a MOVE that exposed weak demand despite growing corporate interest. The token briefly touched $780 before a partial recovery, with trading volume spiking to over 4,000 tokens per minute during the decline.
The breakdown follows BNB's recent record high near $860, achieved as multiple public companies announced aggressive accumulation plans. CEA Industries (VAPE) - backed by Binance co-founder Changpeng Zhao's family office - revealed a $500 million fundraising effort (expandable to $1.2 billion) to create the largest U.S.-listed BNB treasury, sending its stock soaring 700%.
Other firms including Liminatus Pharma (LIMN) and Windtree Therapeutics (WINT) have unveiled similar BNB-focused investment vehicles totaling $1.2 billion collectively. Nano Labs separately disclosed acquiring 128,000 BNB tokens as part of new crypto treasury objectives.
Market technicians note weak volume patterns near the $815.40 resistance level, suggesting institutional rebalancing rather than sustained organic demand. The breach of $800 support raises questions about short-term price stability for corporate holders.