Pi Network Braces for Market Impact as 231M PI Tokens Begin Unlocking

Pi Network’s cryptocurrency faces a critical liquidity challenge with 231 million PI coins starting to unlock this month. Beginning May 6, 2025, the project will release over 10.5 million tokens daily—valued at approximately $5.87 million at current prices—followed by an additional 222 million in June.

The phased release will introduce 1.4 billion new tokens into circulation within a year, representing $850 million in potential selling pressure. Early adopters holding allocations since the project’s inception may be especially motivated to cash out.

Currently trading at $0.5802, PI’s price action now depends on whether market demand can offset the increased supply. Historical trends indicate such unlock events often lead to short-term price declines without sufficient counterbalancing buying activity.