Pi Network (PI) Defies Market Trends with 90% Weekly Surge Ahead of Major Token Unlock
Pi Network (PI) has surged 90% over the past week, maintaining strong momentum despite a slight 24-hour pullback. The cryptocurrency continues to hold a 59% monthly gain, supported by its innovative mobile mining ecosystem and decentralized browser—key components of its real-world utility proposition.
Market enthusiasm now faces a crucial test with the impending release of 265 million previously locked coins. As of May 14, 2025, the network holds 5.17 billion Pi in vesting contracts valued at $6.19 billion, creating potential supply pressure that may impact current price levels.
Technical analysts maintain a bullish outlook, highlighting PI’s resilience during broader market corrections. The project stands out as one of few digital assets gaining both retail adoption and institutional interest through its unique distribution approach.