PI Token Nears Historic Lows Despite AI Push and Ecosystem Expansion

PI Network's native token continues to struggle, dropping 26% in the past month despite the broader crypto market rally. With a current market cap of $3.4 billion, the project faces significant pressure from daily token unlocks, which have introduced 130 million new coins this month.

This decline persists even as Pi positions itself as an AI-centric blockchain. Recent developments like Pi AI Studio—a platform for creating AI applications—and new staking mechanisms for dApp promotion have not reversed the trend. While ecosystem features such as .pi domains and an ad network aim to boost utility, inflationary pressures remain a dominant concern.

Analysts highlight a potential positive: unlock volumes are expected to decrease by 6.5% next quarter. The key question for PI investors is whether this reduced supply can counterbalance the current weak demand.