Pi Network Braces for Turbulence as 600M+ PI Tokens Prepare for Unlock Through 2025

The Pi Network is entering a pivotal period with over 600 million PI tokens slated for release by December 2025. The unlocking process kicks off with 139 million tokens in August, followed by phased releases: 116 million in September, 93 million in October, 102 million in November, and 170 million in December. This comes atop daily migrations already adding 3-5 million tokens to circulating supply.

Market vulnerability to supply shocks was demonstrated on July 15 when a 337 million PI unlock precipitated a 25% price decline. With demand not keeping pace, concerns mount about the network's capacity to handle the incoming liquidity surge. Historical trends indicate these unlocks could sustain downward price pressure absent significant buy-side activity.

Community analysts highlight that the unlocking timeline overlaps with heightened crypto market volatility, potentially amplifying price swings. The project now confronts a critical liquidity stress test as its circulating supply undergoes rapid expansion within a condensed period.