Pi Network Price Outlook: ETP Launch Fuels Bullish Momentum Despite Token Unlock Pressure

Pi Network (PI) has emerged as one of the top crypto assets with the strongest bullish sentiment, driven by the launch of Valour's Pi-focused Exchange Traded Product (ETP) on Nordic exchanges. The project now carries an 87.7% bullishness rating on CoinMarketCap following this institutional endorsement.

Market Optimism contends with impending supply pressure as PiScan data reveals 159.5 million PI tokens will unlock in September. The divergence between technical indicators and fundamental supply dynamics creates a tense equilibrium for traders.

Valour's parent company DeFi Technologies, listed on the London Stock Exchange, expands its crypto ETP suite with eight new products including the Swedish Krona-denominated Pi offering. This institutional embrace contrasts sharply with PI's recent volatility after bouncing from all-time lows.