Pi Coin September 2025 Outlook: Navigating Supply Pressures and Network Upgrades

Pi Coin is facing a turbulent start to September 2025, with prices dropping nearly 10%—wiping out gains from its recent U.S. exchange listing. The sell-off reflects ongoing supply pressures, though a slower token unlock this month (161 million Pi compared to August's heavier release) could help ease the downward momentum.

Network upgrades are emerging as a potential catalyst. Pi's transition to Stellar's new protocol on September 3 promises enhanced smart contract functionality and improved node efficiency. While not directly impacting prices in the short term, this technical advancement could strengthen long-term investor confidence.

Exchange listings remain the wild card. Market sentiment largely depends on whether major trading platforms adopt PI, which WOULD help counter current liquidity constraints. For now, traders are preparing for continued volatility as the project works through supply-demand imbalances and infrastructure evolution.