Today marks one of April’s key events in the PI Network ecosystem — a major token unlock that will release 2.8 million PI tokens into circulation. With $PI currently trading nearly 80% below its all-time high, this development has caught the attention of both investors and traders.
PI Token Unlock – What’s Happening?
As per PI Scan, the blockchain’s real-time explorer, 2.8 million PI tokens are unlocking today. This is just a glimpse of a much larger release schedule:
April 2025: A total of 108.9 million tokens will be unlocked.
Next 12 months: Over 1.56 billion PI tokens are expected to enter circulation.
Average monthly unlock: Around 134.39 million tokens.
Largest monthly unlock: 432.3 million tokens projected for December 2027.
PI Price Overview – The Rollercoaster Ride
Feb 20, 2025: PI was trading at $0.1071.
Feb 26, 2025: The token spiked over 2,688%, briefly crossing $3.
Since then: A significant correction has occurred — with an 81.58% drop by April 4.
Current Range: Since April 5, PI has been fluctuating between $0.4040 and $0.7894, and currently trades at $0.6174.
Will This Unlock Impact PI’s Price?
Token unlocks often bring short-term volatility — and with 2.8 million new tokens entering today, the possibility of downward pressure increases due to supply expansion.
However, it’s not all bearish:
Circulating Supply: 6.88 billion PI
Market Cap: $4.17 billion
While some traders view unlocks as dilution, others interpret them as part of the network’s long-term growth and decentralization roadmap.
Looking Ahead: Bigger Unlocks on the Horizon
May 2025: 190.9 million PI tokens unlocking
June 2025: 226.6 million tokens
July 2025: 233.4 million tokens
With over 1.5 billion PI tokens set to be unlocked in the next year, all eyes will be on how the market adapts. Whether it brings volatility or maturity depends largely on investor behavior and network developments.
