Summary of Pi Network
In the last 24 hours, Pi Network has cooled down after a 90% surge last week. Analysts are not swayed by this correction. Historically, this is natural after spikes, and Pi is still up 59% over the last month. While Bitcoin, Ethereum, and Solana remain dominant, Pi Network is carving out its own niche with its mobile mining app and the decentralized Pi browser, aimed at true utility and widespread adoption.
Performance of Pi Network
Although institutional investors initially pumped heavily into Pi Network, the price has dropped significantly. However, after hitting a bottom of around $0.40, Pi has rebounded to nearly $1.20, breaking through key resistance levels. Technical analysts point to a parallel channel pattern forming on Pi's chart. If it breaks out of this pattern, the price could increase by an additional 234% to $5.27 per Token.
Outlook and Volatility
As of May 14, 2025, 5.17 billion Pi Tokens — valued at approximately $6.19 billion — are locked. In the next 30 days, approximately 265.44 million Pi (equivalent to $317.92 million) will be unlocked, representing 5.13% of the total locked amount. On average, about 8.85 million Pi Tokens (equivalent to $10.6 million) will be unlocked daily. May 16 is expected to be the largest unlocking day, with about 14.75 million Pi Tokens (worth $17.67 million) released. This unlocking activity could lead to increased price volatility, as the influx of Tokens often impacts market movements and investor sentiment.
Source: https://tintucbitcoin.com/265-trieu-token-mo-khoa-kich-hoat-dot-tang-234/
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