#BinanceTurns8

Analysis: the price of Pi experiences pullbacks amid large unlocks.

Despite the backing of a large community, the price of the Pi Network token is struggling to take off and has started to fall, reflecting a challenging phase for the project.

At the time of writing, Pi is trading at $0.457, with a daily loss of 0.5%, a weekly loss of 7.3%, and a monthly loss of 28.3%.

What factors are driving the price of Pi down?

First of all, it is important to understand that Pi Network, as a developing project, goes through key phases. During these stages, both internal events of the network and the evolution of its blockchain directly affect the token's price.

One of the main challenges is maintaining the balance between supply and demand just as the project approaches the launch of its mainnet and aims to offer full utility to users.

However, the most significant bearish factor at this moment is the massive unlocking of tokens: between June 28 and July 15, 2025, more than 337 million Pi tokens are being released to the market. This increase in supply has put strong downward pressure on the price.

This unlocking represents the largest anticipated until 2027, making these weeks a critical period for Pi holders.

Moreover, significant movements have been detected from large wallets to exchanges such as OKX and Gate.io, which is often interpreted as a sign of intent to sell. Some analysts suggest that these movements could be motivated by insider information.

In this context, the outlook for Pi is clearly bearish, even while Bitcoin remains close to its all-time highs.