Pi network price forecast: can 265 million unlocked tokens influence a potential growth of 234%?
The article 'Pi Network Price Prediction: Can 265 Million Unlocked Tokens Influence a Potential Growth of 234%?' first appeared on Coinpedia Fintech News
In the last 24 hours, the Pi network has cooled off after an explosive 90% growth over the past week. However, analysts are not worried about the pullback. Historically, such corrections are natural after rallies, and Pi is still up 59% over the last month.
While Bitcoin, Ethereum, and Solana continue to dominate discussions, the Pi network is finding its niche through its mobile mining app and decentralized browser, aiming to bring real utility and mass adoption closer to reality.
However, Pi's performance since the beginning of the year tells a different story. After institutional investors initially injected significant amounts into the Pi network, its price plummeted. But after reaching a low of around 0.40 dollars, Pi rose again to nearly 1.20 dollars, breaking key resistance levels and moving averages.
Where is the Pi network heading next?
Technical analysts have identified the formation of a parallel channel on the Pi chart. If the token breaks out of this formation, the price could rise by another 234%, potentially reaching 5.27 dollars per token. This would imply a market capitalization of about 39 billion dollars — placing it in line with other established projects.
As of May 14, 2025, at 1:00 PM, a total of 5.17 billion Pi tokens — worth approximately 6.19 billion dollars — are currently locked. Over the next 30 days, around 265.44 million Pi (worth about 317.92 million dollars) are expected to be unlocked, which constitutes 5.13% of the total locked volume.
On average, about 8.85 million Pi tokens (equivalent to 10.6 million dollars) will be unlocked daily. The largest single-day unlocking is expected to occur on May 16, when approximately 14.75 million Pi tokens — worth 17.67 million dollars — will be unlocked. This upcoming unlocking activity could lead to increased price volatility in the Pi market, as the increased availability of tokens often affects market dynamics and investor sentiment.