PI Network price is slowly recovering from its big drop earlier in May. After a drop of about 50% between May 12 and May 17, the token was back up over 20% in the last four days and valued at $0.83 before dropping slightly to $7904.
However, Pi coin price network is 72% lower than its highest recorded point of $2.99, which was reached in February 2025.
PI token investors watch to see if the price can reach $1 again, given concerns about token unlocks and open issues with the project.
Pi Network Price Prediction: Testing Key Resistance at $0.90
According to the latest Pi network price analysis, the short-term trend appears cautiously optimistic. The altcoin recently surpassed the $0.74 support level. That was a previous local high from April, which has turned into a key price floor.
The current PI coin price of $0.79 reflected an 8% drop in the last 24 hours and a 30% gain over the past month.
Source: CMC
From the daily chart, it seems that technical indicators are giving both positive and negative signals. Currently, RSI is at 54, making it fall within a neutral level. The weekly moving averages for 10, 20, 30, and 50 days are climbing, so momentum may continue in this direction.
The key resistance for Pi Network price remains at $0.90. It is a level that is marked by a bearish order block on the 4-hour chart. Breaking through this resistance is essential for the altcoin to move closer to the $1 threshold.
Pi Coin Unlocks Raise Concerns Over Selling Pressure
On May 22, 2025, PI tokens were released, with an estimated total of 5.78 million tokens unlocked, with daily unlocks expected to go on for at least two months.
Because of this, the number of tokens in circulation went up. It has led to talks aming the community about the market’s ability to process new tokens.
Source: X
By the following year, 1.47 billion PI tokens will be released for unlocking. These tokens will be issued by early backers, the project’s developers, and community members.
Experience from prior similar projects has proven that increases in the token supply, if not followed by ecosystem growth or more users, can cause Pi Network price to drop.
Exchange Listings and Utility Limit Pi Network Price Upside
Despite rising trading volume and user interest, PI coin is currently not listed on major cryptocurrency exchanges. Although voters in the Pi Network favored a Binance listing , the Pi token is still not listed on the platform.
Liquidity is still below expectations because OKX depth is merely under $100,000. This reduces the chance for the token to grow and makes its prices more easily affected by changes.
A further challenge is that there aren’t many valuable decentralized applications or DeFi projects built using the PI token. At the beginning of this month, Pi coin price surged to $1.35 after the news of a $100 million venture fund, but it soon dropped back down.
If Pi Network price is going to maintain or continue its bullish move, its user utility will be very important.
Community Frustration and Ecosystem Challenges
Ongoing delays in Pi Network’s mainnet migration and the slow rollout of KYC verification have generated frustration among users, particularly in regions such as China where transfer limitations are more strictly enforced. These delays affect user trust and limit the ability to transact freely with the token.
More so, analyst Dr Altcoin raised concern by sharing a post on X, specifically pointing to a wallet address allegedly linked to Pi Core Team activity. According to his analysis, the wallet in question recorded the sale of at least 19 million PI tokens over the past 20 to 30 days.
He emphasized that this is just one of several wallets under scrutiny.
Meanwhile, Dr Altcoin clarified that his intention was not to create fear, uncertainty, or doubt (FUD), but rather to call for accountability, transparency, and open communication from the Pi Core Team. His post has prompted further community interest in the Pi Network.
Source: X
Concerns about centralized control, limited transparency, and regulatory uncertainties continue to fuel debate in the community. Some users have also expressed doubts about the project’s ability to scale effectively, especially as unlocked tokens enter circulation.
The current recovery offers short-term optimism for PI token holders. However, the broader Pi Network price trajectory will depend on Pi Network’s ability to address ongoing challenges.
