Pi Network: Projections for 2025

The native token of Pi Network, PI, has continued its decline throughout May, failing to hold the $0.6 support level amidst negative market conditions.

As per the latest reports, Pi Network (PI) has dropped by nearly 10% in the past week, currently trading at $0.59.

Analyzing the broader trends, the token has seen a decrease of over 23% since its peak last month and is down almost 80% from its all-time high of $2.99, achieved in late February. Its market cap is at $4.1 billion, with daily trading volume decreasing by over 40% to roughly $75 million at the time of this writing.

A key reason for the recent selling pressure is related to dilution fears. In April alone, around 21.4 million PI tokens were unlocked, valued at approximately $12.3 million at present prices. Although this unlock is relatively minor, investors are likely bracing for more significant releases in the future.

Looking ahead, the trend of regular monthly unlocks indicates a consistent increase in supply, with projections of over 131 million PI expected to enter the market monthly over the next year.

Expansion of the Pi Network ecosystem

Despite the declining value of the token, several ongoing ecosystem initiatives might rekindle community interest and potentially trigger a significant trend reversal in the upcoming months.

First, with the launch of Pi Network’s open mainnet, developers have been actively working on various utility-focused decentralized applications (dApps). These include essential platforms such as 1Pi Mall for Pi-centric e-commerce, Workforce Pool as a freelancing market, and the Map of Pi for locating businesses that accept Pi.

Prior to the Open Mainnet launch, the network had already reached its goal of 100 dApps. Following the launch, developer activity has surged, introducing new projects like Piepump.fun, a memecoin launcher inspired by Solana’s Pump.fun, and Fruity Pie, a casual game where players can earn Pi rewards.

Additionally, the Pi Network team has launched the Pi Ad Network, a decentralized advertising platform that allows advertisers to purchase ad space using Pi cryptocurrency while enabling app developers to earn Pi by displaying these ads.

This system promotes a closed-loop economy: advertisers acquire Pi for ad placements, and developers receive Pi as compensation for user interactions with these ads. By utilizing Pi for both transactions, the network ensures that value circulates entirely within the Pi ecosystem, reducing reliance on external advertising platforms such as Google Ads.

Furthermore, Pi Network has introduced .pi domains, enabling users to bid on custom domain names using Pi Coin. These blockchain-based domains act as unique identifiers within the Pi ecosystem.

Available through the Pi Browser or via .pinet.com on standard web browsers, these domains aim to bolster Pi’s utility, with auction proceeds intended to support ecosystem growth.

Finally, Pi Network is facilitating real-world adoption of Pi through community-driven events like PiFest and targeted initiatives for merchant onboarding.

PiFest 2025, set for March 14 to 21, drew over 58,000 active sellers from more than 160 countries, with over 1.8 million Pi users engaging in Pi-powered transactions through the Map of Pi app, connecting users to local businesses that accept Pi.

Potential exchange listings may enhance PI

Positive momentum for Pi could also stem from a potential listing on Binance. Although Pi has already been listed on various centralized exchanges such as OKX, Bitget, and MEXC, it has yet to secure a listing on Binance.

In a community vote conducted in 2025, more than 86% of nearly 295,000 Binance users showed support for adding Pi to the exchange.

Generally, listings on Binance lead to improved liquidity, trading volumes, and visibility for tokens. As the largest cryptocurrency exchange worldwide by volume, a listing on Binance could substantially enhance Pi’s market presence and serve as a critical catalyst for wider adoption.

If Pi successfully obtains a listing on Binance, other leading exchanges like Coinbase, Upbit, Crypto.com, and Kraken, which have yet to list this altcoin, might follow suit.

PI price analysis

At present, Pi’s technical indicators remain bearish, with key metrics indicating ongoing downward pressure.

On the 1-day/USDT chart, PI’s price continues to linger below the 20-day and 50-day exponential moving averages, signifying that sellers remain in control and that both short-term and medium-term trends are under strain.

The RSI currently stands at 41, below the neutral 50 threshold and approaching oversold levels.

Moreover, the MACD is displaying signs of weakness. Although the MACD line remains slightly above the signal line, they are gradually converging and may soon cross into a bearish signal, suggesting a potential momentum shift downward.

Consequently, the next challenge for Pi will be to reclaim the psychological resistance at $1 before any potential rally toward its all-time high can take place.

A trader has noted that if PI can surpass $0.645, the upper limit of a descending trendline formed since April 5, it could aim for the $0.81–$1 range, assuming trading volume continues to grow.

However, the trader warned that if PI falls below $0.57, it may trigger additional selling pressure, potentially driving the price down to $0.40 or lower.

As a community-driven project, social sentiment will play a vital role in influencing its price movement. At present, that sentiment appears largely negative, according to Santiment data.

As of the latest update, PI has decreased by 3% over the last day, trading at $0.59 per coin.