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Large Pi Token Unlock Set to Impact Crypto Markets
Pi Network (PI), a blockchain project known for its ongoing controversies and challenges, is facing a significant event that could reshape its market trajectory. In June 2025, the project will witness the unlocking of 264 million PI tokens—a move that stands out as one of the largest token unlocks of the year.
This massive token release is expected to increase the circulating supply of PI on the open market, potentially intensifying selling pressure. As many analysts warn, such an influx of tokens can lead to further downward momentum in Pi Network's price.
Current Market Trends for Pi Network (PI)
At present, Pi Network’s price hovers around $0.75, marking a steep decline from its all-time high of $2.98. Daily trading volumes have also shrunk dramatically, with current figures near $100 million—significantly lower than the $1.7 billion daily volume recorded when PI surpassed the $1 mark. The combination of waning demand and rising supply has been the primary driver behind PI’s price drop.
Additional Volatility and Institutional Interest
Adding to market uncertainty, Pi Network’s official .pi domain is set to expire on June 28, a development that could trigger further short-term price swings. However, there is a positive sign for long-term investors. The launch of PI futures contracts on Kraken, a major global crypto exchange, signals growing institutional interest in the project and its ecosystem.
Ongoing Development Despite Price Challenges
Despite recent price declines, the Pi Network team remains committed to expanding its ecosystem. Efforts are underway to secure listings on larger cryptocurrency exchanges, aiming to strengthen PI’s position and boost its global adoption in the dynamic blockchain industry.
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