Pi Network Faces Major Price Pressure Ahead of Unlock Event on April 19

With approximately 6.8 million dong being unlocked each day, analysts warn that the continuous influx of new capital is putting strong selling pressure on the market. Supply Surge, Demand Drop According to cryptocurrency market analyst Dr. Altcoin, most of these newly unlocked Pi tokens are heading straight to centralized exchanges, increasing the available liquidity supply for sellers. In just the past few days, the exchange reserves of Pi have increased from 354 million to 368 million coins, while the total circulating supply has surged to 6.88 billion coins. This surplus supply has exceeded the current market demand, leading to a price drop and unsuccessful recovery efforts. "The market is simply being overwhelmed by sellers," Dr. Altcoin said. "Until the unlocking pressure eases, Pi will struggle to find any sustainable upward momentum." Price Outlook: Short-Term Pain, Long-Term Hope? The sudden increase in circulating supply has started to pull the price of Pi down, as analysts keep an eye on the $0.30 mark or lower, which could be a floor in the near future. However, there may be light at the end of the tunnel. Dr. Altcoin predicts that by the end of August 2025, the daily unlocking rate is expected to slow down significantly, potentially providing the necessary relief for the market to stabilize and begin to gradually recover. He added: "If the unlock rate decreases and buyers begin to show interest again, Pi could start to build a foundation for long-term growth."