Pi Network’s native token, PI, is under pressure as it struggles to hold key support levels—but there’s more to the story. Despite a bearish price chart, the Pi ecosystem is quietly building momentum with new features, dApps, and community-driven events.
PI Price Slides Below $0.60, Market Reacts to Token Unlock Fears
As of early May 2025, PI is trading around $0.59, marking a 10% drop in the past week and a 23% decline from last month’s high. The token is also down nearly 80% from its February peak of $2.99.
Much of this recent pressure is tied to token dilution concerns. In April alone, more than 21 million PI tokens were unlocked—worth about $12.3 million at current prices. And this is just the beginning. On average, over 131 million tokens are expected to enter circulation each month over the next year, which could continue weighing on PI’s price unless matched by growing demand.
But Under the Surface, Pi Network Is Rapidly Expanding
While the price is facing headwinds, Pi Network’s development activity is ramping up.
With its Open Mainnet now live, developers have launched over 100 decentralized apps (dApps) and continue to roll out new ones. Popular examples include:
- 1Pi Mall – A Pi-powered e-commerce platform
- Workforce Pool – A freelance marketplace using Pi
- Map of Pi – A discovery tool for finding Pi-accepting businesses
- Fruity Pie – A casual game with Pi rewards
- Piepump.fun – A memecoin launcher inspired by Solana’s Pump.fun
These projects are helping to increase utility and circulation of PI, giving users real-world reasons to use their tokens beyond just holding them.
New Features: Ad Network and .pi Domains
Two recent additions to the Pi ecosystem could become game-changers:
- Pi Ad Network: A decentralized ad platform where advertisers pay in PI and developers earn PI by showing ads. This creates a closed-loop economy and could reduce reliance on platforms like Google Ads.
- .pi Domains: Users can now bid on custom domain names using PI. These domains are accessible via the Pi Browser or standard browsers through
.pinet.com, offering a Web3-native identity layer for Pi users.
Both initiatives aim to increase the real utility of PI tokens and promote wider adoption within and beyond the Pi community.
Community Power: PiFest and Merchant Growth
Community-driven events remain a core part of Pi’s expansion strategy. PiFest 2025, held in March, brought together 58,000+ sellers across more than 160 countries, facilitating over 1.8 million transactions through Pi-powered commerce.
The event showcased how Pi can function as a legitimate payment tool—not just a speculative asset.
Exchange Listings: Is Binance Next?
So far, PI is available on OKX, Bitget, and MEXC, but a Binance listing could be a major milestone.
In a 2025 community vote hosted by Binance, 86% of nearly 295,000 users voted in favor of listing PI. While Binance has yet to act, a listing there would likely boost PI’s liquidity, visibility, and institutional confidence—potentially encouraging other top exchanges like Coinbase, Upbit, and Kraken to follow suit.
Technical Outlook: Can PI Reclaim $1?
The short-term technicals still look shaky. PI is trading below its 20-day and 50-day EMAs, while the RSI is at 41, edging closer to oversold territory. The MACD also suggests weakening momentum.
A key resistance sits at $0.645. A breakout above that could spark a rally toward $0.81–$1, provided trading volume picks up. On the flip side, if PI drops below $0.57, it may fall toward $0.40 or lower, according to analysts.
Final Thoughts: Price Wobbles, But Foundation Grows Stronger
Despite the market volatility, Pi Network is laying the groundwork for long-term growth. The development of dApps, real-world use cases, and community engagement may not immediately reflect in the price, but they position Pi to thrive once the broader sentiment turns positive.
For now, social sentiment remains bearish, but that could change quickly if major catalysts—like a Binance listing or another PiFest success—arrive in the coming months.
