Pi Network Price Prediction

Pi Network Market Sentiment & On-Chain Analysis

Social Sentiment (Negative Trend)

Pi Network’s social sentiment has been trending negative for most of the year, even though the ecosystem itself is growing faster than most people expected. It’s a strange contrast considering on-chain activity is increasing with more transactions, more developers, more apps, but the general market sentiment is still quite bearish. 

A sentiment scan of thousands of Reddit and Twitter posts shows a lot of frustration dominating the community. People are tired of delays, angry about price drops, and skeptical because of Pi coin scam accusations. Analysts are warning that 90% of investors could lose their investments if supply continues to unlock faster than demand grows.

Holder Distribution Data

Pi crypto’s holder distribution adds to the uncertainty. A large percentage of Pi Network is locked, meaning retail users control most of the supply, while institutional or whale accumulation is minimal. The top holders are likely team wallets and exchange custodial accounts, which hold the majority of the shares, but not enough to stabilize the price through large buys.

Liquidity Stress Indicators

Liquidity stress is another major issue. Order books are so thin that a $100 million buy order could move the price 20-30%. Trading is also concentrated in only certain pairs, like Pi/USDT on OKX.

Pi Network Fundamentals: Will They Improve?

Pi Network’s fundamentals have improved in 2025, but the real question is whether these upgrades can shift long-term value. One of the biggest developments was integrating Banxa into the Pi network. Banxa, a regulated global payments provider, integrated Pi in April 2025 after acquiring 30.5 million PI tokens for roughly $19 million worth at the time. 

This opened the door for users in more than 100 countries to buy Pi crypto with bank transfers, cards, Apple Pay, or Google Pay, and for sellers to finally convert their PI to fiat without relying on P2P traders.

Beyond payments, post-2025 open network progress has been impressive. More than 10 million pioneers have already migrated to Mainnet, and over 19 million users have passed Pi Network KYC. The ecosystem also exploded from 100 initial apps to more than 21,700 dApps. In October alone, over 3.36 million people passed KYC, taking the total verified user base above 21 million.

All of this improves the fundamentals, but it doesn’t guarantee any Pi coin exchange listing yet. That still depends on regulatory clearance, decentralization maturity, and the amount of liquidity available.

Pi Network Tokenomics: Understanding Supply Pressure

Pi Network’s tokenomics are based on a fixed maximum supply of 100 billion PI tokens, split between community mining rewards 65%, the core team 20%, foundation reserves 10%, and liquidity 5%. Only about 8.33 billion Pi are currently circulating, which is 8.33% of the total supply. This means more than 91 billion Pi tokens are still unmined. 

Pi uses a rate decay model similar to Bitcoin’s halving. Pi coin mining rate started at 1.6 Pi per hour and dropped as low as 0.002774 Pi per hour in August 2025. At the current pace, full token emission could take 50 to 100 years. 

The issue is the inflation rate. About 25 million active miners are earning at the current rate, meaning Pi adds 24.4 billion new tokens each year. That creates an annual dilution of about 300%, although that’s expected to reduce yearly.

In 2025, documented supply unlocks included a jump from 2.3 million to 10 million daily unlocks in April and 200 million Pi in July. At current prices, every 50 to 100 million newly circulating tokens represents millions in potential sell pressure.

Risk Analysis: What Could Push Pi Price Down?

Lack of Exchange Listings

Pi is available on OKX, MEXC, Gate.io, and several smaller exchanges, but it’s missing from the platforms that really matter, including Binance, Coinbase, and Kraken. These three control over 60% of crypto trading volume. Without them, Pi faces a hard ceiling on institutional capital and retail accessibility. 

Binance alone has 30 million users compared to MEXC’s 5 million. If regulators decide Pi is an unregistered security, even the current exchanges might be forced to delist it.

Minimal Liquidity & Absence of External Trading

Pi token’s 24-hour trading volume ranges from $20 million to $90 million. Compare that to Bitcoin’s $35 billion or Ethereum’s $20 billion, and the problem becomes clear. A single $100 million buy order could move the price 50% or more, creating massive slippage and making it nearly impossible for institutional investors to enter or exit positions efficiently.

Weak Utility + Limited Real-World Integration

The 21,700 dApps sound impressive until you look closer. Most are games, chatbots, and social apps, not serious DeFi protocols or payment systems. There aren’t any partnerships with major platforms.

Failed Listing Rumors & Social Hype Exhaustion

In June 2025, Binance listing rumors pushed Pi to $1.65. When those rumors turned out to be false, the price collapsed. If this cycle of rumors, price pumps, and disappointments continues, the community will lose faith completely.

Heavy Selling Pressure & No Institutional Interest

Early miners who have been accumulating for six years finally have exchanges where they can sell, so most of them are taking any profit they can get. Meanwhile, there’s no institutional buying to absorb this supply, just retail traders. The emission of new tokens adds more pressure daily, making this a classic supply-demand imbalance with sellers vastly outnumbering buyers.

Technical Indicators Showing Persistent Downtrend

For months, Pi traded below both its 20-day and 50-day moving averages, showing clear market weakness. Multiple attempts to break above the 200-day EMA have failed, creating bearish wedge patterns. While price recently recovered above the 20 and 50 EMAs, the 200-day EMA at $0.464 remains a strong resistance level that could reject possible rallies.

Will Pi Network Recover?

Pi Network has potential for a recovery, though the odds are 50-50. It depends on key factors, including ecosystem evolution towards revenue-generating dApps, growth to at least 100,000 merchants using Pi for payments, classification as a commodity by regulators, and a Coinbase or Binance listing.

If these pieces fall into place, Pi coin price could realistically reach $2.25 by 2026 and $13.75 by 2030. However, Regulatory crackdowns could force delistings, or better networks might dominate the payments space. If any of these scenarios play out, Pi could fall to $0.01-$0.05 permanently, leaving early miners with near-total losses.