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265 Million Token Unlock: Activate a 234% Rise?
Summary of Pi Network
In the past 24 hours, Pi Network has cooled down after a 90% surge last week. Analysts remain unfazed by this correction. Historically, this is natural after spikes, and Pi is still up 59% over the past month. While Bitcoin, Ethereum, and Solana continue to dominate, Pi Network is carving out its own niche with its mobile mining application and decentralized Pi browser, aiming for real utility and widespread adoption.
Performance of Pi Network
Although institutional investors initially pumped heavily into Pi Network, the price has dropped significantly. However, after hitting a low of around 0.40 USD, Pi has recovered to nearly 1.20 USD, breaking through key resistance levels. Technical analysts point to a parallel channel pattern forming on Pi's chart. If it breaks out of this pattern, the price could rise an additional 234% to reach 5.27 USD per Token.
Prospects and volatility
As of May 14, 2025, 5.17 billion Pi tokens — worth about $6.19 billion — are locked. In the next 30 days, about 265.44 million Pi (tương or 317.92 million USD) will be unlocked, accounting for 5.13% of the total number of keys. On average, about 8.85 million Pi Tokens (tương 10.6 million USD) will be unlocked daily. May 16 is expected to be the biggest unlock day, with approximately 14.75 million Pi tokens (trị priced at 17.67 million USD) issued. This unlocking activity can lead to high price volatility, as the increase in tokens often affects market movements and investor sentiment.
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