Pi Network: Anticipations for 2025

The Pi Network’s native token, PI, continued its downward trajectory in May, failing to maintain the $0.6 support level amid bearish market indicators.

According to the latest reports, Pi Network (PI) has seen a nearly 10% decline in the past week, trading at $0.59.

Examining the broader trends, the token has lost over 23% of its value since last month’s peak and almost 80% from its all-time high of $2.99, achieved in late February. Its market capitalization stands at $4.1 billion, with daily trading volume plummeting more than 40% to around $75 million at this time.

A significant contributor to the recent selling pressure is dilution concerns. In April, around 21.4 million PI tokens were unlocked, valued at approximately $12.3 million at current prices. While this may seem like a minor unlock, investors are likely bracing for larger releases in the future.

Looking ahead, the pattern of monthly unlocks indicates a steady increase in supply, with an estimated 131 million PI expected to enter the market each month over the next year.

Expansion of the Pi Network Ecosystem

Despite the decreasing price of the token, several ongoing ecosystem developments may reignite community enthusiasm and set the stage for a significant trend reversal in the months to come.

Initially, with the launch of the Pi Network’s open mainnet, developers have been actively creating a range of utility-focused decentralized applications (dApps). Notable platforms include 1Pi Mall for Pi-centric e-commerce, Workforce Pool as a freelancing marketplace, and Map of Pi for discovering businesses that accept Pi.

The network had already met its goal of 100 dApps prior to the Open Mainnet launch. Since that time, developer activity has continued to rise, leading to new offerings like Piepump.fun, a memecoin launcher inspired by Solana’s Pump.fun, and Fruity Pie, a casual game where players can earn Pi rewards.

Additionally, the Pi Network team has introduced the Pi Ad Network, a decentralized advertising platform that enables advertisers to purchase ad space using Pi cryptocurrency while allowing app developers to earn Pi by displaying these ads.

This system promotes a closed-loop economy: advertisers acquire Pi for ad placements, and developers receive Pi in exchange for user engagement with these ads. By utilizing Pi for both transactions, the network ensures that value circulates entirely within the Pi ecosystem, reducing reliance on external advertising platforms like Google Ads.

Furthermore, Pi Network has launched .pi domains, allowing users to bid on custom domain names using Pi Coin. These blockchain-based domains act as unique identifiers within the Pi ecosystem.

Accessible through the Pi Browser or via .pinet.com on standard web browsers, these domains seek to enhance Pi’s utility, with proceeds from auctions meant to support ecosystem development.

Lastly, Pi Network is encouraging real-world adoption through community-led events such as PiFest and focused initiatives for merchant onboarding.

PiFest 2025, scheduled from March 14 to 21, has attracted over 58,000 active sellers from more than 160 countries, with around 1.8 million Pi users participating in Pi-powered transactions via the Map of Pi app, linking users to local businesses that accept Pi.

Possible Exchange Listings Could Boost PI

Positive momentum for Pi may also stem from a potential Binance listing. While Pi has already secured listings on various centralized exchanges like OKX, Bitget, and MEXC, it has yet to be listed on Binance.

In a community vote conducted in 2025, over 86% of nearly 295,000 Binance users supported adding Pi to the exchange.

Typically, listings on Binance result in increased liquidity, trading volumes, and visibility for tokens. As the largest crypto exchange globally by volume, a Binance listing could significantly elevate Pi’s market status and serve as a crucial catalyst for wider adoption.

If Pi manages to secure a listing on Binance, other top-tier exchanges like Coinbase, Upbit, Crypto.com, and Kraken, which have not yet listed the altcoin, might follow suit.

PI Price Analysis

Currently, Pi’s technical indicators remain bearish, with essential metrics indicating persistent downward pressure.

On the 1-day/USDT chart, PI’s price remains below the 20-day and 50-day exponential moving averages, signaling that sellers are still in control and both short-term and medium-term trends are under pressure.

The RSI currently stands at 41, below the neutral 50 threshold and nearing oversold territory.

Moreover, the MACD is exhibiting signs of weakness. Although the MACD line is currently slightly above the signal line, they are gradually converging and may soon cross into a bearish signal, signaling a potential momentum shift to the downside.

As a result, the next hurdle for Pi will be to reclaim the psychological resistance level at $1 before any potential rally toward its all-time high can take place.

A trader noted that if PI can break above $0.645, the upper limit of a descending trendline formed since April 5, it could rally towards the $0.81–$1 range, assuming trading volume continues to rise.

However, the trader warned that if PI drops below $0.57, it could trigger additional selling pressure, pushing the price down to $0.40 or lower.

Being a community-driven project, social sentiment will play a crucial role in shaping its price movement. For now, that sentiment appears largely negative according to Santiment data.

As per the latest update, PI has declined by 3% over the past day, trading at $0.59 per coin.