- Pi Network’s token is under pressure from a massive oversupply, with analysts warning of a potential 50% price drop unless the Pi Core Team intervenes.
- However, rumors of institutional adoption by major U.S. banks offer a glimmer of hope that could stabilize or boost the token’s value.
Pi Network is standing at a crucial crossroads. Its native token, PI, has dropped nearly 20% in just the past two days, now trading around $0.61. But analysts warn the worst may not be over. With a wave of new tokens entering the market and mounting pressure from technical indicators, PI could plunge even further—unless institutional interest turns the tide.
Token Oversupply Sparks Bearish Fears
Crypto experts are sounding the alarm: the influx of new PI tokens is outpacing market demand at an unsustainable rate. Over 100 million PI tokens are set to unlock this month, with an estimated 1.5 billion coins entering circulation in 2025. This massive release is creating a classic supply-and-demand imbalance, one that could slash PI’s price by another 35% to 50%, potentially driving it down to $0.30 in the coming months.
If you are still wondering why Pi's price is down today, it's because millions of unlocked Pi are now flooding the CEXs.
I have been saying this all along, the available circulating supply on CEXs dictates the price of Pi since:
Price = demand/supply.
Unless the PCT… pic.twitter.com/IblIpVv3Mq
— Dr Altcoin (@Dr_Picoin) April 15, 2025
Adding to the challenge, Pi is still absent from major exchanges like Binance and Coinbase, limiting investor access and reducing buy-side momentum. Without intervention from the Pi Core Team to slow token releases or boost utility, prices may continue their slide.
Price Action Hints at Volatile Days Ahead
PI’s recent technical patterns suggest further turbulence. The token is currently forming a falling wedge pattern, often associated with continued downward movement. Analysts say a drop to around $0.402 is likely unless PI breaks out above resistance at $0.78.
PI Network $PI is starting to break down from a triangle on the hourly chart.
If confirmed, the measured move is a drop to $0.56, with further support coming in at $0.54. pic.twitter.com/thG4Cf8R7H
— Trader Edge (@Pro_Trader_Edge) April 18, 2025
At the time of writing, PI is hovering near $0.6124, testing resistance from the 50-period EMA at $0.6423. The Relative Strength Index (RSI) at 41.6 shows weak but slightly improving momentum, indicating a possible breakout or breakdown.
Key support sits at $0.5522. A fall below this level could push PI toward $0.48, while a breakout could ignite a short-term rally toward $0.71.
Institutional Adoption Rumors Offer a Glimmer of Hope
Despite the bearish mood, rumors of U.S. bank adoption have injected cautious optimism into the Pi community. Reports suggest that financial giants like JPMorgan and Bank of America may be exploring PI for cross-border payments and Web3 integration.
Adding to the buzz are Pi’s expanding real-world use cases—ranging from partnerships with Zito Realty and Banxa to a growing merchant base accepting PI as payment. Even the skeptical Dr. Altcoin admits institutional involvement could help form a price floor.
Whether PI rebounds or sinks further may come down to two things: how the Pi Core Team manages supply—and whether the rumors become reality.
