Top Pi Network (PI) Price Predictions as Token Unlocks Slow Down This Month

Pi Network Sees Price Recovery After Weeks of Pressure, Community Eyes Further Gains

May 1, 2025 — New York, NY — After several consecutive days of downward pressure, Pi Network (PI) has finally shown signs of life, marking a modest but notable price recovery. According to data from CoinGecko, PI's price has increased by 6.5% over the last 24 hours, currently trading at approximately $0.61.

The recent price uptick places PI ahead of several leading cryptocurrencies on a daily scale, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), which have all recorded gains but at comparatively slower rates.

This surge has reignited enthusiasm among members of the Pi Network community, who have been closely monitoring the token’s trajectory in hopes of a broader breakout. Some believe this could be the beginning of a larger bullish trend, especially as several key supply-related factors begin to stabilize.

Community Optimism Returns

The Pi Network community, which has grown to include more than 60 million Pioneers globally, is known for its passion and long-term outlook. Recent price action has provided a welcome reprieve from the relative stagnation that has defined PI’s performance over the past few weeks.

A user on the X platform (formerly Twitter) noted that PI has been trading in a consolidation zone between $0.50 and $0.70, referring to it as “a good accumulation zone.” The user went on to suggest that “it’s time for a pump,” even setting a short-term price target of $5—a level that would represent an increase of over 700% from current prices.

Others in the community have echoed the sentiment. A popular Pi commentator known as MOON JEFF posted that the technical structure of PI’s chart appears bullish, claiming that “someone is buying hard.” His comments were interpreted by many as evidence that institutional or large private buyers may be entering the market.

The community's bullishness has also been amplified by Pi News, an X account dedicated to news and developments within the Pi Network ecosystem. In a recent post, they wrote that “PI can go beyond your imagination anytime,” alluding to the inherent volatility and upside potential in the broader cryptocurrency space.

Their optimism is supported by historical examples such as the price explosion of ALPACA, a lesser-known token that experienced a 2,000% increase in a single week earlier this year—only to crash shortly afterward. The takeaway, for many, is that anything is possible in crypto when momentum and market sentiment align.

Token Unlocks: Pressure and Relief

While the short-term price surge is generating buzz, it comes on the heels of a period of substantial token unlocks—events that some analysts believe may have suppressed the token’s price throughout April.

The most significant of these unlock events occurred on April 30, when more than 11 million PI tokens were released into circulation. The influx of supply provided early adopters and miners with the long-awaited opportunity to sell part of their holdings, putting downward pressure on the token’s price at a time when major cryptocurrencies like Bitcoin and Ethereum were enjoying upward momentum.

According to on-chain data and community tracking dashboards, the pace of unlocks is expected to remain relatively high in the short term but will soon begin to taper off. The final day in which more than 10 million tokens are scheduled for release is May 8, after which the unlock volume is projected to drop below 6 million per day by the end of the month.

This anticipated cooldown in new token issuance is being viewed as a bullish signal by many in the community, who believe that reduced supply pressure could allow organic demand to drive the price higher.

Supply Metrics and Locked Rewards

Despite the current challenges posed by unlocks, the broader tokenomics of Pi Network remain unique compared to other blockchain projects.

As of now, the circulating supply of PI is just under 7 billion tokens, a large portion of which are still held in locked mining rewards. According to network data, more than 70% of the total supply remains locked, a mechanism designed to encourage long-term participation and disincentivize short-term speculation.

These locked tokens are typically linked to Pi Network’s mining and user engagement mechanics, which reward daily activity and contributions to network growth. The unlocking of these rewards is phased and often tied to KYC (Know Your Customer) verification and other milestones aimed at ensuring network integrity.

Supporters argue that this gradual unlock process, while contributing to short-term volatility, ultimately enhances the sustainability of the network and aligns incentives across the community.

A Critical Moment for Pi Network

The recent market movement comes at a pivotal time for Pi Network, as the project prepares for its long-awaited transition to Open Mainnet, expected to happen later in 2025.

The Pi Core Team has remained characteristically quiet about the exact timeline, but there are increasing signs that the ecosystem is nearing technical readiness. Applications on the Pi Browser are being updated and verified, KYC processes are scaling, and preparations for integration with external exchanges and services are reportedly underway.

For many Pioneers, the current market movement—coupled with the approaching end of major token unlocks—feels like a prelude to something larger.

“This is not just about price,” said one developer building on Pi’s platform. “It’s about momentum, belief, and preparation. The community is ready. The technology is ready. The world is starting to notice.”

Still, others caution that volatility is to be expected, and that long-term success will depend more on utility and adoption than temporary price surges.

Market Outlook: Cautious Optimism Ahead

Looking ahead, analysts are watching several key factors that could shape Pi Network’s next phase:

• Token unlock schedule and supply dynamics

• Community activity and social media sentiment

• Ecosystem developments in the Pi Browser

• Announcements from the Pi Core Team

• Potential exchange listings once Open Mainnet begins

For now, the prevailing sentiment appears to be one of cautious optimism. While the price of PI remains far below speculative valuations like the often-discussed Global Consensus Value (GCV) of $314,159 per coin, the fact that it is outperforming major assets on a daily scale offers a small but meaningful sign that momentum may be building.

"Looks like PI is going to $5 now," one X user assumed.

Source: CryptoPotato
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— Mr Spock 𝛑 (@MrSpockApe) May 1, 2025

Whether or not this will lead to a sustained rally—or merely another short-term spike—remains to be seen. But one thing is clear: Pi Network is back on the move.

Writer @Barland

Barland is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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