Pi Network (PI) is finding itself in the hot seat. The protocol, known for its unique mobile-first mining approach and strong community, is facing what could be its most pivotal moment yet, the largest token unlock of the month.
On May 28, 15 million PI tokens will be released into circulation. The move follows two consecutive unlocks, 10 million on May 26 and 12 million on May 27, and comes ahead of even larger ones in June (263M), July (233M), and August (132M).
But with PI currently trading around $0.7371, the looming question for holders is clear: Will the flood of tokens tank the price, or can Pi Network hold the line and prove its staying power?
Market Pressure Builds: Price Caught in a Tight Range
For now, PI is consolidating in a narrow price range between $0.74 and $0.86, signaling indecision and cautious sentiment, according to Crypto.News, the asset is down 1.04% in 24 hours, and the technical charts paint a mixed picture.
The token appears to be forming a symmetrical triangle, a classic pattern that often precedes a breakout, but the direction remains uncertain. A break above $0.85 could target $1.00, while a fall below the $0.74 support could lead to a retest of $0.70 or even $0.65.
“Right now, PI is like a spring coiling tighter and tighter. The upcoming unlock could snap it in either direction,” said one independent crypto analyst on X.
Token Unlock Frenzy: Fuel for Growth or a Selloff Trigger?
Token unlocks are a double-edged sword. On one hand, they increase the circulating supply, which can lead to downward pressure if holders rush to cash out. On the other hand, they also signal ecosystem maturity, especially when aligned with product development and utility.
The May 28 unlock is part of Pi Network’s structured distribution schedule, but what makes this one noteworthy is its timing. Retail interest has waned slightly, as reflected in the platform’s declining social dominance score, and exchange inflows have ticked higher, indicating potential sell-side activity.
In short, whales might be moving. And traders are watching closely.
$100M Pi Ventures Fund: A Glimmer of Hope?
Despite short-term headwinds, Pi Network isn’t backing down. In a strategic move to build long-term utility, the team recently announced a $100 million venture fund, Pi Network Ventures, focused on supporting projects in AI, gaming, e-commerce, and Web3 fintech.
The idea? Stimulate demand for PI by building use cases that go beyond speculation. If successful, the fund could act as a major buffer against market volatility and help Pi transition from a mined-on-your-phone meme to a legitimate blockchain ecosystem.
“Pi is playing the long game,” said a venture capital partner involved in early-stage blockchain investing. “Token unlocks are noise, utility is the endgame.”
Technical Outlook: Breakout or Breakdown?
Looking at the charts, Pi Network is entering a high-stakes zone.
Resistance: $0.85 (first), $1.00 (psychological)
Support: $0.74 (critical), $0.70, then $0.65
Momentum: Neutral to slightly bearish; RSI and MACD both flat
Volume: Gradually rising, but no major spikes
If PI breaks above $0.85 with strong volume, expect a push to $1.00 and beyond. But if the unlock triggers a selloff, PI could slide below $0.70 quickly. Traders are split, with many sitting on the sidelines.
Pi Network’s Identity Crisis: Speculation vs Substance
What makes Pi unique is also what makes it controversial. It launched with a mobile mining model, amassing millions of users before its token was even tradable on major exchanges. But that hype has faded somewhat as token utility remains limited.
Now, with large unlocks and venture funding in play, Pi is trying to pivot from hype to substance. If the ecosystem succeeds in delivering real-world use cases, PI could carve out a niche in a crowded Layer-1 space. If not, it risks becoming another footnote in crypto history.
FAQs
What is happening with Pi Network’s tokens?
On May 28, 15 million PI tokens will be unlocked, the largest single-day release for the month.
What is the current price of Pi Network?
As of May 28, 2025, PI is trading at around $0.7371, down 1.04% in 24 hours.
Is Pi Network launching anything new?
Yes, they’ve announced a $100 million Pi Network Ventures fund to invest in AI, gaming, and fintech startups.
Could the unlock crash PI’s price?
There’s concern about sell pressure, especially with increased exchange inflows. A drop below $0.74 support could turn bearish.
Glossary
Token Unlock: A scheduled release of locked tokens into circulation, often impacting price volatility.
Symmetrical Triangle: A chart pattern indicating potential breakout, but direction is uncertain until it resolves.
Social Dominance Score: A metric showing how often a project is mentioned across crypto media and social platforms.
Venture Fund: Investment pool aimed at backing startups and building ecosystem utility for a blockchain.
Sources
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
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