Pi Network price has been moving inside a narrow range recently, but developments surrounding PI suggest a potential breakout could be near. The coin is currently trading at $0.3555, which is almost 90% below its peak earlier this year.
Mysterious Whale Accumulates Pi Tokens: What’s Driving the Buying Spree?
One of the most intriguing developments is the actions of a mysterious whale. Since August, this whale has been steadily buying Pi tokens. So far, the whale has accumulated 376.9 million tokens worth over $134 million.
Some believe the whale could be an ordinary investor who sees Pi Network as a bargain. Others suspect the whale may have insider knowledge of a significant development, like a potential token burn.
Whale’s Impact on Pi Coin Price
Whales can have a massive influence on cryptocurrency prices. This whale’s accumulation of such a large number of tokens may be a sign of confidence in Pi Network’s future.
Cryptocurrencies often experience price surges after being listed on major exchanges. For instance, tokens like Redstone, Story, and Ethena saw significant price increases after exchange listings.
Also Read: Pi Network Technicals Hint at Big Move: $0.33 Support Could Spark Rally Toward $1
Pi Coin has not yet been listed on any major exchange since its mainnet launch in February. If a major exchange like Binance or Coinbase were to list Pi Coin, its price could potentially rise.
Ongoing Development: Protocol 23 Upgrade
Pi Network developers have been focused on upgrading the platform to become fully compatible with Stellar’s Protocol 23. This transition is part of the network’s long-term strategy to improve its functionality and become more competitive in the broader cryptocurrency market.
| Month | Min. Price | Avg. Price | Max. Price | Potential ROI |
|---|---|---|---|---|
| Sep 2025 | $ 0.249114 | $ 0.283603 | $ 0.356261 | 0.13% |
| Oct 2025 | $ 0.2644 | $ 0.279376 | $ 0.289255 | 18.71% |
| Nov 2025 | $ 0.266326 | $ 0.275365 | $ 0.287062 | 19.32% |
| Dec 2025 | $ 0.258165 | $ 0.266247 | $ 0.272264 | 23.48% |
The latest update from Pi Network revealed that developers are working on launching the testnet for Protocol 23. This ongoing development, combined with the whale’s activity, has generated growing interest in Pi Coin.
Technical Indicators Point to Bullish Breakout
From the charts, there are signs from technical indicators that Pi Network price is likely close to a significant breakout. Symmetrical Triangle PatternPi Coin has a built a symmetrical triangle patter, as evident in the above chart and now lines are coming near to each other so Pi coin might break out.
For the record, the coin has established a double-bottom pattern at $0.3305 while a neckline is at $0.4650. The price could start a strong upward move if there is an upside break above the $0.4650 level.
The RSI is in neutral territory, indicating that the downside pressure has weakened, while upside momentum could also be building up.
Resistance Levels to Watch for Pi Network Price
Pi Coin Network performance has made a significant move in the last 30 days and based on the recent crossover, it could start to push higher. But the coin is now seeing resistance at the $0.382 level. Traders are watching simply to see if Pi Coin can continue to show strength and hurdle this line in the sand..
If the buyers remain in action, Pi Coin could retest $0.40 if there is a daily close above $0.382. If the price doesn’t continue to hold above resistance, Pi Coin could retrace and find support around $0.344.
Unlocking of Pi Tokens: A Potential Risk
A key risk factor for Pi Network price in the near term is the unlocking of Pi tokens. On-chain data shows that around 165 million Pi tokens are set to be released in the coming weeks. This includes 13 million Pi tokens scheduled for release on September 21.
The unlocking of tokens could increase the circulating supply and put downward pressure on the price, even as the network undergoes upgrades. Investors are watching closely to see how this supply increase will affect Pi Network price.
Pi Network Price: Can It Sustain the Bullish Momentum?
The price of Pi Coin is at a critical juncture. While the whale accumulation and ongoing development indicate potential for a breakout, the unlocking of tokens presents a risk. The next few weeks will be crucial in determining whether Pi Coin can maintain its bullish momentum.
Conclusion
Pi Coin’s price is poised for a potential breakout as developers continue to upgrade the network and the whale’s accumulation sparks interest. With resistance levels to break and token unlocking on the horizon, investors are closely watching whether Pi Coin can break through key levels.
The next few weeks will be decisive in determining the future trajectory of Pi Network price. As the platform’s upgrades progress and market factors evolve, Pi Coin could see a significant shift in its price performance.
Also Read: Pi Network price prediction hints at possible rebound in 2025
Summary
Pi Network’s price remains within a narrow range, but significant developments, including the accumulation of Pi tokens by a mysterious whale, suggest that a surge may be imminent.
The whale’s purchase of over $134 million worth of Pi tokens raises questions about insider knowledge or a potential exchange listing. Ongoing upgrades, such as the transition to Protocol 23, add to the optimism, but the unlocking of tokens presents a risk.
Appendix: Glossary of Key Terms
Pi Coin: A digital currency linked to the Pi Network, a blockchain-based platform.
Whale: An investor or entity that holds a significant amount of a cryptocurrency.
Token Burn: The process of permanently removing tokens from circulation to reduce supply.
Protocol 23: A crucial upgrade aimed at enhancing Pi Network’s blockchain compatibility.
Symmetrical Triangle Pattern: A technical analysis chart pattern that suggests potential price breakout.
Relative Strength Index (RSI): An indicator used to evaluate the strength of a cryptocurrency’s price trend.
FAQs about Pi Network Price
1- Why is Pi Nwtwork price fluctuating?
Pi Network price fluctuations are due to whale activity, platform upgrades, and speculation about future developments.
2- What’s the impact of the whale buying Pi tokens?
The whale’s massive accumulation has stirred interest, hinting at possible insider knowledge or upcoming events.
3- Will Pi Coin be listed on major exchanges?
While not listed yet, there’s growing speculation that Pi Coin could soon be listed on major exchanges.
4- What risks does token unlocking pose to Pi Coin?
The unlocking of tokens could increase supply, possibly putting downward pressure on Pi Coin’s price.
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.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
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