Can PI Token Weather Its Latest Storm?

The cryptocurrency sector is currently under immense strain as prices of major assets like Bitcoin and Ethereum witness steep declines. This downturn has also significantly impacted altcoins, with the Pi Network’s PI token notably dropping to unprecedented lows. The token has sunk below $0.135, a historic drop of more than 30% over just the past month, totaling a catastrophic fall exceeding 95% since its peak in February 2025.

What Factors Are Driving the PI Token’s Plunge?

Several elements are at play in the PI token’s drastic decline. With global market jitters dampening investor confidence, there is a marked reduction in risk appetite, leading many to pull back from cryptocurrency investments. A significant concern for the Pi Network is its token unlocking schedule, with PiScan reporting a release of an average of eight million PI tokens in the month ahead. Notably, 18 million tokens are slated for release on February 12, followed by approximately 23.6 million on February 13.

This mass release could trigger substantial sales pressures, particularly from investors poised to liquidate following the release. Historically, such token unlockings, during times of market panic, exacerbate short-term price falls. Despite this, some in the Pi Network community are retaining a positive outlook.

They point to increased on-chain transaction volumes, indicating sustained interest in the PI coin, supposedly unaffected by “whale manipulation.”

Are There Positive Signs on the Horizon for Pi Network?

Amidst the downturn, some suggest that it’s premature to abandon all hope. Post-February 20, the token release rate is expected to normalize, potentially easing some of the selling pressures. Additionally, there’s speculation around a prospective listing of PI on the prominent cryptocurrency exchange Kraken, which could enhance both the liquidity and credibility of PI.

Several conclusions can be gleaned from the current landscape:
– The projected drop in token releases after February 20 might ease downward price pressures.
– Kraken’s potential PI listing could bolster market confidence and liquidity.
– Consistent on-chain activity reflects enduring interest in the PI token.

Pi Network is navigating through one of its most challenging phases, similar to the broader market trends. While short-term price pressures from token unlocking and market conditions are anticipated to persist, there is optimism that reduced selling pressure, major exchange listings, and community solidarity could usher in stability for PI over the longer term. As this unfolds, maintaining prudent risk management and realistic expectations will be key for market participants.