Pi started June at $0.70, then fell to $0.42 in mid-June, then bounced back to $0.66, and is now trading back around $0.51.
In the last few days, the price of Pi Network has surprised many people. Because it fell to $0.532, which is 20% less than last week’s high and about 56% below the peak of May. This decline also affected Pi’s market cap, which is now below $4 billion. And its effect is clearly visible on Pi’s ever-growing community.
Big updates to Pi, but no rally in price
On the occasion of Pi Day 2 on June 14, the Core Team announced some very important updates, such as:
New AI initiative
Several upgrades to Pi App Studio
A new staking system to increase app visibility
Fiat on-ramp integration with Onramper
Major update to Pi Wallet
And the new version 0.5.2 of Node, which will improve network security
Despite all these updates, there was no jump in the price.
Threat of $215 million selling
From the last week of June to July 2025, about 276 million Pi tokens are going to be unlocked, which is 3.7% of the total supply.
This clearly means that the market could be subjected to selling pressure of about $215 million. The last time such a token was unlocked, prices fell by 30% to 77%. And if nothing different happens this time, Pi could face a similar decline.
This is also a major reason for the decline of Pi Network.
A major reason for the decline is that Pi does not yet have any major exchange listings or strong partnerships, which are essential for stability and growth in the crypto world. Until these arrive, the price of Pi will either remain around this or slowly fall further.
Will there be a big jump by December?
Will there be a big jump by December? The next big opportunity for Pi is on December 28, 2025, which the community calls “Pi Year-End Summary Day.” According to CoinDCX, they believe the price of Pi could reach $1.20 by early July and even go up to $2.80 by December, although another decline is expected in September.
Is a rebound possible in the short term?
Is a rebound possible in the short term? Pi started June at $0.70, then fell to $0.42 in mid-June, then bounced back to $0.66, and is now trading back around $0.51. This price level has acted as support many times before, so it could be a temporary support. On a positive note, Pi recently broke a bullish falling wedge pattern, which could lead to further upside movement. The next big resistance level is $1.