Pi Network: Anticipated Developments for 2025

The native cryptocurrency of Pi Network, PI, has continued its downward slide in May, struggling to hold the $0.6 support level in light of bearish market indications.

As per the latest reports, Pi Network (PI) has seen a nearly 10% decline over the past week, now trading at $0.59.

Analyzing the larger trends, the token has shed more than 23% of its value since its peak last month and is down nearly 80% from its all-time high of $2.99, achieved in late February. Its market cap stands at $4.1 billion, with daily trading volume plummeting over 40% to roughly $75 million at the time of writing.

A key driver of the recent selling has been concerns about token dilution. In April, around 21.4 million PI tokens were unlocked, valued at approximately $12.3 million at current prices. Although this is a relatively small unlock, investors appear to be bracing for more significant releases in the future.

Looking ahead, the pattern of monthly unlocks indicates a steady rise in supply, with projections suggesting over 131 million PI might enter the market each month over the next year.

Growth of the Pi Network ecosystem

Despite the declining price of the token, several ongoing developments within the ecosystem could spark community interest and lead to a significant trend reversal in the months to come.

Initially, following the launch of Pi Network’s open mainnet, developers have been actively building a range of utility-based decentralized applications (dApps). These include essential platforms such as 1Pi Mall for Pi-centric e-commerce, Workforce Pool as a freelancing marketplace, and Map of Pi for locating businesses that accept Pi.

The network had already met its goal of 100 dApps prior to the Open Mainnet launch. Since then, developer engagement has continued to rise, introducing new projects like Piepump.fun, a memecoin launcher modeled after Solana’s Pump.fun, and Fruity Pie, a casual game rewarding players with Pi.

Additionally, the Pi Network team has launched the Pi Ad Network, a decentralized advertising platform that allows advertisers to purchase ad space with Pi cryptocurrency while rewarding app developers who display these ads with Pi earnings.

This arrangement creates a closed-loop economy: advertisers acquire Pi to place ads, and developers earn Pi through user interactions with these ads. By using Pi in both processes, the network ensures that value circulates entirely within the Pi ecosystem, reducing reliance on external advertising platforms like Google Ads.

Furthermore, Pi Network has introduced .pi domains, enabling users to bid on custom domain names using Pi Coin. These blockchain-based domains function as unique identifiers within the Pi ecosystem.

Accessible through the Pi Browser or via .pinet.com on standard web browsers, these domains aim to boost Pi’s utility, with auction proceeds slated for ecosystem development.

Lastly, the Pi Network is working to enhance the real-world adoption of Pi through community-led events like PiFest and targeted initiatives for onboarding merchants.

PiFest 2025, scheduled for March 14 to 21, attracted over 58,000 active sellers from more than 160 countries, with more than 1.8 million Pi users participating in Pi-powered transactions via the Map of Pi app, which connects users to local businesses accepting Pi.

Potential exchange listings could boost PI

Positive momentum for Pi might also stem from a potential listing on Binance. While Pi has already gained listings on multiple centralized exchanges such as OKX, Bitget, and MEXC, it has yet to secure a spot on Binance.

In a 2025 community vote, over 86% of approximately 295,000 Binance users expressed support for adding Pi to the exchange.

Generally, listings on Binance lead to increased liquidity, trading volumes, and visibility for tokens. As the largest crypto exchange by volume worldwide, a listing on Binance could significantly elevate Pi’s market standing and act as a crucial catalyst for wider adoption.

If Pi secures a listing on Binance, other top-tier exchanges like Coinbase, Upbit, Crypto.com, and Kraken, which have yet to list the altcoin, may follow suit.

PI price analysis

Currently, Pi’s technical indicators remain bearish, with key metrics indicating ongoing downward pressure.

On the 1-day/USDT chart, PI’s price is positioned below the 20-day and 50-day exponential moving averages, signifying that sellers maintain control and that both short-term and medium-term trends face pressure.

The RSI currently stands at 41, below the neutral 50 mark and nearing oversold territory.

Moreover, the MACD indicates signs of weakness. Although the MACD line remains slightly above the signal line, they are converging and may soon cross into a bearish signal, suggesting a potential momentum shift to the downside.

Consequently, the next hurdle for Pi will be to reclaim the psychological resistance at $1 before a possible rally towards its all-time high can take place.

A trader suggests that if PI can surmount $0.645, the upper boundary of a descending trendline formed since April 5, it could rally to the $0.81–$1 range, provided trading volume continues to rise.

However, the trader warned that if PI falls below $0.57, it could trigger further selling, pushing the price down to $0.40 or lower.

Being a community-driven initiative, social sentiment will remain pivotal in influencing its price movement. Currently, that sentiment appears largely negative, according to Santiment data.

As of the latest update, PI has dropped by 3% over the past day, now trading at $0.59 per coin.