Pi Network token drops to $0.33 as market cap falls to $2.6 billion

The PI token reached a new all-time low of $0.33 on Monday. The price decline began earlier in 2025 and accelerated during recent market corrections.

Nearly 170 million PI tokens are scheduled for release over the next 30 days. A major unlock of 13.7 million tokens will occur on September 2, 2025.

Currently, 416 million PI tokens sit on cryptocurrency exchanges. Gate.io exchange holds nearly half of these tokens available for trading.

An X user known as “open mainnet” told followers to buy PI tokens at low prices. The user suggested PI could reach triple-digit prices in the future.

Some community members have projected PI token prices as high as $100 per token. Market analysts have not supported these price predictions with data.

Pi Network launched as a mobile-based project that allowed users to earn tokens through app activity. Users did not need specialized mining hardware to participate in the network.

The project built a large user base during its early phase before tokens became available for public trading. Pi Network transitioned to open trading after operating as a closed system.

Exchange balances show high selling pressure on PI tokens. The token supply scheduled for release adds to available tokens in the market.

Pi Network operates differently from Bitcoin and Ethereum mining systems. Users earn tokens by opening the mobile app and pressing a button daily rather than using computer processing power.

The network has not announced major institutional partnerships or corporate adoption programs. Real-world usage applications for PI tokens remain limited compared to other cryptocurrencies.

PI token currently trades on several cryptocurrency exchanges including Gate.io and other platforms that support the asset.