Pi Network Price Today 5/1/2025

The cryptocurrency market is showing signs of recovery, but Pi Coin continues to struggle. Over the past month, the price of PI has dropped by 26%. This prolonged decline has weakened investor confidence, as Pi shows no clear signs of recovery.

The negative correlation between Pi Network and Bitcoin, at -0.11, raises further concerns. While Bitcoin is approaching the $100,000 mark and the broader market is recovering strongly, Pi Coin is trending in the opposite direction, making its recovery even more fragile.

Today, Pi Network has unlocked 10.1 million PI tokens and is expected to continue to unlock another 11.22 million tokens tomorrow, May 1. This is the largest release of the month, bringing the total number of tokens unlocked in April to over 100 million. The sharp increase in supply while demand is unclear has caused Pi's price to drop by 80% compared to its peak of $2.98 in February.

The continuous increase in supply while the demand is unclear will be a big challenge for Pi Network. To maintain its value, the project needs to soon have a long-term solution to control selling pressure and create new motivation for investors.

Analysts optimistic despite price drop

Despite the falling price of Pi Network (PI) and the continuous unlocking of large amounts of tokens, many analysts remain optimistic about the long-term prospects of this coin. They believe that if the ecosystem continues to grow and market conditions improve, Pi could reach $5 in the near future.

Some opinions say that if the market situation is favorable, Pi Network can reach the $3 mark in June. This forecast is based on the possibility of supporting factors such as token burning to reduce supply, but the upcoming unlock pressure is still a major hindrance, limiting the potential for price increase.

Dr. Altcoin expert commented that Pi's price may start to recover from mid-May, especially during the Consensus 2025 Summit, from May 14 to 16. This is expected to be the time to create new momentum for Pi's price if positive information is announced.