Pi Network is entering an unstable phase: a large token unlocking is expected on July 4, which could negatively affect the cryptocurrency's price.
Market Situation Intensifies
The PI token has seen six consecutive days of decline, dipping below $0.50 amid increased market pressure. This fall comes alongside growing investor disappointment related to Pi2Day announcements.
Token Unlocking on July 4th
On July 4, 2025, Pi Network will unlock 19.2 million tokens. This event will kick off a busy month, during which 268.4 million tokens will gradually be released, marking the *'largest monthly unlocking until October 2027'*. In an already tense market, the anticipation of such a supply increase raises fears of a significant price drop.
Pi2Day Announcements and Market Reactions
During the Pi2Day event on June 28, the Pi Network team unveiled new features, including Pi App Studio, a no-code platform. However, these initiatives did not produce the expected positive effect on the market. Technical indicators suggest a clear bearish trend, and the combination of weakened market sentiment and token unlocks could exacerbate the situation.
The upcoming token unlocking and weak market sentiment place Pi Network before significant challenges. Without community support and positive news, the project may struggle to avoid a serious downturn.
