The Pi Network has been no stranger to controversy since its launch — and once again, it finds itself in the spotlight. With June approaching, the project is gearing up for one of its biggest challenges yet: a massive token unlock that could heavily impact the Pi Coin price.
As of now, Pi Coin is trading around $0.75, a drop from its recent high of over $1.50. Adding to concerns is the daily trading volume, which has shrunk to about $135 million — far lower than the impressive $1.7 billion volume it saw when Pi crossed the $1 mark.
Why Is Pi Coin’s Price Falling?
According to market experts, Pi’s price slide is driven by a simple market dynamic — there’s more selling than buying. As demand weakens and supply increases, prices naturally decline. And with a major unlock event on the horizon, investors are becoming even more skeptical.
What’s Happening in June?
In June 2025, 264 million Pi tokens are scheduled to be unlocked — the largest unlock event for the remainder of the year. This influx of tokens could flood the market, adding selling pressure and driving the price down further.
Interestingly, the official “.pi” domain is also set to expire on June 28, and some traders believe this could open doors for a short-term price rally, though opinions are divided.
Kraken Pro Adds Pi Futures Trading
In a positive development, Pi Network has made a strategic move by officially entering the U.S. market through Kraken Pro, one of the world’s top cryptocurrency exchanges. The platform recently launched perpetual futures contracts for Pi Coin, allowing traders to leverage positions up to 20x — a sign that institutional interest could be growing.
Despite the recent price slump, many still consider Pi Coin a project with long-term growth. The Pi Network team continues to work on expanding its ecosystem, developing new applications, investing millions into platform growth, easing user restrictions, and exploring more real-world utilities for its token. However, analysts believe that for Pi Coin to truly establish itself, it must secure listings on bigger exchanges like Binance and Coinbase.
