Pi Network (PI), 1.7 Billion Supply Hurdle...When Will It Reclaim $0.1?

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Pi Network (PI) failed to revive buying momentum despite a protocol upgrade. With 1.705 billion PI expected to be released over the next 12 months, supply pressure has emerged as the biggest obstacle to a rebound.

According to cryptocurrency media outlet CoinGaap on August 4 (local time), Pi Coin has fallen 30% in the past month. Compared to its peak of $2.98 recorded in February 2025, the drop is approximately 97%. While it is 17% higher than the July 14 low of $0.07072, no clear long-term buying trend has emerged.

The Pi Core Team has begun applying Protocol 26 to the mainnet. Node operators must complete the software update by August 11 to maintain their mainnet connection. Operators who miss the deadline may lose mainnet connectivity until the update is completed. Protocol 26 is the first step in the two mainnet upgrades planned by the development team.

Despite ongoing technical development, market reaction has been limited. This year, Pi Network deployed Pi2Day SoloHost, Pi Sign-in, PiVerify, Protocol 26.1, and SLICE Launchpad. CoinGaap analyzed that investors are reacting more sensitively to the increased token supply than to ecosystem expansion.

Approximately 127.96 million PI are scheduled to be released in August. The value of this supply is approximately $10.56 million as of the time of writing. The value of monthly unlocked supply is expected to increase from $6.33 million in June to $12.30 million in November. Approximately 1.705 billion PI, valued at about $140.70 million, could be in circulation over the next 12 months.

Technical trends also leaned bearish. The MACD line fell below the signal line, and the RSI (Relative Strength Index) recorded approximately 41, which is lower than the neutral benchmark of 50. If $0.072 is held, $0.09, $0.1, and $0.11 will successively become resistance levels. If $0.072 breaks, $0.068 and $0.06 are suggested as the next downward targets.

[Article Key Summary]

-Pi Network introduced Protocol 26 but failed to restore long-term buying momentum.

-Approximately 1.705 billion PI could be in circulation over the next 12 months, with increased supply pressuring price rebound.

-If $0.072 holds, a retest of $0.1 is possible, but if it breaks, the downside could open up to $0.06.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. This content should be interpreted for informational purposes only.*