The cryptocurrency market is currently facing turbulent times as substantial selling pressure has resulted in a significant decline in the value of major digital assets. Bitcoin and Ethereum have seen notable decreases, impacting numerous altcoins severely. Among these, the Pi Network’s PI token has hit an unprecedented low, dropping below $0.135, which marks a more than 30% decrease within the last month and total losses surpassing 95% since reaching its peak in February 2025.
What Are the Reasons for PI Token’s Dramatic Decline?
Several factors have fueled the significant downturn in PI token prices. Broader market conditions have dampened investment spirits, leading to a worldwide reduction in risk tolerance and a retreat from cryptocurrencies. Specific to the Pi Network, the scheduled release of new tokens presents a significant challenge. Data from PiScan indicates that about eight million PI tokens will be made available next month, with a substantial release of 18 million tokens on February 12 and around 23.6 million on February 13.
The sizeable influx of tokens could incite sales, particularly from investors eagerly awaiting these releases. Historically, such token distributions during volatile times exert intense short-term pressure on market prices. Nonetheless, some Pi Network enthusiasts remain hopeful, pointing to increased on-chain transaction volumes as evidence of growing interest, despite fears of “whale manipulation.”
Can Market Developments Offer Redemption?
Amidst these challenging circumstances, some within the community hold on to optimism. Post-February 20, the release schedule of tokens is anticipated to return to usual levels, hinting at the possibility of diminishing selling pressures. Furthermore, rumors suggest that Kraken, a major cryptocurrency exchange, may consider listing the PI token, which could enhance its liquidity and legitimacy.
• The Pi Network’s PI token has seen over a 30% decline in the past month.
• Significant token releases are scheduled, leading to potential sales pressure.
• Some believe increased transaction volumes indicate rising interest.
• A listing on Kraken might ameliorate liquidity concerns.
These developments suggest that the Pi Network is navigating through its most difficult phase, mirroring the struggles faced by the broader cryptocurrency market. While short-term challenges persist, including market conditions and token release impacts, an easing of selling pressure, potential exchange opportunities, and community backing could pave the way for a stable future for the PI token.
“After February 20, we expect token releases to normalize, potentially easing market pressures,” a Pi Network spokesperson noted.
