- Pi Network is under pressure as 156 million tokens ($68M) unlock in August, threatening a drop below its $0.40 all-time low.
- Technical indicators show strong bearish momentum, with RSI falling and selling volume outweighing demand.
- Exchange listings on platforms like Binance are unlikely before 2026–2027 due to transparency and KYB concerns.
Pi Network’s hanging by a thread going into August. With a massive 156 million PI token unlock (roughly $68 million) on deck, the market’s bracing for what could be a seriously volatile month. The coin’s barely staying afloat at around $0.43, just a hair above its all-time low of $0.40, and there’s not much in the way of demand to soak up that incoming flood of supply.
July already saw over 250 million PI tokens hit circulation, and it’s been weighing heavy on the price. While much of crypto’s been flying high, PI’s sat on the sidelines, far from its February peak of $2.98. The vibes? Pretty bearish. Technicals aren’t helping either—RSI’s down at 38.92, signaling sellers are in control, and the Accumulation/Distribution line’s fallen off a cliff (down 85% since late June), hinting at weak buying interest.
Technicals and Sentiment Paint a Grim Picture
With indicators flashing red, things aren’t exactly looking bullish. The dropping RSI points to mounting sell pressure, and if the trend keeps going, PI could slip below that dreaded $0.40 floor. A break there might open up some scary new lows. But there’s one tiny glimmer—some analysts, like Crypto Jex, are spotting a symmetrical triangle on the chart, with support sort of sticking around $0.45.
Still, for anything to actually turn around, PI would need a clean break above the $0.65–$0.70 zone on solid volume. Only then might it enter a healthier price range and start climbing toward the Fair Value Gap area around $1.05 to $1.25. But yeah, that’s a big “if.”
Binance Listing? Don’t Hold Your Breath
One of the big roadblocks holding Pi Network back is its listing status—or lack thereof. According to community voices like Dr Altcoin, don’t expect to see it on Binance anytime soon. Maybe not even until 2026 or 2027. The exchange isn’t exactly thrilled with the project’s Know Your Business (KYB) policy and lack of transparency on tokenomics or its post-Open Network roadmap.
Even so, it’s not all gloom. Despite everything, PI’s still pulling decent trading volume—hovering around $100 million daily on exchanges like OKX and MEXC. That suggests the market hasn’t totally given up just yet. There’s still a crowd willing to speculate, at least in the short term.
A Make-or-Break Month
As of now, PI’s seen a minor bump—up 1.5% to $0.4488—with trading volume jumping nearly 200% in the last 24 hours. That’s… something. But August’s token unlock could either crush what’s left of its momentum or surprise everyone if it gets soaked up clean. The ball’s in the market’s court, and there’s not much room left for error.
