Pi Network’s price has experienced a significant surge, jumping over 45% to reach its highest point since March 31st, exceeding $0.75. This rise is driven by surging trading volume exceeding $1 billion, marking the highest figure since early March. The surge coincides with the network’s token unlocks. Data reveals that the network will release millions of new tokens monthly, resulting in a 1.6 billion increase in supply over the next year. These token unlocks dilute investor holdings, contributing to bearish sentiment as existing investors see their value decrease significantly. Furthermore, Pi Network’s lack of listing on major exchanges like Coinbase, Binance, and Kraken has impacted its accessibility to millions of users. This scarcity is compounded by limited ecosystem development with developers choosing mainstream networks such as Solana, Avalanche, and Berachain. The price recovery of Pi Network was driven by technical signals, specifically the formation of a bullish falling wedge pattern, which signals potential price increases. This pattern includes two converging trendlines that mark a break-out when volume increases steadily. Alongside this, a bullish divergence is evident with oscillators like MACD and Bollinger Bands Trend, both showing consistent upward movement, suggesting further price growth.