Pi Network’s Open Network & Token Release: Will it Survive a Price Correction?

Pi Network recently launched its open network, transitioning from an enclosed to an open one on February 20, 2025. This move enabled wallet transfers and allowed PI tokens to be traded on exchanges like OKX and Bitget. However, the recent release of 7.1 million PI tokens into circulation, valued at $4.34 million, has caused a price drop. The influx of tokens, coupled with reduced demand, has raised questions about Pi Network’s long-term stability. The community is now bracing for further token unlocks and how market dynamics will impact the coin’s future price.