Pi Network Price Volatility Fueled by 5M Token Unlock

Pi Network is experiencing price fluctuations following a recent 5M Pi token unlock on April 22, 2025. While current IOU prices hover around $0.63, analysts predict potential for a 200% surge in the coming weeks, according to CoinCodex. The volatility arises from the restricted trading environment of Pi Network’s IOU markets, which prevents access to major exchanges. Experts cite past launches like Aptos and SUI as possible parallels, highlighting the potential for speculative activity. However, these scenarios differ from Pi’s current situation due to its restricted market conditions.