Pi Network is grappling with a price slump as its unlocked supply continues to put pressure on the cryptocurrency’s value. Despite reaching a record-high level in February 2025, the token has been battling a decline since launch due to the substantial amount of coins that have become available for trade through the mainnet unlock. 🔒 📉 This leaves investors uncertain about Pi Network’s future stability and fueling concerns over its long-term recovery. The ongoing price drop reflects a lack of concrete solutions from Pi Network’s leadership, with founder Dr. Nicolas Kokkalis emphasizing ecosystem development and user empowerment over speculative trading. 🌱 He has stated that the company is dedicated to driving adoption through real-world merchant integration and empowering users instead of focusing on short-term market fluctuations. However, the lack of concrete actions from the Pi Network leadership has deepened investor anxieties, particularly regarding future token releases that could exacerbate the situation. The absence of substantial institutional support for Pi Network further contributes to the volatility in its price, as seen through technical analysis showing a lack of correlation with other major DeFi tokens and past experiences of similar unlock phases in other cryptocurrencies. Experts are warning about potential price drops due to upcoming token releases, comparing them to past large-scale unlock events that impacted other digital assets. 📈 While the cryptocurrency market remains uncertain, Pi Network community’s reactions reflect a mixed bag of opinions regarding the ecosystem’s future amidst these challenges. Some believe in drawing parallels with past market trends observed on TradingView’s Twitter page for insights. Read the latest updates and analysis from marketbit.io.