PI Token, the native cryptocurrency of Pi Network, has faced a steep 17% decline in July 2025. The drop comes amid a major supply unlock event and weakening on-chain metrics, raising concerns among investors. Will the token recover, or is further downside ahead?
PI Token Faces Bearish Pressure Amid Supply Unlock
PI Token’s downward trend intensified in July, with prices struggling to hold above the critical $0.40 support level. The bearish momentum coincides with an upcoming unlock of 160 million PI tokens in August, increasing circulating supply by 2.1%. Historical data shows such events often lead to increased selling pressure.
Technical Analysis Shows Weakness in PI Token
Key indicators suggest continued bearish momentum for PI Token:
- RSI trending toward oversold territory without reversal signals
- MACD approaching a bearish crossover
- Price forming lower highs and lower lows on multiple timeframes
On-Chain Activity Reveals Mixed Signals
While an unknown wallet accumulated 1.4 million PI tokens, overall on-chain metrics remain weak. The delayed integration with Onramp Money has further dampened sentiment, limiting fiat on-ramp options for investors.
What’s Next for PI Token?
Market analysts identify several key levels to watch:
| Support Levels | Resistance Levels |
|---|---|
| $0.3837 (S1 pivot) | $0.45 (psychological barrier) |
| $0.3572 (potential support) | $0.50 (reversal confirmation) |
| $0.2585 (S2 pivot) |
FAQs About PI Token’s Recent Decline
Q: Why is PI Token dropping?
A: The decline stems from a combination of supply unlock concerns, technical weakness, and delayed platform integrations.
Q: When will the PI Token supply unlock occur?
A: Approximately 160 million tokens will be unlocked in August 2025.
Q: What are the key support levels for PI Token?
A: Critical supports include $0.40, $0.3837, and $0.3572. A break below could test $0.2585.
Q: Is there any positive development for PI Network?
A: The Onramp Money integration is expected in mid-August, which could improve accessibility.
