#PI On June 7, 2025, at 00:51, the price of Pi coin was between $0.60312 and $0.65040, with a 24-hour fluctuation of 7.84%. The trading volume was 19.71 million, and the trading amount reached $12.82 million, with a 24-hour rise of over 21%. The market capitalization approached $9 billion.

Recently, Pi Network has had some important developments affecting its trend. On June 4, the core development team of the Pi Network announced three strategic plans, including the launch of the mainnet upgrade project codenamed Phoenix on June 5, which involves optimization of the consensus mechanism and three core modules. After the upgrade, the network is expected to process 3000 transactions per second, with Gas fees expected to be reduced by 40%. In addition, on June 25, an ecological support plan will be announced, establishing a special fund worth a total of 200 million Pi coins to reward high-quality decentralized application development teams.
From the market expectations, Pi Network plans to unlock 276 million PI coins in June, which may intensify selling pressure. Technical indicators show bearish signals, with the Relative Strength Index (RSI) at 40.49 and the Aroon Down at 86%, indicating strong downward momentum. If there is no new buying interest to reverse the trend, the price could potentially drop to the historical low of $0.40. However, if it can successfully reclaim $0.65 and turn it into a support level, and further break through $0.78, it may break the downward trend and usher in a price rebound.