Pi Network Token price continues to be under pressure: August trend analysis and future outlook

As of August 20, 2025, according to the latest market data from Gate, the trading price of Pi Network (PI) is approximately $0.3479, having fallen by 1.35% in the last 24 hours, continuously testing the key support level of $0.35. The current market capitalization of PI is reported at $2.7 billion, ranking 46th among global Crypto Assets.

In-depth Analysis of Price Trends

Pi Network experienced significant falling pressure in August. Weekly data shows that the PI price fell by as much as 14.20%, far exceeding the overall decline of 0.10% in the Crypto Assets market during the same period and the increase of 1.50% in the Layer 1 sector.

The 24-hour trading volume across various platforms is approximately 65 million to 79 million USD, but there is a significant decrease compared to previous periods. This indicates a reduction in market participation, weak liquidity, and exacerbates the risk of price volatility.

From a technical analysis perspective, PI is trading within a descending channel or descending triangle, showing sustained bearish pressure and weak rebound attempts. Key resistance levels are in the $0.45 - $0.49 range, while key support levels are in the $0.33 - $0.37 range, with $0.335 being viewed as a recent cycle low.

In terms of technical indicators, Chaikin Money Flow (CMF) has reached a monthly low, indicating an increase in capital outflow and a strong bearish sentiment in the market. The Relative Strength Index (RSI) is also below the neutral level, with downward momentum remaining intact.

Token Economics and Market Pressure

One of the biggest challenges facing the Pi Network is the supply pressure brought by its token economics. Its circulating supply is approximately 7.84 billion PI tokens, with a maximum supply cap of 100 billion.

Recently, token unlocking events have posed significant pressure on the market. In August, 276 million PI coins were unlocked, accounting for 3.5% of the circulation, which is equivalent to 2.4 times the average daily trading volume. Historical data shows that similar unlocking events have triggered a drastic fall of 34%.

The continuous issuance of mobile mining and the large token unlock in July (approximately 2 million coins) are suppressing price momentum. The exchange inventory has reached 411 million coins, a year-to-date high, accumulating significant selling pressure risk.

Ecosystem Development and Catalysts

Despite the weak price performance, the Pi Network ecosystem is still trying to grow. The most noteworthy event is the hackathon launched on August 21, aimed at encouraging application development through the Pi App Studio, with a prize pool of 160,000 PI.

Pi Network has also integrated TransFi, which is a fiat channel verified through KYB, allowing pioneers to directly purchase and convert PI through the wallet. This integration is expected to improve the utility and adoption rate of PI.

On the other hand, the relationship between Pi Network and mainstream exchanges has also attracted much attention. Previously, there were widespread rumors in the community that Binance might list PI on August 15, but that date has passed without realization. Analysts pointed out that neither Binance nor the Pi Core Team are ready to take this step; the team is currently focused on perfecting the blockchain and conducting stress tests.

Future Price Predictions and Scenario Analysis

Based on the current market conditions and technical analysis, the price outlook for Pi Network has various possibilities:

• Conservative scenario: Price range is $0.4 - $1.5. This scenario assumes that early user selling pressure continues, ecological applications are scarce, and technological bottlenecks (such as TPS only 50,000) have not been broken.
• Neutral scenario: Price target $3.78. This scenario assumes that PI successfully lands on mainstream exchanges like Binance or Coinbase, activating the trading demand of 45 million users.
• Optimistic scenario: Price target $620+. This scenario requires PI to achieve Visa-level 65,000 TPS, millions of merchants to implement payments, and to obtain global compliance licenses.

In the short term, market analysts warn that if the $0.335 - $0.37 support level cannot hold, PI faces further downside risk. A break above $0.45 could signal an important turning point.

Investor Strategy Recommendations

For investors interested in the Pi Network, considering the following strategies may be more prudent:

Short-term (1-3 months) investors should closely monitor the $0.36 support level and the $0.44 breakout signal, keeping an eye on the selling pressure digestion progress after the token unlock at the end of August and the listing progress on mainstream exchanges.

Long-term (2-3 years) investors may consider that if the DeFi integration and cross-border payment scenarios of Pi Network can be realized, the price may evolve towards $5 - $10. It is recommended to adopt a dollar-cost averaging strategy and plan for a holding period of around 5 years, with an allocation ratio suggested to be less than 5% of total assets.

##Future Outlook

The core contradiction in the current valuation of Pi Network lies in the balance between its claimed user base of 60 million and a potential supply of 100 billion. Although the technical side has shown signs of an oversold rebound, a real breakthrough still depends on substantial ecological progress: listing on mainstream exchanges, improvements in mainnet performance, and the practical application of merchants.

Investors need to be wary of the potential downside risks in the September market, using $0.38 as a flexible boundary for bull and bear positions.