Pi’s below $1 for more than half a year: low trading volumes, massive unlocks & no Binance paint a dim picture.
Pi Network’s (PI) native crypto token has been floating just above the $0.20 major demand area for quite some time now. With the Consumer Price Index (CPI) data coming out softer than what was expected, this served a perfect early 2026 boost for most major caps, but not Pi Coin (PI).
Pi Coin’s Unlocks & Lack Of Listings Posing Threats?
This week, the mobile-mining network’s native crypto is compressing in a tight range between $0.2057 – $0.2107, but market connoisseurs are assessing the odds of an eventual $1 reclaim. Pi Coin’s price hasn’t seen the $1 price tag ever since May 14, 2025 – the lack of exchange listings had taken its toll, but that’s not the only issue bothering the Pioneers.
Aside from that, the Pioneers are dealing with multi-million Pi token unlocks every day, even though the average figures have calmed, inducing softer inflation on the Pi Network’s native coin. Meanwhile, Pi Network’s core team penned a MiCa regulation-themed white-paper, fueling broader speculation that the altcoin is arriving on Robinhood’s European Union branch soon.
Pi’s Price Yet To Catch Up: What’s Next For Pioneers?
The mobile altcoin carries on dwelling in very stagnant trading volumes on Spot markets. On Wednesday, Pi Coin garnered just above $14 million – a figure uncanny for a TOP 100 crypto asset by market capitalization, according to CoinGecko’s data.
With the Pi Hackathon recently closing in, Pi Network (PI) now strives for real-world utility. The winners are launching a Web3 dating app, while Pi’s core team is dropping DEX launch. On top of all this, Pi’s mining rate hasn’t been this fast in a long time.
So what’s halting Pi Coin’s rally to $1? The buying power is not there. Judging from the Chaikin Money Flow (CMF), largest holders, popularly referred to as whales, are divided on Pi Coin’s direction.
The CMF index hovers at -0.03 on the 4-hour charts, meaning that most Pi Coin whales are still in a wait-&-see mode as Pi’s rally stalls in comparison to other top altcoins. With the broader markets enjoying a rebound, Pi’s negative whale sentiment prevents the price from a bounce.
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