The Pi Network community shows heightened tension because the platform intends to release 119 million tokens by the end of April 2025.

The Pi Network community is displaying heightened tension as the platform is set to release 119 million tokens by the end of April 2025. The upcoming massive token release is putting the token price in early indicators of market instability. Public opinion on the upcoming token release has dual perspectives, with supporters seeing it as future PI evolution, but opponents predict short-term market turmoil will continue to devalue the currency.
Pi Price Sinks Amid Massive Unlock Event, Recovery Ahead?
PiScan indicates that 1.4 million PI tokens received distribution on April 11, 2025, during the very first day of token release. A programmed release schedule for the rest of April will reveal the remaining 119 million PI tokens to holders. The token release is the biggest one in the brief yet intensively monitored period after the platform transitioned to mainnet operation. These distribution purposes aim to satisfy both early project contributors and their rewards and payments to ecosystem partners.
The extent of this token release prompted several market participants to remain in standby before making any decisions. The market may experience supply chain fluctuation, which devalues prices if utility growth and adoption levels fail to match.
The Pi price fell over 30% in just two weeks, causing panic across unofficial exchanges. Insight network users have suffered more than a 30% reduction in their token market value over the past fourteen days, while unofficial exchanges place PI token costs at $0.59. Several peer-to-peer trading platforms are the first to carry out transactions for Pi Network tokens, although the platform shies away from traditional exchanges due to its community-oriented KYC system. The market valuation dropped quickly due to investors’ fear of an impending supply surplus, along with increased selling activities. Some original PI holders are expected to sell portions of their tokens after token exchange availability becomes possible, especially for individuals who participated in the initial invite-only mobile mining rewards period.
Pi Forecast Remains Uncertain as Analysts Debate April Movement
Analysts are adjusting their Pi forecast as fresh tokens enter the market daily. The short-term bearish indicators have not deterred certain crypto analysts who project positive movements for PI prices throughout April. The PI token has an estimated return to $0.78 by mid-April, although its ultimate value depends on broader market factors, as CoinCodex predicts. The token value within Pi Network’s ecosystem, together with positive ecosystem announcements, may push PI to reach $2.70 to $2.80 by the month’s end.
The price forecast largely depends on Pi Network’s ability to present functional real-world applications, achieve exchange trading, and maintain community engagement. A lack of these developments would cause technical indicators and investor sentiment to continue in a downward direction.
Analyzed by Triparna Baishnab, published on TradingView on April 11, 2025
Despite the current focus on immediate price changes, Pi Network developers are concentrating on developing their broader plan. The team is building its decentralized application ecosystem while working to enhance wallet usability and encourage merchants to accept payments in PI. Rumors about future partnerships with mass adoption potential remain unofficial as no formal announcements have been made. The team stated that Pi’s value lies in its capacity to establish a peer-to-peer economy, empowering individuals worldwide.
Pi Token Community Split as 119 Million Coins Hit Circulation
The next few weeks will be interesting to observe for all parties who hold or are planning to hold PI. The large-scale token unlock has a dual impact, expanding supply and posing a risk of reduced price stability, but also fostering increased network usage. Reddit and X (formerly Twitter) users have mixed feelings toward Pi Token, with some users building their holdings while others are planning to leave or express frustration about the delayed mainnet launch and exchange listing.