Pi Network has reached a new all-time low, trading as low as $0.341 earlier today. The token first broke below its previous floor of $0.40 on August 1st and has continued falling since. At the time of writing, Pi is down over 13% on the day – the steepest single-day loss among all cryptocurrencies in the top 100.
The current price marks a sharp contrast to earlier this year, when Pi briefly touched $2.98 in February. Since then, the decline has been steady. Over the past 30 days, Pi has lost more than 40%, and its position on the market has weakened significantly.
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Listing Silence and Unlock Pressure Continue
The coin’s prolonged struggles can be traced to long-standing issues. Despite winning a community vote months ago, Pi has not been listed on Binance or other major exchanges. No updates have followed, and there is growing skepticism among investors about whether a listing will happen at all.
At the same time, token unlocks continue at scale. Millions of Pi tokens enter circulation every day, with no signs of slowing. The supply has grown by over a billion since launch in February and is projected to rise further, including another major unlock in 2027. With no offsetting demand, this steady increase in supply continues to weigh on price performance.
A Broader Market Drop – But Pi Fell Further
Yesterday was a rough day for global markets. U.S. President Donald Trump announced new trade tariffs, the latest jobs data missed expectations, and geopolitical tensions escalated after the U.S. repositioned nuclear submarines. Stocks slid, and cryptocurrencies saw a noticeable pullback.
Bitcoin, for example, dropped from $118,000 to around $113,500. Still, it remains close to its all-time highs, which were reached just over two weeks ago. Ethereum fell around 7% over the past week, but it is still up more than 35% on the month.
In contrast, Pi Network has not participated in the recent crypto rally at all. While other tokens climbed through June and July, Pi remained flat. Now, as the market pulls back, Pi is falling faster than the rest – despite not having joined the upside in the first place.
No Clear Support in Sight
With the $0.40 level broken and daily losses accelerating, Pi’s chart offers little sign of support. Technical indicators have entered deep oversold territory, but similar signals earlier this month failed to trigger a rebound. As token unlocks continue and no exchange updates appear, the coin may struggle to stabilize in the short term.
At this point, Pi Network is trading over 88% below its launch peak and more than 25% below its July price. It remains unclear what could reverse the trend unless a major listing or usage breakthrough is announced.
