The Pi Network price continued to trade near record lows as the market prepared for a large supply increase. The token, known as PI, remained under pressure during the past week. On Sunday, the Pi Network price was trading near $0.1450. This level was slightly above its all-time low of $0.1305. The asset has declined by more than 90% from its historical peak.
Market data showed limited trading activity as investors monitored upcoming events. The Pi Network price has struggled to recover amid persistent selling pressure and expanding circulating supply.
Pi Network Price and Upcoming Token Unlock Events
The Pi Network price is facing additional attention due to a scheduled token unlock. More than 82 million PI tokens are set to become transferable within seven days. At current market prices, the unlocked tokens are valued at over $11 million. These coins will add to the available circulating supply.
Monthly unlock data indicates that approximately 206 million PI tokens are expected to unlock throughout the month. Once unlocked, the tokens can be transferred and potentially moved to centralized exchanges. Such events typically increase available liquidity in the market.
The Pi Network team also confirmed that validator rewards are scheduled for distribution in March. These rewards will be paid in PI tokens. Some validators may hold their allocations, while others may transfer or trade them.
Pi Network Price Charts and Technical Levels
Technical indicators showed continued weakness in the Pi Network price. The token fell below the $0.1520 level, which previously marked a record low. Price action also remained under the 50-day and 100-day moving averages on daily charts.
Market indicators placed PI below the Supertrend indicator, reflecting prevailing bearish conditions. Trading volume remained relatively low, suggesting limited participation from new buyers.
Pi Network Price and Potential Kraken Listing
Despite current price conditions, the Pi Network price remains linked to future developments. The project roadmap includes a potential listing on Kraken, one of the largest cryptocurrency exchanges in the United States. No official listing date has been confirmed.
The Pi Network price continues to reflect ongoing supply changes, technical pressure, and upcoming ecosystem events.
