Pi Network’s price decline aligns with the upcoming release of 171 million tokens in February. Past unlocks drove down prices due to an increase in supply without corresponding demand, affecting the PI token’s market performance.
Pi Network experiences a price drop as 171 million PI tokens are anticipated to be unlocked in February 2026, following previous unlocks affecting the market dynamics.
Over 171 million PI tokens are scheduled for release in February 2026, following the 139 million unlocked in January. Coinciding, PI’s price fell to $0.16-$0.17, moving exchanges like OKX and Bitget indicate potential selling behavior.
Despite the unlocked tokens impacting PI’s price, no statements from leaders like Dr. Nicolas Kokkalis or Dr. Chengdiao Fan have been identified. Expected adjustments in market strategy are likely due to the increased token availability.
The unlock could affect investor confidence and token stability. A 24-hour trading volume drop suggests growing selling pressure, posing risks of further price decreases amid rising supply.
Although PI’s market cap remains around $1.4 billion, down from $20 billion, industry watchers focus on the market’s reaction to increasing supply. Historical trends highlight oversupply risks and community shifts in investment strategies.
From a technological stance, PI Network’s Protocol v23 and upcoming DeFi launches may see slower adoption amid bearish trends. Analysts observe key support levels and EMA positions influencing future price movements.
Potential regulatory outcomes remain uncertain without statements from financial authorities. The community must watch for developments as 17.5 million KYC-verified users and 15.8 million mainnet-migrated wallets signal continuing participation despite current bearish momentum.
For a deeper understanding of Pi Network’s current state, a video analysis on the impact of token unlocks is available.


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