What Will Pi Network Have in 2025?

PI, the native token of Pi Network, continued its downward trend in May as it failed to hold the support level of $0.6 amid bearish technical factors. Pi Network has decreased by nearly 10% in the past week, trading at $0.59 at the time of the press release.
The chart shrinks, the token has lost more than 23% of its value compared to last month's high and nearly 80% from its all-time high of $2.99 reached at the end of February. Its market capitalization stands at $4.1 billion, down more than 40% in daily trading volume, fluctuating around $75 million at the time of writing.
Most of the recent selling pressure has stemmed from dilution concerns. In April alone, approximately 21.4 million PI tokens were unlocked, worth about 12.3 million dollars at current prices. Although this is just a small unlock at the moment, investors may be bracing for much larger unlocks coming soon.
Looking ahead, the monthly unlocking trend indicates that the supply will steadily increase, with an average of more than 131 million PI expected to hit the market each month over the next year.