Pi Network Unlocks 188 Million Tokens in March 2025

In March, the Pi Network mining project expects to unlock nearly 200 million PI tokens, which will become available to more than one million users.

The unlocking of 188 million coins is unlikely to have a negative impact on the price of PI, as demand for this asset continues to grow.

In recent months, Pi Network has become one of the most talked-about projects in the crypto community. Since the launch of the mainnet on 20 February, the price of Pi has increased by almost 100 per cent, peaking at $2.99. Despite criticism and accusations of fraud, the mining platform has gained enormous recognition among users.

A week ago, the Pi Network coin was ranked 3,157th on CoinMarketCap. The data aggregator initially refused to update the asset's capitalisation, but has since changed its position. Pi is now ranked 11th among major cryptocurrencies, surpassing well-known projects such as Hedera (HBAR), Chainlink (LINK) and Stellar (XLM).

Pi's market value, at the time of writing, is $13.6 billion. According to CoinMarketCap, 91% of users are bullish on Pi.

This month, Pi Network expects to unlock 188 million tokens for over 1.1 million users.

Why doesn't Binance list Pi Coin?

While Pi Network continues to expand, its community is furious with Binance for not yet adding Pi Coin. Strong support for Pi's listing emerged in a recent survey of the Binance community, but the exchange has yet to act.

Many Pi fans have responded to the delay by criticising Binance's Google Play page with negative reviews. According to Binance, listing decisions are influenced by factors such as trading volume and market liquidity. Pi was not specifically mentioned, but the exchange acknowledged the issues associated with its listing.

Impact of Pi Network's airdrop on price and market dynamics

Unlocking such a large number of coins will inevitably affect Pi's price. The project recently made the largest airdrop in the history of the crypto industry. At its peak, the total value of token distribution from Pi Network reached $12.6 billion. Overall, the project community received 6.3 billion coins, generating enormous attention among users.

Today, there are over 11.5 million Pioneer accounts. Of these, 7.25 million (63%) have blocked their Pi for three years, while 1.6 million accounts (14%) have blocked them for one year. Consequently, selling pressure may not manifest itself immediately, despite the high number of users.

At the time of writing, Pi is trading at $1.92. In the past 24 hours, the price of the asset has risen by 1 per cent. Recently, it has emerged that more and more Asian countries are accepting the Pi Network cryptocurrency as a method of payment for goods and services. This practice is gradually gaining popularity in the US as well.