Pi Network: Real Price and Market Analysis – May 22, 2025

Pi Network is currently trading at $0.8489, up 8.4% in the last 24 hours, with a 24-hour trading volume of $536.2 million.

However, the price of this token has hardly changed in the past 7 days, signaling a temporary stabilization period after a spike to $0.978 last week.

This asset currently has a market capitalization of $6.12 billion, with a circulating supply of 7.21 billion PI and is ranked 31st globally by market capitalization.

Technically, PI is fluctuating between $0.78 and $0.86, and a breakthrough above $0.88 to $0.90 could pave the way to challenge the psychological barrier at $1.00, especially if broader market conditions remain optimistic.

The support level is near $0.78, with the volume still high - up 170% in 24 hours - indicating the return of participation from retail and institutional investors. From a fundamental perspective, PI Network is thriving amid increased speculative trading and renewed discussions about the launch of the final open mainnet. This ecosystem emphasizes mobile device mining, social interaction, and KYC-based access, and has attracted over 27,000 real merchants in PiFest 2024.

In addition, recent news revealed that 86 million PI tokens have been withdrawn from OKX, indicating a significant change in supply that could support a higher floor price in the future.

If the PI breaks through the $0.88 level and holds the volume, the price is expected to reach $0.97–1.04 within 5–8 days, thanks to increased adoption, on-chain movement, and strong exchange activity.