Pi Network Rebounds 35% Ahead of Pi2Day: Can the Price Rally Continue?

Pi (PI) Weekly Price Trend Review

Figure:https://www.gate.com/trade/PI_USDT

On June 23, 2025, the native token PI of Pi Network fell to $0.47, reaching a recent low. Subsequently, the market quickly reversed, rising for three consecutive days, and on June 26, it peaked at $0.66 during the trading session, with a cumulative increase of 35%. However, there was significant selling pressure at the high point, and it closed that day around $0.55.

This wave of V-shaped Rebound has attracted widespread attention from the market and has also focused attention on the upcoming annual community event - Pi2Day.

Factors Driving the V-Shaped Rebound

This round of Rebound is not without a source. First of all, Pi2Day is held on June 28 every year and is one of the most important commemorative events for the Pi community, historically often accompanied by key updates such as mainnet progress, application layer ecosystem announcements, KYC policy updates, and so on.

Secondly, social media has spread speculation about the mainnet launch and comments about “major news coming soon” in a short time, creating a significant sense of FOMO (Fear of Missing Out). In addition, there are reports from some exchanges that they may open trading pairs for Pi, although it has not been officially announced yet, this kind of positive expectation has accelerated buying.

Short-term Rebound and Profit-taking Pressure

However, the 35% rapid increase also brings concerns. A large number of sell orders have appeared in the high-price area, indicating that many early mining users have chosen to cash out their profits before Pi2Day. Considering that the current circulation of Pi mainly comes from the “free output” of early users, this kind of profit-taking exerts strong pressure on the price.

In addition, some trading platforms only allow IOU trading, and the actual mainnet tokens have not yet fully circulated, which can lead investors to overestimate the actual market value and liquidity, further exacerbating volatility.

Market sentiment and expectations before Pi2Day

The community has high hopes for the Pi2Day event. Especially against the backdrop of the mainnet not yet fully launched and the relatively weak ecological applications, a successful event could become an important milestone for boosting confidence in the project.

However, one should also be wary of the typical phenomenon in the crypto market where “good news leads to selling”. If the content of the activity is insufficient or no significant breakthroughs are announced, the current high expectations may quickly turn into selling pressure.

Risk points that investors should pay attention to

1. KYC and Mainnet Restrictions: Currently, there are still a large number of users who have not completed verification and are unable to participate in trading, resulting in insufficient liquidity.
2. Token release rhythm: Once the mainnet is fully open, if the unlocking is too fast, it may create pressure on the price.
3. Official information is not transparent: The current official roadmap and economic model of the Pi Network still have many unknowns, making it difficult to fully assess the risks.

Mid-term Outlook and Personal Investment Recommendations

The 35% rebound of Pi Network before Pi2Day indicates that the market still has enthusiasm, but the lack of fundamental support will make the short-term price unstable. It is recommended that investors:

• Participate with a small position cautiously, and do not blindly chase highs;
• Pay attention to official news; prices may fluctuate after the event ends.
• Pay attention to KYC and unlocking announcements, as they are key references for mid-term layout.