Pi Network Price Today April 26, 2025: Pi Network Decreases While Bitcoin Increases Strongly

Pi Network Price Today 4/26/2025

Pi price on OKX exchange on April 26, 2025 is fluctuating around the price from 0.6477 USD to 0.6577 USD (equivalent to 16,860 VND to 17,130 VND. Thus, at the time of writing, Pi price on OKX exchange increased by 0.2% compared to yesterday, reaching 16,960 VND

Over the past seven days, the price of PI has increased by 4.9%, currently trading around $0.65. Despite the upward trend, the bullish momentum is not really convincing, as technical indicators show that this may just be a reflection of the general recovery of the cryptocurrency market, rather than an intrinsic demand for PI.

One important indicator that reinforces this view is the RSI (Relative Strength Index). Despite the price increase, the RSI remains stable, indicating a balance between buying and selling forces.

This is different from strong growth spurts that are often accompanied by spikes in RSI, which are a sign of market euphoria.

With the RSI, if it is above 70, it is an overbought sign, which could lead to a correction; if it is below 30, it is oversold, indicating a recovery.

Pi Network lags as bitcoin surges

Amidst the overall market rally, with bitcoin surpassing $93,000 and total market capitalization approaching $3 trillion, Pi Network has lagged behind.

Once attracting millions of users with the promise of mining coins on phones, the project is now facing many difficulties as the price of IOU transactions on unofficial exchanges plummets. From nearly 3 USD at the end of February, the price of PI is now only around 0.65 USD, causing disappointment in the user community.

Pi’s market capitalization has also plummeted, from an estimated $19 billion to about $4.62 billion based on current IOU prices and circulating supply. Even if the entire supply of 100 billion tokens is taken into account, the figure is only $66 billion, down from its previously unbelievable $300 billion valuation.

This development partly reflects the market's wavering confidence in Pi's ability to realize its true value, especially when the mainnet has not yet officially opened.

Despite the sharp price drop, attention has focused on another detail: the potential assets held by the founding team. According to the Whitepaper published in 2021, Pi's total supply is 100 billion tokens, of which 20 billion (equivalent to 20%) belong to the founding team led by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan.

At current valuation, these tokens have a theoretical value of up to 13.2 billion USD, meaning each person owns about 6.6 billion USD. If they control more from the Pi fund or the community, the number could be even higher.

However, most of these tokens are still locked. According to data from PiScan, the unlocking will take place gradually until May 2028, at an average rate of about 131.2 million tokens per month. That means calling the two Pi founders crypto billionaires at this point is still just an assumption, the value only exists in theory, cannot be realized immediately.

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Source: https://baonghean.vn/gia-pi-network-hom-nay-26-4-2025-pi-network-giam-trong-khi-bitcoin-tang-manh-10295958.html