Pi Network unlocks 8.7 million PI tokens… Price remains stable
On December 25, 2025, Christmas Day, Pi Network unlocked a total of 8.7 million PI tokens, but the market did not experience significant price volatility, showing a relatively stable trend. However, this price trend still relies on community-led unofficial tracking, lacking official exchange data or confirmation from the core team, thus limiting verification.
KYC completion surpasses 19 million… Ecosystem continues to expand
As of now, over 19 million users have completed the Pi Network KYC (Know Your Customer) process. This has become the main driver supporting ecosystem growth during the “closed mainnet” phase. However, the full public trading of PiCoin has been repeatedly delayed, and the resulting lack of transparency remains a concern.
PiCoin Market and Technical Analysis
As of December 26, the price of PiCoin is trading at approximately $0.2053 per coin (about 273 KRW). Some analysts predict, based on technical indicators, that by January 2026, its price could drop to as low as $0.1536 (about 204 KRW).
The current RSI (Relative Strength Index) is around 33, approaching the oversold zone. According to moving average analysis, a strong resistance line has formed near $0.44 (about 585 KRW), which poses a barrier to short-term rebounds. On the other hand, trading volume has plummeted 99% since February this year, indicating low market volatility and shrinking liquidity.
Ecosystem Status and Development Challenges
Currently, Pi Network has registered over 80 decentralized applications, and efforts to diversify the ecosystem are ongoing, such as the partnership with CiDi Games for GameFi integration in November. However, no updated official roadmap or additional ecosystem-related announcements have been released recently.
Experts believe that for Pi Network to achieve sustained growth in the future, establishing a public trading environment and increasing transparency of information are crucial.
Token Supply and Market Cap Status
Pi Network’s maximum supply is 10 billion coins, with approximately 8.37173 billion coins in circulation, accounting for about 8.3% of the total issuance. The current market cap is about $1.7188 billion (roughly 2.288 trillion KRW), ranking 42nd in the global cryptocurrency market, with a market share of approximately 0.0576%.
The 24-hour trading volume is about $9.17 million (around 122 billion KRW), down 9.4% from the previous day.
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