Pi Network’s supply grows daily through scheduled unlocks. Over the next 30 days, about 246.88 million PI coin will unlock, adding roughly 4.73% of the locked supply into circulation in just one month. On average, the network unlocks about 8.23 million PI token every day, worth about 3.76 million dollars at the current market price near 45 cents. The largest daily unlock will hit on July 10 when 16.35 million PI, worth about 7.48 million dollars, becomes tradable.

At this stage, more than 5.21 billion PI stay locked, valued at about 2.38 billion dollars. Only about 2.5% of the total supply has moved into circulation since Pi launched. The network hasn’t shared a confirmed timeline for when the remaining supply will reach the market, and no public roadmap explains how fast the rest might unlock.
Past Unlocks Wiped Double-Digit Gains in Days
Past unlock cycles show how fresh supply puts direct pressure on price. In May, Pi’s price dropped about 13 percent in a day after 255 million PI unlocked, pulling the price from around $1.20 to near $1.05. Another unlock near late June lined up with a drop of about 25 percent as more coins hit exchanges. These drops show how steady new supply tests demand each time coins move from locked wallets to the open market.
Unlike Binance Coin (BNB) or Shiba Inu (SHIB), Pi does not remove any portion of its supply through burns. The project has no contract or rule that retires tokens to balance what unlocks daily. Every new coin stays in circulation for good. If buyer demand does not keep up, extra supply can chip away at the value of coins that holders already own.
Big Holders Control 96% — What if They Dump?
Pi’s supply sits mostly in a small circle of large wallets. Data shows that the top 100 wallets hold about 96.4 percent of all unlocked supply.

The top 10 wallets alone control over 61 percent. Smaller holders make up most Pi network accounts but often hold less than one PI. When big wallets send coins to exchanges during unlock phases, they hold enough volume to move the price faster than regular traders can react.
Furthermore, Pi coin’s daily trading volume ranges from 18 million to 54 million dollars, depending on the platform and pair. Meanwhile, each day’s new unlock adds about 3.76 million dollars worth of fresh tokens. This new daily supply equals about 7 to 20 percent of all trading activity. If daily volume drops or new buyers don’t show up, these coins can outpace what the market can handle.
Pi Price Holds Weak Floor — Next Support Near $0.42
On the four-hour chart, Pi to USD trades around 45.7 cents, stuck under all key exponential moving averages. The current range floor sits near 45.5 to 45.6 cents. If sellers push price below this line, the next visible support zone appears near 42 to 40 cents.

Any clear break back above the 50 EMA near 48 cents may open room for a move to the 50 to 52 cent zone. Until Pi breaks through these levels with strong volume, short-term bias stays tilted toward more downside while daily unlocks keep adding supply.
