Pi Network (PI) is at a decisive crossroads this Uptober as traders eye whether the embattled token can defend its crucial $0.25 support and mount a long-awaited rebound.
After suffering months of sharp volatility and investor fatigue, Pi Coin is now trying to regain market traction amid a broader crypto recovery. Despite Bitcoin’s surge and renewed optimism across altcoins, Pi’s muted performance highlights persistent concerns about weak demand, stalled whale activity, and uncertainty surrounding its long-anticipated mainnet launch.
Whale Exit and Weak Demand Add Pressure
One of the main reasons behind the continued weakness in the Pi Coin price is the sudden halt in accumulation by a major whale investor. Data from PiScan shows that this large holder had previously accumulated 383 million PI tokens—worth over $100 million—but has not made a significant purchase in the last ten days.
Pi Network (PI) has dropped 95% to $0.186, with supply pressure mounting amid ongoing unlocks, while whale activity hints at a potential rebound. Source: crypto.news via X
Analysts suggest three possible explanations: the whale might be taking profits, may have reached an allocation target, or is losing confidence in short-term price performance.
A recent Pi Network news update noted that the abrupt pause in whale activity removed a key pillar of demand that had been supporting Pi Coin through its volatile swings.
The absence of strong whale participation has coincided with low daily trading volume, which stands at around $33 million—a fraction of what is typically seen in large-cap altcoins. With more than 125 million PI tokens scheduled for unlock this month—and over 1.2 billion in the next 12 months—the imbalance between supply and demand could continue weighing on the price of Pi Coin.
Community Eyes the Mainnet and DeFi Integration
Despite the market setbacks, Pi Network’s development team continues to advance toward its long-anticipated open mainnet launch. The project recently introduced a testnet for decentralized exchanges (DEX) and automated market-maker (AMM) features, enabling developers to build decentralized applications within the Pi ecosystem.
This move is viewed as a strategic step toward enhancing the Pi blockchain’s real-world utility, particularly as other blockchain platforms deepen their integration into DeFi and Web3.
Dr. Chengdiao Fan, co-founder of Pi Network, delivered a keynote at Token2049, discussing the project’s vision and future developments. Source: ONE WORLD DIGITAL CURREN via X
At the TOKEN2049 conference in Singapore, Pi Network co-founder Dr. Chengdiao Fan appeared publicly for the first time. However, her presentation—which focused on the project’s long-term vision—did not include new updates on Pi Network’s open mainnet launch date or exchange listings, leaving many investors underwhelmed.
Technical Outlook: Support at $0.25, Resistance at $0.340
From a technical analysis perspective, Pi Coin is currently hovering inside a consolidation range after forming a bearish flag pattern on the four-hour chart. This setup often precedes a downward breakout, but a confirmed rebound from $0.25 could invalidate the bearish signal.
If Pi Coin manages to maintain its footing above $0.25, analysts see potential for a 35% move upward toward the $0.286 and $0.340 resistance levels. A breakout above $0.340 could extend gains toward $0.360, effectively erasing September’s sharp decline.
Pi Coin plunged to a new low of $0.184 after a volatile September, eyeing a Uptober rebound to $0.286–$0.340, while failing $0.256 support risks a drop to $0.200. Source: BeInCrypto on TradingView
Conversely, failure to hold support could trigger another correction toward $0.200, undermining the short-term bullish structure.
The next few weeks will determine whether Pi Coin can regain momentum or continue to weaken, with a close below $0.25 likely signaling renewed selling pressure.
Investor Sentiment: Patience Tested, but Hope Persists
Although Pi Network has been slower to benefit from the Uptober rally, some analysts remain cautiously optimistic. Seasonal trends and oversold technical indicators could favor a short-term bounce if market conditions remain stable.
According to BeInCrypto’s analysis, Pi Coin’s Relative Strength Index (RSI) recently dropped below 30, entering oversold territory—a potential precursor to a relief rally. Historically, Pi has rebounded in similar situations when investor sentiment shifted back toward risk assets.
However, broader uncertainty around the Pi Network mainnet launch and real market listings continues to weigh heavily. The Pi mining community, while still active, is growing impatient for full mainnet integration and real-world trading opportunities.
Looking Ahead: Can Pi Network Recover in Uptober?
As October 2025 unfolds, the Pi cryptocurrency stands at a crossroads. On one hand, technical indicators and seasonal optimism hint at a potential Uptober rebound toward $0.340. On the other hand, weak demand, token unlocks, and whale inactivity remain significant headwinds.
Pi Network was trading at around $0.26, down 0.44% in the last 24 hours at press time. Source: Brave New Coin
If Pi Network can leverage its upcoming mainnet features and reignite investor confidence, a gradual recovery could follow. But without new catalysts, the coin risks drifting sideways or retesting its recent lows.
For now, the Pi Coin price prediction leans cautiously optimistic—with recovery hopes resting firmly on the $0.25 support zone holding strong.