Pi Network is under the spotlight this week as millions of PI tokens are set to unlock over the next few days — a move that could increase short-term selling pressure on the token.
According to the information:
May 26: 10 million PI tokens will unlock
May 27: 12 million PI tokens will unlock
May 28: 15 million PI tokens will unlock – the largest scheduled release in the next 30 days
These unlocks may flood the market with supply, leading to downward price pressure as early holders and investors look to realize gains.
Kraken Pro Launches Pi Futures
In a key development for the token’s trading ecosystem, Kraken Pro has launched perpetual futures for PI. Announced on May 23, this move allows traders to speculate on PI’s price without owning the asset directly. Users can now take leveraged long or short positions on the token, with up to 20x leverage and over 40 collateral options available.
This marks the first listing of Pi Network on a major derivatives platform, potentially adding liquidity and boosting visibility for the token.
Ecosystem Continues to Expand
Despite price uncertainty, the Pi Network continues to grow. Analyst Kim Wong reports that over 100 Pi-based DApps are in various stages of development — with several already live on the Mainnet and others in testnet or pre-launch stages.
These developments reflect ongoing ecosystem expansion, as Pi Network looks to build real-world use cases that could help stabilize long-term demand.
Conclusion
While upcoming token unlocks may lead to short-term volatility, the combination of growing utility and derivatives access could support PI’s broader adoption and price resilience. Traders and holders alike are advised to monitor both on-chain activity and broader sentiment shifts closely in the coming days.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/pi-network-could-face-pressure-as-token-unlocks-loom/