Institutional Interest Meets Token Flood in Pi Network's Crucial September 2025 Crossroads

Pi Network’s recent market activity has been shaped by significant events, including the launch of its first-ever Exchange Traded Product (ETP) on the London Stock Exchange and the impending token unlock of nearly 159.5 million PI tokens in September 2025. The ETP, introduced by Valour—a subsidiary of DeFi Technologies—has sparked renewed bullish sentiment among Pi users, who have long been engaged in mining the asset. This launch is being closely watched as a potential catalyst for price recovery, with CoinMarketCap reporting that Pi ranks among the top 10 cryptocurrencies with the strongest bullish sentiment over the last 24 hours [1]. The ETP, available in Swedish Krona (SEK), reflects growing institutional interest in the asset and could provide a mechanism for increased liquidity and price discovery [1].

However, the same month will also see the gradual release of a substantial number of PI tokens through daily unlocks, which could create upward pressure on supply and potentially weigh on the price. According to data from PiScan, the daily unlock mechanism is designed to mitigate the risk of a sudden market shock, but analysts remain cautious about the broader implications for Pi’s valuation [1]. Despite these concerns, the project has continued to make strides in infrastructure development, including the recent release of a Linux-based Pi Node version and the ongoing open-sourcing of its v23.01 protocol upgrade [2]. These developments aim to enhance security, scalability, and transparency, which are critical for long-term adoption and credibility [2].

At the time of writing, Pi Network is trading near $0.3578, having risen from an intraday low of $0.3521 on Friday. This short-term rebound has increased the possibility of a continuation within the falling channel pattern, with key resistance levels at $0.4096 and $0.3442 marking potential thresholds for further movement [1]. Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest a steady accumulation of buying momentum, with the RSI approaching 44 and MACD avoiding a bearish cross [1]. If Pi breaks above $0.3442, it could potentially test its all-time low at $0.3220, raising concerns about further downside risk.

Meanwhile, BlockDAG has emerged as a major player in the presale market, having raised over $395 million and sold more than 25.7 billion tokens as of early September 2025. The project, which standardized its presale price at $0.0013 during the BDAG Deployment Event, has attracted significant attention from both retail and institutional investors [3]. Whale activity has further accelerated interest, with large buyers committing over $4.4 million and $4.3 million to the project [4]. The X1 mining app, which has attracted over 3 million users, and the distribution of 19,000 ASIC miners, have also contributed to BlockDAG’s rapid adoption and infrastructure growth [4]. Analysts highlight the project’s unique position in the market, with its combination of presale ROI, adoption metrics, and whale participation setting it apart from competitors [4].

In contrast, Cardano (ADA) has seen a shift in sentiment, with Santiment data showing that community optimism has hit a five-month low [5]. Despite this, ADA has shown a 5% gain during the same period, with institutional investors reportedly using the bearish market to accumulate positions. The asset is currently consolidating within a narrow range, testing a key demand zone between $0.81 and $0.83 [5]. If ADA breaks above the 20-day Exponential Moving Average (EMA) near $0.84, it could target levels as high as $0.96 and $1.02. However, a failure to hold above $0.83 could expose the price to further downward pressure, with $0.68 as a potential downside target [5]. Technical indicators, including the RSI and MACD, suggest a mixed outlook, with oversold conditions hinting at a near-term bounce but bearish momentum still dominant [6].

The broader market is also watching the SEC’s delayed review of a potential spot Cardano ETF, which has been extended to October 2025. This regulatory development is seen as a key driver of institutional interest and could influence the trajectory of ADA in the coming months [6]. Meanwhile, ongoing upgrades such as Hydra and Mithril, along with a $71 million treasury fund for ecosystem growth, are being highlighted as long-term positives for the project [6].

Source:

[1] Pi Network Price Forecast: Pi ETP Launch Fuels Bullish Sentiment (https://www.fxstreet.com/cryptocurrencies/news/pi-network-price-forecast-pi-etp-launch-fuels-bullish-sentiment-202508291104)

[2] Pi Network 2025 Update: Huge Mainnet News, Price Rumors (https://coindoo.com/pi-network-2025-update-huge-mainnet-news-price-rumors-what-every-pioneer-must-know/)

[3] Top Presale Crypto 2025: BlockDAG, Nexchain, Coldware (https://coindoo.com/4-top-presale-crypto-2025-blockdags-395m-surge-outshines-nexchain-coldware-and-subbd/)

[4] BlockDAG Presale Hits $395M as XRP Tests $3 (https://crypto-economy.com/whales-shake-markets-blockdags-395m-presale-overtakes-xrps-3-rally-and-algorands-0-40-hype/)

[5] Cardano Sentiment Turns Bearish but ADA Still Attractive for ... (https://finance.yahoo.com/news/cardano-sentiment-turns-bearish-ada-092540539.html)

[6] Oversold signals? Why Cardano price prediction points to ... (https://tradersunion.com/news/cryptocurrency-news/show/467305-cardano-dips-price/)