Pi Coin Surges 4% Amid Whale Accumulation and Ecosystem Upgrades

Pi Coin has experienced an unexpected price boost after weeks of bearish momentum, trading at $0.3611 and up more than 4% in a single session. This upswing has drawn attention as Pi Network continues to roll out key developments, including increased whale activity and potential structural adjustments within the ecosystem [1]. A major catalyst appears to be the accumulation of 331 million PI tokens by a mysterious whale, valued at $148.5 million, interpreted by traders as a strategic buyback or long-term investment signal [2].

Simultaneously, speculation is growing around Pi Network’s anticipated move to open source, dubbed “the greatest show in the history of crypto” by some community members [3]. Open-sourcing is expected to foster greater developer participation and ecosystem engagement, potentially enhancing the token’s utility and adoption. While not officially confirmed, discussions around large platforms such as Amazon possibly accepting PI in the future have added to speculative fervor, despite the lack of concrete evidence [4].

On a technical and structural level, Pi Network has taken steps to manage supply and stabilize the price. Starting on August 1, the network reduced mining rewards by 8% to slow token inflation. Additionally, token unlocks for the month of August were significantly lower at 159 million PI, compared to 276 million in July, with projections suggesting a continued decline in daily unlocks in September [5]. These adjustments aim to ease selling pressure and provide a more stable price environment in the short term.

However, the broader technical outlook for Pi remains bearish. On the 4H chart, the price remains below the 30-period EMA at $0.3927, and a descending resistance line from mid-July continues to cap upward momentum. Immediate support levels are seen at $0.34–$0.33, with further declines possible if the price breaks below this range. Resistance is currently clustered at $0.38–$0.39, and a sustained rally would require a move above $0.40–$0.42 and a retest of the descending trendline [6].

Despite these challenges, Pi’s recent market cap briefly surpassed $11 billion, briefly overtaking Wrapped Bitcoin (WBTC) to rank as the 12th-largest cryptocurrency by market capitalization [7]. This surge coincided with increased user activity and the introduction of a direct USD on-ramp feature through TransFi, enabling U.S. users to purchase PI directly within the Pi Wallet without relying on third-party exchanges [8]. This move enhances accessibility and aligns with broader trends in the crypto space toward fiat on-ramping and user-friendly adoption models [9].

At the same time, Pi Network has reintroduced its Lockup feature, allowing users to lock up to 200% of their holdings to boost mining rewards and reduce the circulating supply [1]. This feature supports the long-term goal of fostering a sustainable economic model within the Pi ecosystem and encouraging user retention.

Despite these structural improvements, Pi continues to face challenges, including technical wallet issues and a recent token unlock that has raised concerns about supply pressure. A report by crypto investigator Atlas revealed that insiders had sold 12 million PI tokens worth over $8 billion at the peak, adding to downward pressure on the price [10]. These factors have led some analysts to question the likelihood of a significant price rally in 2025 [11].

However, the continued accumulation by a $148 million whale suggests strong long-term confidence in Pi’s fundamentals and potential [12]. While speculative forecasts suggest a possible price of $0.5919 in 2026, such projections should be treated with caution and are not indicative of guaranteed outcomes [13].

As of August 2, 2025, Pi’s price stood at $0.34, with a market cap of $2.7 billion and a 24-hour trading volume of $158 million. The circulating supply is 7.76 billion PI, with a maximum supply capped at 100 billion [14]. While volatility remains a key characteristic of Pi’s price action, the introduction of fiat on-ramping and ecosystem enhancements may offer long-term support for the token.

Source:

[1] https://coinmarketcap.com/community/articles/688f343ced604315633ac89d/

[2] https://www.ccn.com/education/crypto/pi-coin-148m-whale-keeps-buying-despite-price-crash/

[7] https://coinfomania.com/pi-network-enables-direct-usd-purchases-for-u-s-users/

[8] https://www.okx.com/learn/pi-network-fiat-crypto-integration

[9] https://www.bitcoininsider.org/article/281278/pi-network-adds-transfi-easy-fiat-buys-wewake-raises-over-300k-its-crypto-presale

[10] https://coincentral.com/pi-network-price-unlikely-to-rally-in-2025-as-insiders-dump-millions-more-here-are-2-pi-coin-alternatives/

[11] https://www.fxstreet.com/cryptocurrencies/news/pi-network-price-forecast-pi-targets-all-time-low-ahead-of-major-token-unlock-202507310936

[13] https://www.bitget.site/price/pi-network/price-prediction