Pi Network Dips 14% in Week Amid Token Unlock and PayFi Shift

Pi Network’s price continued its downward trend, slipping to approximately $0.3718 on August 19, 2025, reflecting waning interest among traders who are increasingly redirecting capital to the PayFi market [1]. The decline came in the wake of a significant token unlock that released 160 million PI tokens into circulation, causing an approximate 11% drop from key resistance levels near $0.40 [1]. The price weakness has been compounded by broader investor skepticism, with weekly losses exceeding 14% and diminishing enthusiasm for a project that has yet to deliver on its long-promised utility [1].

As Pi Network struggles to maintain relevance, traders are turning to projects that offer more immediate and tangible value, particularly in the PayFi space [1]. Among these, Remittix (RTX) has emerged as a notable contender. The project trades at $0.0969 and has sold 609 million tokens to date, raising over $20.3 million [1]. Remittix recently secured a listing on BitMart, a milestone achieved after meeting its fundraising target. Additional momentum has been generated by its $250,000 community giveaway and the upcoming Q3 beta launch of its wallet [1]. These developments have helped position Remittix as a more concrete and actionable investment compared to Pi Network’s lingering speculative narrative [1].

What sets Remittix apart is its focus on real-world infrastructure and utility. The project is addressing the $19 trillion global payments industry by providing tools for tokenized payments, live staking, and fiat settlement across over 30 countries [1]. These capabilities are supported by a CertiK audit, enhancing trust among users and developers. Whale activity has also increased in the lead-up to the listing, suggesting growing institutional or strategic interest [1]. In contrast, Pi Network remains largely trapped in a cycle of expectations versus delivery, with many investors now questioning whether it can ever achieve meaningful adoption or price recovery [1].

Analysts have noted that while Pi Network still holds technical support at $0.37 and $0.33, the overall trend suggests a bearish outlook unless significant changes occur in its development roadmap or market perception [1]. The broader shift in sentiment reflects a growing preference for tokens that offer immediate use and measurable impact, rather than those driven solely by community-based mining and long-term potential [1]. This transition is particularly evident in the PayFi sector, where projects like Remittix are gaining attention for their actionable infrastructure and real-world applications [1].

The evolution of market dynamics underscores a maturing cryptocurrency landscape where speculative hype is increasingly being replaced by demand for real utility and execution [1]. As traders continue to seek out opportunities that align with this trend, Pi Network’s struggle to regain traction highlights the risks of relying on community enthusiasm without a clear, deliverable roadmap [1]. In this environment, Remittix and similar PayFi projects are emerging as stronger contenders, offering a compelling alternative for investors seeking exposure to the future of digital payments [1].

Source:

[1] Pi Network Fades To $0.37 As Traders Search For Better Opportunities In The PayFi Market (https://coindoo.com/pi-network-fades-to-0-37-as-traders-search-for-better-opportunities-in-the-payfi-market/)