Pi Network’s native token has fallen to a new all-time low, extending weeks of selling pressure across the cryptocurrency market. The token dropped to approximately $0.086 after losing key support levels at $0.10 and $0.09.
According to data from PiScan, more than 127 million PI tokens are scheduled to unlock over the next 30 days, adding to market concerns. This unlock event comes as the project continues to roll out new infrastructure products and developer updates.
PI Extends Decline as Unlock Schedule Draws Attention
PI traded near $0.30 in March after its major listing on Kraken, but later reversed course and declined toward $0.20. The token briefly recovered in late April but failed to sustain momentum, returning to a broader downward trend.
Since then, PI has recorded several consecutive all-time lows. The latest decline pushed the token to approximately $0.086 after another double-digit daily drop. Weekly losses exceeded 22%, while the token traded about 97.1% below its February 2025 all-time high.
Core Team Rolls Out New Infrastructure Products
While the token price continued to weaken, the Pi Network Core Team introduced three infrastructure products during Pi2Day on June 28. The releases focused on expanding the ecosystem beyond its existing user base.
First, the team introduced SoloHost, an open framework within Pi Desktop that turns more than 420,000 Pioneer-operated nodes into a distributed computing layer. Developers can build self-hosted applications for local artificial intelligence workloads, while the top 100 node operators contribute computing resources to complete AI tasks.
Next, the team launched Pi Sign-In, an authentication service that functions as a login option for supported third-party websites and applications outside the Pi Browser. The service allows external platforms to use Pi accounts as a verified identity layer for more than 60 million users.
The third release, PiVerify, provides identity verification services for external businesses. The platform charges fees denominated in PI tokens, creating a payment mechanism tied directly to token usage.
Development Continues Despite Market Weakness
On the same day the token reached its July low near $0.1025, Pi Network released an App Studio update that introduced persistent backend storage for newly created applications. Developers can now build apps that retain user-specific information across multiple sessions.
The update also added an AI-assisted planning feature. Developers can describe an application idea in plain language before receiving structured planning guidance from an integrated AI assistant.
Meanwhile, GitHub commit activity recorded on July 6 showed continued technical work across the project’s Python, Rust, and PHP software development kits. Although the network continues to introduce new tools and developer features, the token has remained under sustained selling pressure during the latest market decline.
What’s Next?
Pi Network price fell to a new all-time low after extended selling pressure pushed the PI token below key support levels. Meanwhile, more than 127 million tokens are set to unlock over the next month as the network continues introducing new infrastructure products and developer updates that market participants will closely monitor.