The Pi Network has kicked off a significant phase in its ecosystem on July 4, 2025, with the beginning of a large-scale token unlock event. Over the next 30 days, the project will release 304.7 million Pi tokens into circulation, worth an estimated $151.9 million at current valuations. The largest single-day unlock is happening today, with 19.39 million tokens being released. This development marks one of the most anticipated milestones for Pi holders and developers worldwide.
What Is Pi Network Unlocking and Why Now?
The token unlock aligns with Pi Network’s roadmap to support its Mainnet migration and wider ecosystem growth. As of now, millions of users remain in the Enclosed Mainnet, unable to freely trade Pi on external exchanges. This unlock is expected to drive utility, liquidity, and accelerate the onboarding of KYC-verified users.
Did you know? India is among the top five countries in Pi mining activity.
Impact on Price & Market Sentiment
Although Pi is not yet fully listed on major centralized exchanges, the unlock could influence off-market prices and future listings. Currently, Pi’s estimated off-exchange value hovers between $0.30 to $0.60, but this influx of supply may trigger short-term volatility. Long-term price action will likely depend on Mainnet migration progress and official exchange support.
Related: Pi Network Price Prediction 2025–2030 – Will the Mainnet listing finally trigger a rally?
Pi Network and the India Launch Buzz
Search trends show a surge in interest around “Pi Network India Launch 2025”, especially as token activity ramps up. However, the team has not officially confirmed an exchange listing in India yet. Still, developers in the region are optimistic. Some Indian community groups are preparing for Pi commerce pilots and DApp integrations, depending on KYC success rates.
What About .PI Domains?
The .pi domain integration, which allows Pi Network usernames to double as decentralized digital identities—is also gaining momentum. As Mainnet users increase, expect more usage of .pi domains in apps, wallets, and community-led marketplaces. The token unlock may accelerate this adoption, especially among developers.
Conclusion: What’s Next for Pi?
The July unlock event marks a turning point for Pi Network. If the team successfully transitions users to the open Mainnet and maintains token economics, the project could be ready for broader exchange listings by late 2025. For now, all eyes are on how today’s 19.39M token release shapes price expectations, network activity, and developer momentum.
Stay updated on Pi’s journey. Bookmark this blog and follow our Pi Network Price Page for weekly updates.
Frequently Asked Questions (FAQs)
What is the Pi Network token unlock schedule?
The unlock began on July 4, 2025, and will continue over 30 days, gradually releasing a total of 304.7 million Pi tokens into circulation. The largest single-day release 19.39 million tokens occurred on the first day.
How many Pi tokens are locked up?
According to Pi Network’s data, billions of Pi tokens remain locked, especially for users who haven't completed KYC or Mainnet migration. The 304.7 million unlock represents a small portion of the total mined Pi.
How many Pi coins are available?
Pi’s total supply is capped at 100 billion tokens, with tens of billions mined but only a fraction in circulation due to the Enclosed Mainnet model.
Is it possible to unlock Pi tokens?
Yes, but only after completing KYC verification and Mainnet migration. Once eligible, users can gradually access and use their locked tokens based on network policies.
Is there a limited amount of Pi coin?
Yes. Pi Network has a finite total supply, following a halving-based issuance model, similar to Bitcoin. This is intended to preserve scarcity over time.
What is the impact of the Pi token unlock?
The unlock could increase circulating supply, potentially causing short-term volatility in off-market pricing. It may also boost network activity and encourage faster KYC adoption.
What is the benefit of locking Pi coins?
Locked Pi helps maintain network stability by controlling inflation and rewarding long-term believers. It also aligns with the project’s phased launch roadmap.
Can I unlock my locked Pi early?
No. Unlocking is only allowed after Mainnet migration and depends on individual lockup periods chosen during migration.
What happens when Pi reaches open Mainnet?
Once fully transitioned, users may be able to freely trade Pi on exchanges, use it in ecosystem apps, and integrate .pi domains for decentralized identity and commerce.
What are .pi domains?
.pi domains are decentralized usernames linked to Pi Network wallets and DApps. Their adoption is rising post-Mainnet migration.
What is Pi Network’s July 4 token unlock?
It’s the first phase of a 30-day release plan totaling 304.7 million Pi tokens, with 19.39 million unlocked today.
Has Pi Network officially launched in India?
No official India listing yet, but developer activity and user interest in India remain high.
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