PI price prediction as 300K tokens leave exchanges after Pi Network anniversary
PI is trading just above the $0.16 mark, with price currently hovering near $0.162 as a notable wave of tokens moved away from centralized exchanges over the last 24 hours. More than 300,000 PI left exchange wallets during this period, a development that coincides with the one‑year anniversary of Pi Network’s Open Network launch.
Pi Network marks one year of Open Network
The Open Network anniversary has become a milestone moment for the project, highlighting how far the ecosystem has come in twelve months. According to the Pi Core Team, the network has seen meaningful expansion in several key areas: successful KYC approvals, ongoing mainnet migrations, increasing developer participation, and rising on-chain and app-level activity.
Since the Open Network went live, the team notes that growth has taken place “across multiple dimensions” of the ecosystem. That includes more users completing identity verification, more accounts fully migrated to mainnet, and a broader set of applications and services being built on top of the Pi infrastructure. These metrics are being framed as evidence of gradual, rather than speculative, progress driven by Pioneers, builders, businesses, and KYC validators distributed globally.
The developers emphasize that this progress is cumulative. Each new KYC approval unlocks more tokens for mainnet usage, each migration increases circulating supply on-chain, and each deployment by developers adds utility and potential demand for PI. Over the last year, these factors have combined into a broader narrative of steady ecosystem maturation, even as price performance has been volatile.
300K PI exit centralized exchanges
The anniversary update arrives at the same time as on-chain and exchange data show a shift in token flows. Data from Pi-focused tracking tools indicate that centralized exchanges collectively recorded a net outflow of about 305,547 PI over the past 24 hours. Following this movement, total balances held on exchanges sit around 430.1 million PI.
One of the largest platforms, OKX, registered a significant net outflow of over 623,000 PI within the same window. This sizable withdrawal more than offset smaller net inflows recorded on other exchanges such as Bitget and Gate.io. The net result is a meaningful reduction, on a daily basis, of PI available for immediate spot trading on centralized venues.
From a market structure perspective, withdrawals from exchanges are often interpreted as a sign of reduced short-term selling pressure. Tokens held in self-custody or in non-exchange wallets tend to be less liquid and less likely to be dumped quickly unless they are moved back to exchanges. Although the 300K outflow is still relatively small compared with the total supply on centralized platforms, it nonetheless points to changing behavior among holders around the time of the anniversary.
What exchange outflows mean for PI price
In crypto markets, sustained net outflows from exchanges can be a constructive signal for price if they reflect holders choosing longer-term storage instead of active trading. In that scenario, available sell-side liquidity shrinks, and any uptick in demand can have a more pronounced effect on price.
However, the context matters. If outflows occur while demand remains muted and sentiment is cautious, the impact on price can be limited in the short term. In PI’s case, the anniversary may have encouraged more holders to move tokens into personal wallets, staking setups, or ecosystem applications, which could indicate rising confidence in the long-term vision even if immediate speculative interest is subdued.
Traders will be watching whether this is a one-off spike in withdrawals related to the anniversary or the beginning of a longer trend. A consistent pattern of net outflows alongside improving activity on the network itself would strengthen the argument for a gradual tightening of supply on exchanges, which can support prices over time.
Current PI price action and key levels
On the daily PI/USDT chart, the token is currently trading near $0.162, posting a gain of roughly 1.3% over the last session. This move comes against a broader backdrop of weakness that has characterized trading since January, when PI was changing hands close to $0.21.
From that local high, price slid steadily before staging a sharp rebound in mid‑February that carried PI back up toward the $0.19 zone. That recovery, however, lost steam, and subsequent price action shows a pattern of lower highs-a classic sign that sellers remain in control on higher timeframes, even as short-term bounces occur.
Immediate resistance now lies around the $0.18 mark, a level that has repeatedly capped attempts to move higher. Above that, the $0.19-$0.20 band remains a stronger supply region where previous rallies have stalled. Bulls would need to reclaim and hold above this area to convincingly challenge the current bearish structure.
On the downside, the $0.15 level stands out as critical support. This zone has acted as a floor during recent pullbacks. A decisive break below $0.15 could open the door for a deeper slide, with the next notable support region near $0.13. If that lower area fails to hold, sentiment could deteriorate further, increasing the risk of an extended downtrend.
Mixed signals from momentum and capital flows
Momentum indicators paint a nuanced picture. The Balance of Power (BOP) indicator has flipped positive, currently sitting at 0.30. This suggests that, over the recent period, buying pressure has slightly outweighed selling activity, supporting the idea of a modest bullish bias in the very short term.
In contrast, the Chaikin Money Flow (CMF) remains in negative territory at around -0.16. CMF measures volume-weighted money flow, and a negative reading implies that, despite some intraday buying, the broader flow of capital into PI remains tilted to the downside. Put differently, while there is some demand, it is not yet strong or sustained enough to offset the prevailing tendency toward outflows of capital from the asset over a longer horizon.
This divergence between BOP and CMF often reflects markets at an inflection point. Traders may see short-term opportunities to ride small rallies, but larger participants could still be cautious, awaiting clearer confirmation of a trend reversal before committing more capital.
PI price prediction: scenarios after the anniversary
If the recent exchange outflows continue and short-term buying interest persists, PI could attempt another push toward the $0.18 resistance area. A clean break and daily close above this level would be the first technical step toward a more constructive outlook, potentially paving the way for a retest of the $0.19-$0.20 band.
For such a move to gain traction, it would likely need to be accompanied by improving on-chain and ecosystem metrics-more active users on mainnet, growing transaction volumes, and tangible use cases that drive organic demand for PI rather than just speculative trading.
Conversely, if price fails to sustain levels above $0.16 and gradually drifts lower, the $0.15 support could be tested again. A breakdown below that line would reinforce the current bearish structure of lower highs and potentially lead to a revisit of the $0.13 region. In that scenario, sentiment may shift toward a more defensive posture, with traders positioning for further downside or waiting on the sidelines for clearer signals of stabilization.
Fundamental drivers: KYC, mainnet migrations, and utility
Beyond technical patterns, the medium- to long‑term outlook for PI will depend heavily on how successfully Pi Network converts its large user base into an active, transacting economy. KYC approvals and mainnet migrations are crucial in this respect, as they determine how many tokens can actually move on-chain and be used in real operations, apps, and payments.
As more users complete KYC and migrate balances, circulating supply on mainnet increases-but so does the potential for real economic activity if those tokens are used in applications, marketplaces, and services. Whether this leads to upward or downward pressure on price hinges on the balance between new supply and new demand.
If the ecosystem continues to add practical use cases-such as merchant payments, in-app purchases, or microtransactions for digital services-then PI could gradually evolve from a primarily speculative asset into a token with clear utility. This shift, however, takes time and depends on the ability of developers to build compelling products and of businesses to integrate PI into their operations.
How macro conditions and regulation may influence PI
Like most digital assets, PI does not trade in isolation. Broader crypto market sentiment, macroeconomic conditions, and regulatory developments can all impact its trajectory. Periods of risk-on appetite, where investors are more willing to allocate to growth and speculative assets, generally support smaller-cap tokens like PI. In contrast, risk-off phases, driven by interest rate uncertainty or global instability, often result in capital flowing back to more established assets or out of crypto altogether.
Regulatory clarity, particularly regarding KYC, consumer protection, and the legal status of tokens used for payments or network access, will also shape Pi Network’s future. A framework that supports compliant usage while allowing innovation could be beneficial, especially given the project’s emphasis on KYC and global participation. However, stricter regimes or fragmented rules across jurisdictions may create friction for adoption and integration into traditional businesses.
Risk factors for PI holders and traders
For traders and holders evaluating PI, several risks stand out. First, liquidity risk remains material: despite exchange listings and active markets, PI is still relatively young, and large orders can influence price more dramatically than in deeply liquid assets. Slippage and sudden spikes in volatility are therefore more common.
Second, there is execution risk on the part of the project. The vision of building a large-scale, utility-focused network requires consistent delivery on technology, governance, and ecosystem support. Delays in mainnet features, slower-than-expected app development, or weaker engagement from builders and businesses could all weigh on sentiment and limit long-term upside.
Finally, speculative cycles pose a psychological risk. Rapid rallies can attract short-term traders chasing momentum, which may be followed by equally sharp corrections. For those with longer investment horizons, understanding that such swings are possible-and sizing positions accordingly-is critical.
What to watch next for PI price
Over the coming weeks, several indicators will be particularly important for assessing PI’s likely direction:
– Whether exchange outflows persist or reverse into net inflows
– How price behaves around the $0.15 support and $0.18-$0.20 resistance zones
– Changes in momentum and money flow indicators such as BOP and CMF
– Updates from the Pi Core Team on KYC progress, mainnet migrations, and new applications
– Any signs of growing transactional usage of PI within the network’s ecosystem
If positive technical signals begin to align with improving fundamental data-stronger on-chain activity, continued migration progress, and growing utility-PI could gradually build a more sustainable base for future price appreciation. Until then, the market remains in a cautious posture, with short-term moves driven largely by technical levels and liquidity shifts, such as the recent 300K-token outflow from centralized exchanges.
For now, the key pivot area remains clear: holding above $0.15 keeps open the possibility of a renewed attempt toward $0.18 and higher, while a decisive drop below that support would likely confirm that bears remain in control in the near term.