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Business

Pi Network To Unlock 188M Tokens In March

Throughout March, the Pi Network (PI) will gradually release 188 million PI tokens to over one million users.

Haider Jamal
March 12, 2025

PI Surges

Since the mainnet launched on February 20th, PI’s price has surged nearly 100%, peaking at $2.99. PI was also ranked 3,157th on CoinMarketCap a week ago but has since climbed to 11th, surpassing projects like HBAR, LINK, and XLM. Its market cap is now $13.6 billion, with 91% of users remaining bullish.

Source: ExplorePi

Despite criticisms and fraud allegations, Pi Network has gained significant attention and user support, and while the release of 188 million tokens is not expected to impact PI’s price, demand for the asset continues to rise.

No Binance Listing

Pi Network’s community is frustrated with Binance for not listing PI. Despite strong support from Binance users, the exchange has not acted on the request, citing factors like trading volume and market liquidity.

Recently, Binance introduced a community co-governance model, allowing users to vote on token listings and delistings to improve transparency and quality control. Pre-selected projects will go through due diligence after voting.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.