Pi Network Token Unlocks: $775 Million Supply Wave Coming in 2026

Pi Network is facing a significant supply transition as approximately 775.8 million PI tokens are set to unlock by the end of 2026, according to PiScan data.

This includes user-locked balances and tokens distributed by the Pi Core Team, which could potentially affect market supply if holders choose to sell their unlocked PI.

However, token unlocks do not automatically mean immediate selling, as some users may continue holding or using PI within the ecosystem.

Crypto analyst Travladd has warned that Pi's long-term unlock schedule could create selling pressure, estimating that around $505 million worth of PI could unlock between now and June 2029.