Pi Network (PI) Defies Altcoin Rally: Stagnant at $0.46 Despite Market Greed
While the broader altcoin market surged 20% in July 2025, Pi Network (PI) remained flat at $0.46 despite shifting market sentiment from neutral to greed. Three key factors explain this stagnation.
Centralized exchange reserves of PI grew to 384 million tokens—a 14 million increase in just seven days. This growing liquidity creates persistent sell pressure, limiting upside even in favorable conditions. Yet, the token shows resilience by maintaining its price level.
Technical analysts identify $0.40-$0.50 as a clear accumulation zone. "This is the time to buy," says Moon Jeff, projecting a future breakout toward $1. The tight consolidation suggests strong underlying demand absorbing supply—a potential springboard for future gains.