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Pi Network drops 12% amid large token unlocks and profit-taking, despite upcoming Protocol v25 upgrade.

Market News
16 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Pi Network's token price fell over 12% within 24 hours after hitting a new low near $0.07060 on July 14. The decline was driven by massive daily token unlocks, with over 24 million PI tokens set to be released in five days, increasing selling pressure. Profit-taking after a brief rebound also contributed to the drop. Although the Protocol v25 upgrade scheduled for July 22 aims to improve network stability and privacy, ongoing token releases and weak market conditions may limit any price recovery.

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