Pi Network Price slipped to a fresh all-time low on Wednesday as selling pressure deepened across the market.
Pi fell 10% in 24 hours to $0.102, making it one of the top daily losers. The token also fell 4%, making its fifth consecutive losing streak.
Pi Coin Price Breaks Below Key Support: What’s Next?
The latest drop followed a clear break below the important $0.11 support level. The move set up a new low near $0.1033 and paved the way for quicker selling.
There has been a rapid rise in trading activity too during the downtrend. The volume has surged 60% in the last 24 hours, indicating greater interest in selling from market participants.
The breakdown may have triggered stop-loss orders below $0.11. As a result, analysts now warn that Pi could face another slide toward $0.09.
Pi Network is losing its retail strength as the broader market sentiment remains mixed amid the resurfacing tensions between the US and Iran.
The wider crypto market also remained weak, falling 1.91% to $2.14 trillion in 24 hours. Bitcoin price continued to trade in negative territory after a rejection off the $64,000 resistance zone.
Ethereum price also dropped below $1,760 after its failure to move past $1,800. XRP continued its downward movement for a fourth consecutive day, rebounding from a rejection near $1.17.
The direction of the market now hinges on the Bitcoin price being able to maintain the $58,000 to $60,000 support range.
Pi Network Rolls Out App Studio Updates
Pi Network announced two Pi App Studio updates as its native token dropped to a fresh all-time low. The first patch adds support for the backend, which lets apps store user data between sessions.
Pi App Studio has released two updates to help creators build more engaging and useful app experiences.
1. Backend support enables persistent user experiences for newly created App Studio apps: Apps can save and retrieve user-specific data across sessions, enabling experiences… pic.twitter.com/IOoiSsgKeH
— Pi Network (@PiCoreTeam) July 7, 2026
The second adds AI-enabled planning, enabling creators to form ideas prior to app building. Despite the enhancements, the pressure of the market resulted in a strong sell-off of PI again this week across exchanges around the world.
Pi Network Faces 127M Token Unlocks as Supply Pressure Builds
Pi unlock data shows 127.50 million PI will enter circulation over the next 30 days. According to the Pi scan data, that is 2.05% of the total locked supply. The total amount of locked-up PI is 6.21 billion tokens.
The mean daily unlock value is 4.25 million PI of which 431,806$ is worth. The maximum scheduled day will be June 25, with 7.45 million PI unlocking.
The data suggest a relatively steady supply pressure over the period of measurement. Traders can keep an eye on these releases to gain insight into the market in the near future.
How Low Will Pi Network Price Go in July 2026
At the time of writing, the PI coin crashed at $0.1022, down 0.68% on the four-hour chart. The token broke below the descending channel after failing to hold $0.11 support.
The RSI has dropped to 14.24, a deep oversold condition. The momentum was not very strong, as the MACD continues to be in negative territory.
The next level of support for $PI is around $0.0950. A 10% downward move from $0.1022 could send PI toward $0.0920.
But a recovery above $0.11 will ease the bearish pressure. The next resistance levels are $0.1150 and $0.12.