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Pi Network May Face Pressure When Token Unlocks Loom
According to the information: May 26: 10 million PI tokens will be unlocked. May 27: 12 million PI tokens will be unlocked. May 28: 15 million PI tokens will be unlocked – the largest scheduled release in the next 30 days. These unlocks can flood the market with supply, leading to downward pressure on prices as early holders and investors seek to make profits. Kraken Pro Launches Pi Futures In a significant development for the token trading ecosystem, Kraken Pro has launched perpetual futures for PI. Announced on May 23, this move allows traders to speculate on the price of PI without needing to directly own the asset. Users can now hold long or short leveraged positions on the token, with leverage of up to 20 times and over 40 collateral options available. This event marks the first time Pi Network has been listed on a major derivatives platform, potentially increasing liquidity and enhancing visibility for the token. Ecosystem Continues to Expand Despite the uncertainty surrounding prices, Pi Network continues to grow. Analyst Kim Wong reports that over 100 DApps based on Pi are in various stages of development — with some already operational on Mainnet and others in testing or pre-launch stages. These developments reflect the ongoing expansion of the ecosystem as Pi Network seeks to build practical use cases that can help stabilize long-term demand. Conclusion While the upcoming token unlock could lead to short-term volatility, the combination of increasing utility and access to derivative products may support broader adoption and price resilience of PI. Both traders and holders are advised to closely monitor on-chain activity as well as the broader shift in sentiment in the coming days.