Overview

• PI trades around $0.35 after an 88% slide since launch, hovering near multi‑month lows in a tight $0.347–$0.360 range.
• Blockchain data shows a single wallet has accumulated about 376.9 million PI worth roughly $130–$134 million, including a recent 667,403‑PI buy.
• PiScan data cited by NewsBTC points to ongoing supply expansion, with about 4.5 million PI released daily and roughly 135.7 million set to unlock over the next 30 days.
• Order books remain thin and major listings are limited, a setup analysts say can magnify sell pressure and blunt any boost from whale accumulation.
• Developers say work toward Stellar Protocol 23 continues with Testnet 1 preparations, while some technical analysis flags a potential rebound toward $1 as a speculative scenario.