Pi Network Unexpectedly Explodes: Transactions Rise Sharply, Price Plummets – What Is Happening?

Pi Network has fallen to $0.46 today, down 6% in the last 24 hours. However, the trading volume has skyrocketed to $20 million, an increase of 80% compared to the same period. The combination of falling prices and soaring trading volume often indicates that traders are probing the market rather than rushing to enter or exit. The Volume of Trading Surge of the Pi Network Signals New Interest According to on-chain data, the weekly growth of 1.1% indicates renewed interest in the Pi Network token. The recent price surpassing the $0.48 mark may have drawn attention back to the network. The significant rise in volume shows that people are moving coins more than usual, even if the price does not follow the same upward trend. In the past few days, two separate shifts precisely at 3.14 Pi have attracted attention. These small shifts are related to the number Pi, the namesake of the project. According to reports, these send orders come from a single wallet—labeled GASWBD…—which has also withdrawn more than 10 million Pi in just six days. The same address had linked to about 320 million Pi in previous activities, leading many to wonder whether it is a large miner, an organization backing it, or someone from the Pi group behind this incident.

Symbolic Trading Stirring Speculation The timing of these 3.14 fluctuations is very important. They occur just as the price approaches the psychological threshold of 0.48 dollars. Some community members view this transfer as a rallying call, a return to the roots of Pi. However, traders tend to monitor these numbers for clues about actual buying or selling pressure. So far, this pattern looks more like a planned message than a panic sell-off. Rumors about the deployment of the mainnet or new trading pairs have spread across various forums. People point to the organized nature of the withdrawals as evidence that larger plans are being implemented. They suggest that there may be big news coming soon—possibly new partners or additions that will take Pi out of the test network and into official use. Forecast: Caution Ahead According to the current forecast, the value of Pi may fall to $0.35 on August 11, 2025, equivalent to a 25% drop. Technical indicators are showing a downward trend, and the market's Fear & Greed Index is at 79 (extreme greed). Pi has experienced 11 days of rising prices in the past 30 days (37%) and recorded a price fluctuation of 9% during that time. The divergence between the strong upward trend and the downward trend is a picture of conflicting indicators for anyone considering entering the market at this time. So far, Pi Network is a project that generates both hope and skepticism. The trading volume rising to the sky $208 million indicates that people are really paying attention. However, predictions and on-chain activity suggest caution is needed until stronger milestones emerge.