Pi Coin Faces Selling Pressure Ahead of Pi2Day

As Pi2Day (June 28) approaches, Pi Coin is under significant selling pressure after facing strong resistance at the $0.65 level. In the past 24 hours, the coin’s price has dropped over 9%, now trading around $0.55. This volatility comes as the Pi Network community anticipates key updates from the core team, including the long-awaited KYC Sync feature and enhancements to the Pi Browser.

Previously, Pi Coin experienced a strong rally from $0.47 to $0.65, but failed to sustain the momentum amid profit-taking. The price has since pulled back to around $0.54, while daily trading volume has dropped nearly 50% to $167 million. This decline reflects investor caution ahead of Pi2Day, one of the year’s most important milestones for the Pi ecosystem.

One of the most anticipated announcements for Pi2Day is the introduction of the KYC Sync feature, which will synchronize identity verification data between the Pi App and the Pi Browser. This feature is expected to resolve longstanding user complaints regarding incomplete KYC processes, potentially enabling millions of users to complete migration to the official Mainnet.

Major Update to Pi Browser Enhances User Experience

The Pi Network core team has also released a major update for the Pi Browser, allowing users to manage their accounts entirely within the Pi ecosystem. Users can now update personal information, access Web3 apps, complete KYC processes, and prepare for exchange integrations—all within the browser.

This development is seen as a critical step toward building a fully decentralized ecosystem with a more seamless user experience. Additionally, the team has hinted at future integration with next-generation artificial intelligence (GenAI), following founder Nicolas Kokkalis’ appearance on a GenAI panel at the recent Consensus 2025 event.

Following the recent price correction, the $0.52 level has become a crucial support zone for Pi Coin. A break below this level could signal further downside, while holding above it—coupled with positive momentum from the Pi2Day announcements—may provide a foundation for potential recovery in the short term.