Pi Network Price on February 12, 2026: Pi Coin Drops to a New Bottom! The native token of Pi Network has taken a heavy hit from the overall correction in the crypto market. The crash experienced in the last 12 hours has affected many altcoins. However, Pi Network stood out as one of the projects suffering the biggest losses during this period. Especially during times of weak liquidity, the acceleration of sell-offs has made the pressure on Pi more apparent. The token, which traded close to $3 about a year ago, has experienced a rapid and steady decline since then. According to CoinGecko data, the price has fallen to $0.132. Thus, Pi has reached a new all-time low. Additionally, the chart clearly shows a 95.6% decrease. Such a scale of decline indicates significant selling pressure. Unlocking Pressure on Pi Network The mentioned decline is already severe enough. However, on-chain data indicates that Pi’s troubles are not over. At this point, developments on the supply side emerge as another factor that could add additional pressure on the price. The PiScan site enhances the project’s transparency. It specifically tracks token unlocks daily and monthly. Because a large portion of Pi tokens was locked, and it was expected that the circulating supply would increase over time. As investors gradually gain access to their holdings, the speed at which this access occurs is crucial for price dynamics. However, the upcoming days could increase selling pressure. The unlock schedule does not show a “slow” distribution. Larger unlocks could potentially add more sell-side liquidity to the market. Although the release of tokens does not automatically mean selling, during periods of uncertainty, investors tend to act cautiously. Volatility Warning for Pi Coin The average number of coins to be unlocked next month exceeds 8.5 million. This level is significantly higher compared to the 4-5 million range seen over the past few months. Therefore, the acceleration of supply increase is seen as a factor that could hinder price recovery efforts. Moreover, the numbers increase further on February 12, 13, and 14. For example, on February 14, 16.9 million tokens will be unlocked. Today, February 12, 18.9 million tokens will be released. February 13, which falls on a Friday, will set a record with 23.6 million Pi tokens being unlocked. Once tokens are unlocked, they will immediately be available for trading. Of course, not all will be sold at once. Some may choose to hold long-term or enter the market gradually. Nevertheless, considering the overall market situation, rising FUD, and criticisms directed at the Pi Network team, selling concerns are increasing. During these periods of high concern, investors tend to pay more attention not only to price charts but also to sentiment indicators and community reactions. Investors should closely monitor these developments. Pi Network’s price could cause more volatility in the crypto space. Especially when considering the unlock schedule, overall market risk perception, and ongoing discussions around the project, sharp movements in the short term seem likely.