Pi Token Jumps 22% on Hopes of Pi2Day AI Reveal at June 28 Event

• Anticipation for the upcoming Pi2Day event on June 28 has fueled the Pi token rally, with speculation surrounding the unveiling of generative AI (GenAI) features.
• Additionally, the release of the KYC Sync feature aims to resolve longstanding user frustrations by streamlining identity verification.

With the Pi2Day event just three days from now on June 28, the Pi Token price has staged a massive 22% upside in the last 24 hours, defying the broader crypto market consolidation. As a result, the Pi Coin price is currently trading at $0.65 with its market cap approaching $5 billion. The key focus area would be the KYC Sync feature, along with the Pi Core team recently teasing the Generative AI development.

Will Pi Token Get GenAI Features on Pi2Day?

Anticipation is building within the Pi Network community as speculation grows that the Pi Core Team may unveil generative AI (GenAI) features during the upcoming Pi2Day event, as reported by CNF earlier. If realized, such an announcement could redefine the project’s trajectory. However, failure to deliver on these expectations might lead to another market downturn.

Rumors of GenAI features began swirling after co-founder Nicolas Kokkalis participated in an artificial intelligence panel in May. Many users now eagerly await a potential Pi2Day announcement to see whether the Pi Core team manages to bridge AI capabilities with the Pi ecosystem.

The community members are optimistic that such a development could transform the project by strengthening applications, improving mining, and providing new layers of security. On the other hand, Google searches for Pi2Day have skyrocketed, showing excitement within the community.

Apart from GenAI integration, another major development to watch would be  Pi Network introducing its long-anticipated Know Your Customer (KYC) sync feature. This update aims to streamline identity verification across the platform, addressing a longstanding issue that has been a source of frustration for users.

Will Pi Token Price Rally Sustain From Here?

Today’s 22% upside in the Pi token price comes along with a massive 120% surge in daily trading volume, now reaching $250 million, which highlights strong traders’ interest. Market analysts predict a rally to $1 and $1.25 following today’s potential breakout.

Good news for @PiCoreTeam army :$PI is officially now out of down trend

-key trend line broken
– target $1 and $1.25 pic.twitter.com/YKqKFTi7dl

— Zoe (@queencryptooo) June 25, 2025

However, investors need to be careful here as major Pi Token unlock is coming ahead next month in July. As investor interest cautiously returns, Pi Network is bracing for its largest token unlock until October 2027. Next month in July, a total of 268.4 million Pi coins will be released, significantly increasing supply and potentially sparking a wave of selling pressure.

Historically, such token unlocks have weighed heavily on prices. Pi Coin, already under strain, has fallen nearly 70% from its May peak of $1.67, reflecting dwindling confidence among investors. Adding to concerns, Pi Network’s mainnet remains closed, and the roadmap for full decentralization lacks clarity—key factors keeping institutional investors on the sidelines. Meanwhile, token supply on centralized exchanges has surged, rising from 345 million to 362 million within a week.