Pi Network (PI) important signal: depeg Bitcoin fell nearly 20% in a single month, will TAO rise to replace the dominant position?

The monthly fall of Pi Network (PI) approaches 20%, decoupling from the recent price movement of Bitcoin, which has been hitting new highs. In the current bull run of Crypto Assets, most digital assets are soaring, but Pi coin seems to be heading in the opposite direction. This disappointing price movement has rekindled interest in early encryption investments with strong momentum, especially projects focused on practicality like Bittensor (TAO).

Pi Network is striving to catch up with the mainstream Crypto Assets market

Despite Pi Network launching Pi AI Studio to support developers in building AI applications, it still faces supply issues. The latest data from PiScan shows that the network will unlock 130 million tokens this month, bringing the circulating supply to over 8 billion coins. As more and more tokens flood the market every day, investor demand cannot keep up.

Despite the bulls believing that the number of token unlocks will decrease in the coming months, the recent 26% price fall and market cap dropping to 3.4 billion USD indicate that Pi Network is struggling to maintain its early hype. Many traders are looking for an alternative to Pi Network that has both real use cases and growth potential, and is a top crypto asset under 1 USD.

(Source: Trading View)

TAO is gaining institutional support

Bittensor is currently one of the most powerful alternatives to Pi Network. The project focuses on decentralized artificial intelligence and has been integrated into CEX and DEX for spot trading, custody, and staking. Over the past 90 days, driven by the increasing interest from institutional investors, TAO has surged over 80%.

Oblong recently purchased $7.5 million worth of TAO, demonstrating strong confidence in the future development of the token. The maximum supply of TAO is only 21 million, and it is currently forming a bullish harmonic pattern, which provides the scarcity and upward momentum that PI coin currently lacks. Investors view it as one of the best DeFi projects for 2025.

(Source: Trading View)

Additionally, when Pi coin struggles and TAO skyrockets, Remittix is quietly establishing its position as a top crypto asset under 1 dollar, with enormous upward potential. The project has raised over 16.3 million dollars, selling more than 553 million tokens at a unit price of 0.0811 dollars.

Due to the fact that the price of PI is still in a downward trend and the unlocking volume continues to surge, even loyal holders of the Pi Network are looking for alternative investment directions.