Pi Network Unlocks 8.7M Tokens as Holiday Commerce Expands

Source: CryptoNewsNet Original Title: Pi Network Unlocks 8.7M Tokens as Holiday Commerce Expands Original Link: https://cryptonews.net/news/altcoins/32187256/

Token Unlock Adds Supply Amid Ongoing Ecosystem Use

Pi Network unlocked approximately 8.7 million PI tokens on December 25, marking another scheduled supply release. The unlock added fresh supply to the ecosystem as part of Pi Network’s broader distribution process tied to user participation and development milestones. While supply increases can pressure markets in tradable assets, Pi remains in a closed economic environment with no confirmed open-market trading or exchange-based price discovery. As a result, the immediate impact of the unlock is limited to internal ecosystem dynamics. Community updates suggested that the unlock was anticipated and aligned with existing schedules, with no reports of disruptions to app activity or wallet functionality tied directly to the release.

Holiday Commerce Initiative Scales Merchant Participation

The unlock occurred alongside Pi’s holiday commerce initiative. Community sources cited participation from more than 125,000 merchants during the seasonal event, who reportedly accepted PI for goods and services through local and app-based channels. Ecosystem sources stated that more than 215 Mainnet applications remain active, supporting commerce, services and community engagement rather than speculative activity. The initiative aimed to encourage spending within the ecosystem during the holiday period, with individual merchants handling pricing, fulfillment and promotions independently. Pi Network’s role focused on coordination and visibility rather than transaction management.

Wallet Updates Roll Out to Users and Businesses

Alongside the token unlock, community members reported that a long-awaited wallet update began rolling out. The update reportedly reached companies, institutions, merchants and some individual users first, with broader access expected soon. Screenshots shared by users showed updated token displays and improved wallet interfaces. The phased rollout suggests controlled deployment rather than a network-wide switch, with no issues widely reported during the initial distribution.

Maturity Test Without Market Pricing

Several ecosystem commentators described the token unlock as a maturity test, centering on whether internal demand from apps and merchants can absorb new supply without relying on speculative trading. At the same time, critics within the community questioned whether similar claims had been made during earlier unlocks. Others argued that without open market access, measuring demand remains difficult.

Pi Network continues to emphasize utility-focused development. The 8.7 million token unlock, paired with holiday commerce expansion and wallet updates, reflects ongoing internal progress rather than a transition to open trading. Until the network confirms broader Mainnet milestones or external integrations, such events remain operational updates signaling preparation and scaling rather than a shift in Pi’s official market status.