Pi Coin is once again facing pressure in the market. The token is currently trading around $0.2109, down about 2.5% in 24 hours, and it has been falling for several months. Once seen as a promising community-driven project, Pi reached as high as $2.98 before fading as interest slowed.
Much of the early excitement came from rumors that Binance, the world’s largest crypto exchange, would list Pi. The idea fueled excitement among holders, and a Binance community poll even showed majority support for listing. But as time passed with no official move, the hype cooled.
A listing on Binance often signals legitimacy and provides exposure to millions of traders. For Pi Network, it would mean liquidity, attention, and likely a price recovery. But Binance has strict listing standards. Each project must meet technical, regulatory, and operational benchmarks before consideration.
Recently, Binance’s Changpeng Zhao (CZ) commented on how exchanges decide which coins to list. Though he did not mention Pi directly, his statements may help explain the delay. CZ said that “strong projects don’t need to pay or ask for listings, exchanges will compete to list them.”
He added that projects should focus on product development and community building rather than pursuing exchange listings. Exchanges, he said, use different listing models, such as charging listing fees, requiring airdrops, or offering refundable security deposits to protect users from scams.
Binance co-founder He Yi also clarified that deposits related to listings are refundable and that marketing fees go toward user engagement activities like trading competitions and educational content.
While neither CZ nor He Yi mentioned Pi Network, their comments might give an idea why the token remains unlisted. Binance prioritizes strong fundamentals, regulatory clarity, and transparent operations. Pi Network’s long-delayed open mainnet and lack of tradable liquidity may be possible reasons it has not met Binance’s criteria yet.
Until Pi completes its blockchain upgrade, achieves regulatory compliance, and shows active on-chain usage, a Binance listing appears unlikely.
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