Despite Pi Network securing 86.8% support in Binance’s February 2025 vote to list, Pi Coin remains unlisted—fueling confusion and frustration among its 60M-strong community.
Many are asking: Why hasn’t Binance listed Pi Coin yet? The growing frustration among the Pi Network community is palpable, especially as Binance continues to list hyped meme coins with questionable fundamentals.
So, what’s causing the delay?
According to Pi Network analyst with the X handle Pi Pioneers X, below are the possible reasons why Binance may still be holding back on listing Pi Coin:
Binance’s $4.3 billion settlement with U.S. authorities in 2023 for anti-money laundering (AML) failures placed it under strict scrutiny. The exchange is now closely monitored for three years, and the EU’s DAC8 regulation adds additional pressure.
Despite Pi’s massive community, the coin may not currently align with Binance’s revenue-first listing playbook. Pi’s slow mainnet rollout and token lock mechanisms might mean less immediate trading volume and profit.
Tensions have risen between Pi’s vocal community and Binance. After the February vote, where Pi secured 226,000 votes, Binance did not move forward. This sparked backlash including one-star Google Play reviews and social media outrage.
Pi’s mobile-first and accessible mining approach could pose a long-term threat to Binance’s dominance in the retail crypto space. Additionally, Binance tends to favor projects built on its BNB Smart Chain, unlike Pi’s independent blockchain ecosystem.
With its phased mainnet rollout, unique mining model, and unclear classification (utility vs. security token), Pi raises potential regulatory flags. Binance, now risk-averse post-penalties, might see Pi as too ambiguous.
There is still hope. Pi’s mainnet wallet activation, 86.2% community vote support, and improved clarity in KYB compliance could pave the way. Some sources, like @PiNewsGlobal, estimate a 93% chance of listing before Pi2Day on June 28.
However, the community remains cautious, recalling false rumors of a December 2024 listing.Until then, all eyes are on the PiCoreTeam and Binance for the next move.
Binance’s $4.3B fine, profit-driven strategy, community backlash risks, competitive concerns, and Pi Coin’s unclear regulatory status are potential reasons for the delay.
While not on Binance, Pi Coin is listed on several centralized exchanges, including OKX, MEXC, LBank, BitGet, Huobi Global, Pionex, and Bitmart.
If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year.
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