Pi Network News: Why Binance Keeps Ignoring Pi & What’s Next for Investors?
The post Pi Network News: Why Binance Keeps Ignoring Pi & What’s Next for Investors? appeared first on Coinpedia Fintech News
Pi Network supporters are once again left frustrated as Binance skips the token in its latest Vote to List initiative. This marks the second time the world’s largest exchange has ignored Pi, shutting down hopes of an imminent listing. Meanwhile, Pi Network’s price is taking a beating, dropping to its lowest level in over a month.
Pi Network Price Crashes Hard
With Binance leaving Pi out of its listing program, the token has tumbled to $0.7012, marking a fresh low since February 25. Pi Network is now down a staggering 76% from its all-time high, wiping out around $14 billion in market value. Once valued at nearly $20 billion, Pi’s market cap has now shrunk to just $4.76 billion, raising concerns among investors.
Why Binance Keeps Saying No to Pi
Binance recently launched the second phase of its Vote to List initiative, where users vote for which tokens they want listed on the exchange. This time around, 12 tokens made the cut, including VIRTUAL, BIGTIME, ONDO, and UXLINK, with Binance set to pick winners based on vote count, trading demand, risk assessment, and compliance checks.
But the Pi Network is nowhere in sight, and there’s a big reason behind it. Binance has made it clear that only BNB-based projects qualify for this program, automatically disqualifying Pi. Moreover, the PiCoreTeam (PCT) has been criticized for lacking transparency, especially regarding how Pi tokens are locked and burned. Binance wants clear disclosures before listing Pi, but so far, the PCT has not provided enough details.
Is There Still Hope for a Binance Listing?
Despite missing out on Binance’s Vote to List, Pi Network still has a chance to land on the exchange through a direct listing in the future. However, Binance has given no timeline, leaving Pi enthusiasts guessing.
In the meantime, Pi Network did secure a listing on BTCC Exchange, bringing it a step closer to wider adoption. Additionally, Pi’s domain auction is seeing a lot of action, with over 200,000 bids, proving that the community is still engaged.
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Community Questions Binance’s Priorities
Selçuk TOPAL, Ph.D., criticized Binance for ignoring Pi Network while supporting meme coins with liquidity incentives. He argued that if Binance valued real innovation, it would back research-driven projects instead of hype-based tokens. He also questioned why Binance’s investor protection fund (SAFU) isn’t consistently applied.
Further, he raised concerns about Binance’s leadership, suggesting its vision might be more about PR than real progress.
What’s Next for Pi Network?
Pi’s price has dropped 5% in the past 24 hours, now struggling to stay above $0.6646. With Binance still hesitant and Pi’s value slipping, all eyes are on the PiCoreTeam to improve transparency and push for mainstream exchange listings. Until then, Pi holders will have to wait and see if Binance finally gives the green light.
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FAQs
As of April 2025, Pi Network’s PI token is listed on 16 cryptocurrency exchanges, including OKX, Gate.io, and Bitget.
If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year.
