As May kicks off, Pi Network is showing stability after a prolonged correction. The Pi Coin price is hovering above the crucial $0.61 support level, a zone that has repeatedly held firm. Right now, it’s moving sideways between $0.60 and $0.65, which usually means it’s preparing for a big move. The narrowing Bollinger Bands hint that a breakout could be near. In the past day, Pi Coin is up over 5%, and it’s gained 14% in the last month. Trading activity is also rising, with daily volume now at $139.4 million.
Speculation Mounts Over Pi Coin Binance Listing
Fueling the excitement is a post by Pi Barter Mall, which claimed that Pi Coin (PI) could soon be listed on Binance. The post noted that PCT (Pi Commerce Team) is in final negotiations with the exchange. This came after Binance’s earlier community poll asking users whether $PI should be launched on the platform, igniting speculation that a listing may be closer than expected.
Why Pi Network Listing on Binance is Delayed?
Despite the hype, Binance has not yet officially listed Pi. One of the key hurdles is the exchange’s strict listing criteria. Binance tends to favor projects compatible with its BNB Chain, while Pi operates on its blockchain, raising compatibility concerns. Plus, Binance requires clarity in tokenomics, including transparent distribution models, inflation control, and mechanisms to protect token value.
Moreover, transparency remains a major requirement. Binance must be confident in the project’s roadmap, team disclosures, and overall reliability. Compliance is another critical factor, any token must align with regulations across jurisdictions. Pi Network must navigate this complex landscape before earning a spot on the world’s largest exchange.
Meanwhile, crypto analyst Dr. Altcoin called out Binance for what he sees as double standards, criticizing the exchange for advertising on the Pi Network app to access its 70+ million users, while still refusing to list Pi Coin on its trading platform, despite 86% of the community voting in favor.
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