No Binance listing for Pi

Despite massive community support and over 2 million votes pushing for a Binance listing, Pi Network's native token remains unlisted and unheard

Despite massive community support and over 2 million votes pushing for a Binance listing, Pi Network’s native token remains unlisted and unheard by the exchange as of April 2025.

Pi Network launched with a bold, although somewhat farfetched mission: make cryptocurrency mining accessible to anyone with a smartphone. No expensive hardware, no complicated setup — just a simple tap once a day.

While the idea would have Hal Finney turning in his grave, the concept gained traction quickly, drawing in millions of users around the world and building one of the largest crypto communities to date.

Naturally, as interest in the project grew, expectations around listing on major exchanges — especially Binance — began to build.

In fact, more than 2 million of Pi Network’s users participated in a community poll in early 2025, with 86% voting in favor of pursuing a Binance listing.

Yet as of April 2025, Pi Network’s native token, Pi, is still not listed on Binance, the world’s largest cryptocurrency exchange by trading volume.

In fact, there hasn’t even been an official statement from Binance. It’s a bit like knocking on a neighbor’s door for help and watching the curtain twitch — but no one ever opens.

Why hasn’t Binance listed Pi?

Why hasn’t Binance listed Pi?

There are a few reasons Pi hasn’t made it onto Binance’s platform, both unofficial and official.

Unofficially, concerns have circulated within the broader crypto space since Pi Network’s mainnet launch in February 2025. Critics point to artificially inflated user metrics, Ponzi-style dynamics, centralized control of the network and tokenomics, or the lack thereof, as dead giveaways.

However, the official stance of Binance experts familiar with the matter suggests:

Did you know? You can’t join Pi Network without a referral code; every user has to be invited by someone else. It’s designed to grow only through personal connections.

Pi token faces market challenges

Pi token faces market challenges

Since missing out on Binance’s stamp of approval, PI’s price has continued to suffer, dropping to around $0.56 as of early April 2025 — an 80% plunge from its all-time high.

And while Pi has made its way onto other platforms such as OKX, Bitget and MEXC, none of them bring the same level of exposure or liquidity. Without access to Binance’s massive user base and credibility, it’s hard for PI to gain serious traction in the broader market.

Since then, Pi’s price line has been choppy. Short-lived spikes have mostly been driven by speculation — often around mainnet rumors or exchange teasers — but they’ve consistently been followed by corrections. The token has struggled to maintain upward momentum, and trading volumes remain thin compared to more established projects.

The Pi Core Team has said it’s been working on improving transparency and tightening up the regulatory side of things. That’s a step in the right direction, but whether it’s enough to win over Binance — or any other top-tier exchange — is still up in the air.

Can Pi survive?

Can Pi survive?

The answer to this question is twofold and relies on where one chooses to place the blindfolds.

Blindfold on: Community power and independent infrastructure

Pi Network does have certain advantages that could allow it to grow without relying on top-tier exchange listings.

First, its user base is massive. Even with skepticism growing, Pi claims tens of millions of users — numbers most crypto projects would kill for. This scale gives the network a built-in market for its native currency, especially in regions where mobile-first solutions have real appeal.

Second, the Pi Core Team has emphasized real-world usage. Through campaigns like PiFest, it has tried to prove that Pi is a functional currency as well as a speculative asset — over 125,000 merchants reportedly signed up to accept Pi during the March 2025 event.

Even though the actual payment volume remained flat, the infrastructure is at least starting to form.

The team also continues to build its own ecosystem — wallets, decentralizd applications and even a proprietary Know Your Customer (KYC) system — rather than relying on third-party platforms or validators. If Pi can evolve into a closed-loop economy, where users earn, spend and exchange Pi within its own environment, major exchanges may not be as critical.

In theory, Pi could carve out its own lane: not as a speculative coin traded on open markets, but as a digital currency used in peer-to-peer economies and low-cost marketplaces.

Blindfold off: A fragile ecosystem with mounting pressure

Despite the initial hype, Pi Coin’s performance since its mainnet launch has been dismal.

The token is facing major inflation pressure: Over 124 million Pi is being unlocked in April alone, with a total