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Cryptocurrency News Articles

As May Kicks Off, Pi Network Shows Stability After a Prolonged Correction

May 02, 2025 at 06:33 pm

As May Kicks Off, Pi Network Shows Stability After a Prolonged Correction

May has begun with stability in the Pi Network, following a period of correction. The price of Pi Coin (PI) is now trading above the crucial support zone of $0.61, which has held on multiple occasions.

Currently, it’s moving sideways between $0.60 and $0.65, usually a sign that a coin is preparing for a big move. The Bollinger Bands are also narrowing, which could indicate an upcoming breakout. In the last day, Pi Coin is up over 5%, and it’s risen 14% over the last month. Trading activity is increasing as well, with daily volume reaching $139.4 million.

Speculation Over Pi Coin Binance Listing

A post by Pi Barter Mall claimed that Pi Coin (PI) could soon be listed on Binance. According to the post, PCT (Pi Commerce Team) is in final negotiations with the exchange. This follows Binance’s earlier community poll, where users were asked whether $PI should be launched on the platform, sparking speculation that a listing may be closer than expected.

However, 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 is a major factor. The exchange must be confident in the project’s roadmap, team disclosures, and overall reliability. Another critical factor is compliance—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.

What a juxtaposition!Binance advertises on the Pi Network app to reach over 70 million users — yet refuses to list Pi on its own trading platform, even after 86% of the community voted in favor.That’s the very definition of double standards. @PiCoreTeam @nkokkalis @Chengdiao… pic.twitter.com柿

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Other articles published on Jun 10, 2025