Pi Network (PI) Price Soars 11% on Binance Listing Rumors

Key Notes

Pi PI $0.60 24h volatility: 2.7% Market cap: $4.21 B Vol. 24h: $104.11 M price today, and it seems like the rumors of a Binance listing are heating up again.

Binance Reportedly Testing Pi Network Transactions

According to reports from multiple sources, it seems that a Pi Coin listing on crypto exchange Binance could be on the cards.

On May 7, CRYPTOAD00, a prominent researcher on the X platform, suggested that Binance could be testing transactions for Pi Network ($PI) from the Stellar deposit wallet. The researcher stated that the Binance Stellar deposit wallet is the same as their $PI wallet and that it has started testing transactions on the $PI chain.

Is $PI finally coming to Binance?

The Binance stellar deposit wallet which is the same as their $PI wallet has started testing transactions on the $PI chain. The wallet (GABFQIK63R2NETJM7T673EAMZN4RJLLGP3OFUEJU5SZVTGWUKULZJNL6) is testing the transactions. #PiNetwork pic.twitter.com/2lUqPy5Ivi

— MOON JEFF 🪐 (@CRYPTOAD00) May 7, 2025

Additionally, the researcher highlighted activity on a Binance Stellar deposit wallet, which appears to be used by Binance for processing cryptocurrency deposits. The Stellar memo "POOR" is used by Binance for Stellar deposits. However, in this case, the activity on the Stellar wallet seems to be linked to a Pi Network wallet, which is being used on the Pi mainnet.

Another wallet, which is used by Binance for processing cryptocurrency withdrawals, was spotted by the researcher performing a transaction for 1 Pi Coin, which could be for KYC and KYB processes.

Further adding to the hype, Pi Barter Mall, a community platform for Pi Network users, claimed on May 1 that the negotiations between Pi Network and Binance are in their “final stage”.

Question: Do you think Binance or Coinbase will list Pi?

My Answer: Pi Network has a strong community of over 70 million users across 200+ countries and regions. No major exchange would want to miss out on that. That’s why Binance was advertising on the Pi app. It might take…

— Dr Altcoin (@Dr_Picoin) May 7, 2025

Major Pi Ecosystem Announcement Coming Soon

The Pi Core Team has announced plans for a significant ecosystem announcement on May 14, 2025. The announcement will be made at 8 AM PST / 11 AM EST / 2 PM GMT / 8 PM SGT.

The timing of this announcement is interesting as it aligns with the opening day of the Consensus Summit 2025 in Toronto. This timing is significant as Dr. Nicolas Kokkalis, one of Pi Network’s founding members, is set to speak at the prestigious blockchain event.

This announcement has sparked anticipation and excitement among the Pi community, with many speculating that it could be a major development for the Pi Network.

As the anticipation builds for the upcoming announcement, the price of Pi (PI) has shown signs of strength. After a swift 11% upside today, setting it up for more gains.

The post Pi (PI) price surges 11% as Binance listing rumors swirl; Major Pi ecosystem announcement on May 14 appeared first on CryptoSlate.

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan Akolkar on X