Will PI Coin (PI) be Listed On Binance Via Community Voting?
2025-03-09Bittime - Binance announced an upgrade regarding its listing mechanism. These mechanisms are "Vote to List" and "Vote to Delist.” With this upgrade, is there a chance of PI Coin (PI) listing on Binance? Follow this article for a review.
Pi Network (PI) has attracted attention since its mainnet launch on February 20. Even though it has a large community, PI has not yet received an official listing on Binance. What are the chances of this token listing on Binance? Keep following the review.
Binance Upgrades Listing Mechanism
Source: X (@binance)
Binance has just introduced new mechanisms in its crypto listing system, namely “Vote to List” and “Vote to Delist.” With this system, the community now has a greater role in determining which crypto assets enter or leave Binance.
To be able to participate in voting, Binance users must have a minimum of 0.01 BNB. This system was created to provide greater control to the community while ensuring registered tokens remain compliant with regulations.
If a project gets enough community support, Binance will continue the listing process. In fact, they are offering an airdrop as an incentive for early backers.
Read also: Pi Network (PI) Price Prediction: $2 Breaks, Ready to Go to $3?
Is PI Coin Listing on Binance?
Pi Network (PI) has attracted attention since its mainnet launch on February 20. Even though it has a large community, PI has not yet received an official listing on Binance.
However, with this voting mechanism, the opportunity for PIs to enter Binance is greater.
Community voting which took place from 17 to 27 February 2025 showed quite impressive results. Of the total 232,676 votes received, 88% (202,547 votes) supported PI's listing on Binance, while the remaining 12% (30,129 votes) rejected it.
With these numbers, the pressure on Binance to make a decision quickly increases.
However, Binance has not provided an official statement regarding the results of this voting. This makes the PI community wonder, will Binance really follow the community vote or is it still waiting for other factors before giving a final decision?
Read also: Top 5 Crypto Mining Applications: There are BlockDag and Pi Network
Latest Pi Network Performance
Source: Coinmarketcap
Even though it hasn't entered Binance yet, Pi Coin is still showing interesting performance. Currently, the PI price is around $1.58 (around IDR 25,000), down 12% in the last 24 hours.
PI's market capitalization currently stands at $11.4 billion (around IDR 185.89 trillion), making it one of the largest crypto projects outside of Binance's list.
Many analysts estimate that if PI does list on Binance, the price of this asset could jump to $10 (around IDR 163,000). With strong trading volume and a loyal community, Pi Coin has the potential to enter the top 10 list of cryptocurrencies with the largest market capitalization.
Read also: How Much Will Pi Network Be Worth in the Future?
However, there is one aspect that may make Binance cautious. PI price movements often run counter to general crypto market trends.
When the crypto market goes down, PI prices actually go up, and vice versa. This pattern raises the question of whether Binance views this volatility as a risk to consider before listing.
Closing Thought
Binance's new community voting mechanism gives the Pi Network community hope to see their tokens officially enter the platform.
With voting results that are very supportive, Binance should immediately make a decision. However, other factors such as regulations, liquidity and price stability will also be taken into consideration. Will PI Coin list on Binance? Let's just wait.
FAQ
1. Is Pi Coin listed on Binance?
Not yet. Until now, Binance has not made an official announcement regarding the listing of PI Coin even though it has received great support in community voting.
2. When will Binance announce the PI Coin voting results?
There's no exact timetable, but it's widely speculated that the announcement could happen on March 14, 2025, coinciding with "Pi Day."
3. What happens if PI Coin is successfully listed on Binance?
If a listing occurs, PI prices will likely soar due to increased liquidity and accessibility for global investors.
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Reference
Binance Square, Is Binance Listing of Pi Network (PI) Closer Than You Think? Here’s Why, accessed March 9, 2025.
Binance Square, Binance New Update Sparks Hope for Binance Pi Network Listing!, accessed March 9, 2025.
CoinPedia, Pi Network News: Will Binance List Pi Coin With New Voting Model?, accessed March 9, 2025.
Author: Y
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