Pi Network Listing on Binance Can Save Pi Coin Price?

Bittime - Pi Network was only launched after 6 years of its introduction, but it seems that the performance of this project is quite disappointing. In the last few days, the price of Pi Coin has experienced a significant decline, even dropping more than 20%. 

Some analysts think that a listing on a large exchange like Binance will drive up the price of Pi Coin. Then, will Pi Network list on Binance? Read this article to find out!

Current Pi Coin Price

Currently, the price of Pi Coin is relatively stable at $1.38, despite a slight decline of 0.15%, while Pi Coin trading volume plunged by 46% to $527.7 million. 

Overall, Pi Coin saw a 24% drop in the past week and is down nearly 19% since its official launch on February 20. 

Even though Bitcoin and Ethereum experienced drops of 2.3% and over 8% respectively, Pi Network is still holding up. 

However, a token unlock in the near future has the potential to trigger greater selling pressure, which could cause the Pi Network price to fall further.

Read Also: How Much Does Pi Network Cost in the UK Today? Here's the Analysis!

Development of Pi Coin Adoption

Pi Network continues to attract attention with increasing user numbers and increasingly widespread adoption. One of them is the decision of Zito Realty LLC, a real estate company, to accept Pi Coin as a means of payment. 

However, despite these positive developments, investors are still wary of the impact of the upcoming token unlock. 

The average number of tokens unlocked per day reached 9.05 billion Pi, equivalent to $18.11 million. These numbers are expected to spike on March 17 and 21, with unlocks of 23.1 million Pi ($46.27 million) and 23.4 million Pi ($46.88 million), respectively.

In the next 30 days, a total of 271.68 million PIs with a value of approximately $543.36 million will be unlocked. This amount has the potential to increase selling pressure, making investors worry that the price of Pi Coin could fall below $1.

Pi Network Listing on Binance 

Despite facing major challenges, Pi Network still has a chance to rise. One factor that could trigger an increase in the price of Pi Coin is the possibility of Pi Network listing on Binance. 

Currently, Pi Coin is ranked 11th by market capitalization. With adoption continuing to grow and an increasingly active community, speculation regarding Pi Network listing on Binance is growing stronger.

In a vote conducted by Binance, 86% of the votes expressed support. If Binance does list this asset, Pi Coin could gain huge exposure and increase liquidity significantly, potentially driving price spikes.

Read Also: Pi Network Price Prediction 2025 After Mainnet Launch!

Pi Network FAQs

What is Pi Network?

Pi Network is a crypto project that allows users to mine tokens directly from their mobile phones. The project is designed to be user-friendly and energy efficient compared to traditional mining methods such as Bitcoin.

How Does the Pi Network Work?

Pi Network uses a consensus model based on the Stellar Consensus Protocol (SCP) so users only need to open the application every day to mine. This activity does not drain the battery or device resources.

Is Mining Pi Network Tokens Free?

Yes, mining Pi Network tokens on the Pi Network app is completely free. However, users need to be active every 24 hours to press the "mine" button and maintain active membership in the network.

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Reference

Crypto Data Space, Pi Crypto News: Will Binance Listing Save Pi Coin from a Crash?, accessed March 12, 2025.

Author: IPR