No Binance itemizing for Pi
Regardless of large neighborhood assist and over 2 million votes pushing for a Binance itemizing, Pi Community’s native token stays unlisted and unheard by the trade as of April 2025.
Pi Community launched with a daring, though considerably farfetched mission: make cryptocurrency mining accessible to anybody with a smartphone. No costly {hardware}, no difficult setup — only a easy faucet as soon as a day.
Whereas the thought would have Hal Finney handing over his grave, the idea gained traction rapidly, drawing in thousands and thousands of customers world wide and constructing one of many largest crypto communities up to now.
Naturally, as curiosity within the mission grew, expectations round itemizing on main exchanges — particularly Binance — started to construct.
Actually, greater than 2 million of Pi Community’s customers participated in a neighborhood ballot in early 2025, with 86% voting in favor of pursuing a Binance itemizing.
But as of April 2025, Pi Community’s native token, Pi, continues to be not listed on Binance, the world’s largest cryptocurrency trade by buying and selling quantity.
Actually, there hasn’t even been an official assertion from Binance. It’s a bit like knocking on a neighbor’s door for assist and watching the curtain twitch — however nobody ever opens.
Why hasn’t Binance listed Pi?
There are a number of causes Pi hasn’t made it onto Binance’s platform, each unofficial and official.
Unofficially, issues have circulated throughout the broader crypto house since Pi Community’s mainnet launch in February 2025. Critics level to artificially inflated person metrics, Ponzi-style dynamics, centralized management of the community and tokenomics, or the dearth thereof, as useless giveaways.
Nevertheless, the official stance of Binance specialists accustomed to the matter suggests:
- Blockchain compatibility issues: Binance’s “Vote to Record” initiative favors tasks constructed on the BNB Good Chain. Pi Community operates by itself blockchain, so it doesn’t meet the core eligibility standards.
- Transparency points: Binance expects clear and public disclosures about how a token is issued, locked or burned. Thus far, Pi has not supplied the extent of element that main exchanges sometimes require. With out that transparency, it’s troublesome for platforms to evaluate the integrity of the token’s economics.
- Regulatory issues: In areas like Vietnam and China, Pi Community has come underneath scrutiny for working in a method that resembles multilevel advertising (MLM). That sort of classification introduces regulatory uncertainty — one thing main exchanges desire to keep away from.
Do you know? You’ll be able to’t be part of Pi Community and not using a referral code; each person needs to be invited by another person. It’s designed to develop solely by private connections.
Pi token faces market challenges
Since lacking out on Binance’s stamp of approval, PI’s worth has continued to endure, dropping to round $0.56 as of early April 2025 — an 80% plunge from its all-time excessive.
And whereas Pi has made its method onto different platforms reminiscent of OKX, Bitget and MEXC, none of them deliver the identical stage of publicity or liquidity. With out entry to Binance’s large person base and credibility, it’s exhausting for PI to achieve critical traction within the broader market.
Since then, Pi’s worth line has been uneven. Brief-lived spikes have largely been pushed by hypothesis — usually round mainnet rumors or trade teasers — however they’ve persistently been adopted by corrections. The token has struggled to keep up upward momentum, and buying and selling volumes stay skinny in comparison with extra established tasks.
The Pi Core Crew has mentioned it’s been engaged on enhancing transparency and tightening up the regulatory facet of issues. That’s a step in the proper course, however whether or not it’s sufficient to win over Binance — or another top-tier trade — continues to be up within the air.
Can Pi survive?
The reply to this query is twofold and depends on the place one chooses to position the blindfolds.
Blindfold on: Neighborhood energy and impartial infrastructure
Pi Community does have sure benefits that would permit it to develop with out counting on top-tier trade listings.
First, its person base is very large. Even with skepticism rising, Pi claims tens of thousands and thousands of customers — numbers most crypto tasks would kill for. This scale offers the community a built-in marketplace for its native foreign money, particularly in areas the place mobile-first options have actual enchantment.
Second, the Pi Core Crew has emphasised real-world utilization. By way of campaigns like PiFest, it has tried to show that Pi is a practical foreign money in addition to a speculative asset — over 125,000 retailers reportedly signed as much as settle for Pi throughout the March 2025 occasion.
Although the precise fee quantity remained flat, the infrastructure is a minimum of beginning to kind.
The group additionally continues to construct its personal ecosystem — wallets, decentralizd functions and even a proprietary Know Your Buyer (KYC) system — quite than counting on third-party platforms or validators. If Pi can evolve right into a closed-loop economic system, the place customers earn, spend and trade Pi inside its personal surroundings, main exchanges might not be as important.
In idea, Pi might carve out its personal lane: not as a speculative coin traded on open markets, however as a digital foreign money utilized in peer-to-peer economies and low-cost marketplaces.
Blindfold off: A fragile ecosystem with mounting strain
Regardless of the preliminary hype, Pi Coin’s efficiency since its mainnet launch has been dismal.
The token is going through main inflation strain: Over 124 million Pi is being unlocked in April alone, with a complete of 1.53 billion coming into circulation within the subsequent yr, pushing the availability to over 8.2 billion.
In the meantime, the migration course of is damaged. Solely a fraction of customers have been in a position to full KYC and entry their cash, with many reporting misplaced tokens or limitless verification loops.
Whereas smaller exchanges like OKX and Bitget record Pi, tier 1 platforms like Binance, Coinbase and Kraken have steered clear. The shortage of transparency from the Pi Core Crew on improvement milestones and token economics solely deepens person frustration.
Do you know? It’s been reported that Bybit’s CEO referred to as the Pi Community a “rip-off” — a label the builders deny however one which hangs heavy within the absence of clear communication.
With out trade listings, is there a future for Pi Community?
Might Pi succeed with out main trade listings? Technically, sure — however the odds are narrowing quick.
To take action, it will must pivot absolutely right into a practical ecosystem the place Pi is used, not traded. Which means fixing the KYC backlog, constructing an actual software layer, attracting builders and exhibiting significant fee exercise. It’s a tall order.
The extra probably final result is that Pi wants a minimum of some trade assist to achieve the liquidity, visibility and belief it at the moment lacks. With out it, Pi could stay a well-intentioned experiment that by no means absolutely escapes its enclosed backyard — or worse, collapses underneath the load of its personal hype.
In brief, Pi Community doesn’t want Binance to exist. However to thrive? That’s one other story.
