No Binance itemizing for Pi
Regardless of large neighborhood help 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 concept would have Hal Finney handing over his grave, the idea gained traction rapidly, drawing in tens of millions of customers around the globe and constructing one of many largest crypto communities to this point.
Naturally, as curiosity within the mission grew, expectations round itemizing on main exchanges — particularly Binance — started to construct.
In reality, 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, remains to be not listed on Binance, the world’s largest cryptocurrency trade by buying and selling quantity.
In reality, 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 couple 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 consumer 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 aware of the matter suggests:
- Blockchain compatibility issues: Binance’s “Vote to Record” initiative favors tasks constructed on the BNB Sensible 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 usually 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 below scrutiny for working in a method that resembles multilevel advertising (MLM). That sort of classification introduces regulatory uncertainty — one thing main exchanges choose to keep away from.
Do you know? You possibly can’t be part of Pi Community with out a referral code; each consumer needs to be invited by another person. It’s designed to develop solely by way of 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 equivalent to OKX, Bitget and MEXC, none of them convey the identical stage of publicity or liquidity. With out entry to Binance’s large consumer base and credibility, it’s arduous for PI to achieve severe traction within the broader market.
Since then, Pi’s worth line has been uneven. Brief-lived spikes have principally been pushed by hypothesis — typically round mainnet rumors or trade teasers — however they’ve constantly been adopted by corrections. The token has struggled to take care of upward momentum, and buying and selling volumes stay skinny in comparison with extra established tasks.
The Pi Core Group has stated it’s been engaged on bettering transparency and tightening up the regulatory aspect of issues. That’s a step in the appropriate route, however whether or not it’s sufficient to win over Binance — or some other top-tier trade — remains 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 unbiased infrastructure
Pi Community does have sure benefits that might permit it to develop with out counting on top-tier trade listings.
First, its consumer base is very large. Even with skepticism rising, Pi claims tens of tens of millions of customers — numbers most crypto tasks would kill for. This scale provides the community a built-in marketplace for its native forex, particularly in areas the place mobile-first options have actual attraction.
Second, the Pi Core Group has emphasised real-world utilization. By means of campaigns like PiFest, it has tried to show that Pi is a useful forex in addition to a speculative asset — over 125,000 retailers reportedly signed as much as settle for Pi in the course of the March 2025 occasion.
Though the precise fee quantity remained flat, the infrastructure is at the least beginning to type.
The group additionally continues to construct its personal ecosystem — wallets, decentralizd purposes and even a proprietary Know Your Buyer (KYC) system — moderately 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 will not be as vital.
In principle, Pi may carve out its personal lane: not as a speculative coin traded on open markets, however as a digital forex 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 dealing with main inflation strain: Over 124 million Pi is being unlocked in April alone, with a complete of 1.53 billion getting into circulation within the subsequent yr, pushing the provision to over 8.2 billion.
In the meantime, the migration course of is damaged. Solely a fraction of customers have been capable of full KYC and entry their cash, with many reporting misplaced tokens or infinite verification loops.
Whereas smaller exchanges like OKX and Bitget checklist Pi, tier 1 platforms like Binance, Coinbase and Kraken have steered clear. The shortage of transparency from the Pi Core Group on improvement milestones and token economics solely deepens consumer 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 could must pivot absolutely right into a useful ecosystem the place Pi is used, not traded. Meaning fixing the KYC backlog, constructing an actual utility layer, attracting builders and displaying significant fee exercise. It’s a tall order.
The extra doubtless end result is that Pi wants at the least some trade help to achieve the liquidity, visibility and belief it at present lacks. With out it, Pi could stay a well-intentioned experiment that by no means absolutely escapes its enclosed backyard — or worse, collapses below the burden of its personal hype.
Briefly, Pi Community doesn’t want Binance to exist. However to thrive? That’s one other story.
