- Binance’s new listing model, which allows community-driven voting, has fueled speculation about a potential Pi Network listing.
- Pi Network’s growing market activity and strong community support position it as a strong candidate for Binance’s new listing process.
Binance has launched a community listing model in which users vote on tokens to be listed or delisted. The new model shifts power to Binance users by allowing them to decide on listing through a “Vote to List” and “Vote to Delist” system. Users must have a minimum balance of 0.01 BNB in their accounts to be able to vote.
Binance is enhancing its listing mechanism and introducing its new Community Co-Governance Mechanism for Listings.
The ‘Vote to List’ and ‘Vote to Delist’ mechanisms will enable greater community participation and give users a stronger voice in the listing process.
Read more 👉… pic.twitter.com/L2brgc4aoU
— Binance (@binance) March 7, 2025
Since its mainnet launch on February 20, Pi Network has seen unprecedented traction, with millions of users engaging with the platform. Despite its popularity and active trading on a multitude of exchanges, Pi Coin has yet to be listed on Binance.
Binance conducted a community vote on the listing of Pi Coin from February 17 to February 27. Out of 232,676 valid votes cast, 87% (202,547 votes) supported listing, and 12.9% (30,129 votes) opposed listing.
With so much backing in the community, Binance is now under mounting pressure to remain committed to its new model and add Pi Coin to its exchange. If Binance stays committed to this new system, a listing could be in the cards.
Analysts Weigh In on Pi Network’s Binance Prospects
Some experts in crypto have commented on Pi Network’s potential listing and what it could mean for the market. Analyst Kim H Wong has observed that Pi Network stands out among crypto projects in that it is trying to create a functional digital economy.
Within its ecosystem, Pi Coin can be used to make real-world goods and services purchases as well as on decentralized applications (dApps).
Facts about Pi Network:
1. Pi Network is unique among crypto projects. It aims to create a functional digital economy where Pi coins can be used for real-world transactions, such as buying goods and services in its marketplace and powering broad decentralized applications… pic.twitter.com/MY2Y7nCOb8
— Kim H Wong (@Time_and_Trade) March 5, 2025
Pi Network community strength is another major driving force behind its popularity. Wong states that more than 150 million downloads have been made on the app with 65 million active users and 4 million X followers and is one of crypto’s most active and engaged communities.
Since its mainnet launch, Pi Coin has already been traded on a number of centralized exchanges with a daily average volume of around $1.5 billion. Wong believes that with these conditions in place, it is only a matter of when Binance and other major exchanges will list Pi Coin.
Bulls Eye $2.0364 for Pi Coin, but Resistance Holds Strong
With the hype around a listing on Binance mounting, Pi Coin is facing resistance at significant price levels. Analyst Zenith Zoro explained that Pi is struggling to break through the $1.9948 level of resistance and that the sellers are firmly in charge.
If buyers succeed in pushing the price over this barrier, Pi can rally toward $2.0364. However, a failure to break through can result in a decline towards the next support at $1.5708.
Pi Coin currently trades at $1.79, down 39.77% from its all-time high at $2.98. Despite this decline, the project is still quite active in terms of community support and is being watched by traders in anticipation of a breakout.
Zoro spotted significant trading opportunities for Pi Coin and noted that a breakout at $1.9948 would trigger bullish momentum and that a failure at this level would trigger more selling pressure. He went on to state that a loss of support at $1.7978 would trigger selling pressure.