- Pi Coin is gaining momentum as rumors swirl about a potential Binance listing, pushing trading volume and investor interest higher.
- While the listing isn’t confirmed, growing community support and technical signals hint at a possible breakout.
As May begins, Pi Network is showing signs of stabilization after months of bearish pressure. Despite being one of the top losers recently—trading at $0.5976, down 2.10%—Pi Coin is holding above the crucial $0.61 support level, a point that has consistently cushioned declines. With price action moving sideways between $0.60 and $0.65, and narrowing Bollinger Bands, technical indicators suggest a breakout could be imminent. Over the past 24 hours, Pi Coin has climbed 5%, adding to a 14% gain over the past month, with daily trading volume surging to $139.4 million.
The surge in interest comes amid rumors of a potential Binance listing. A recent post by Pi Barter Mall claimed that Pi Commerce Team (PCT) is in final negotiations with Binance, stirring optimism among holders. This follows Binance’s earlier community poll, in which 86% of respondents voted in favor of listing $PI, adding fuel to the speculation.
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However, the listing remains unconfirmed. Experts say the delay stems from Binance’s rigorous standards. Unlike tokens that run on Binance’s BNB Chain, Pi Coin operates on its own blockchain, raising integration concerns. Additionally, Binance demands clear tokenomics, transparent distribution mechanisms, and compliance with international regulations—criteria that Pi Network still needs to meet publicly.
Transparency is also a sticking point. Binance must verify the project’s roadmap, team credentials, and legal status before making any listing decisions. Until Pi Network can provide a clearer compliance path, a listing may remain elusive.
Adding to the controversy, crypto analyst Dr. Altcoin accused Binance of double standards, pointing out the exchange’s advertising presence in the Pi Network app despite its refusal to list the coin. The contradiction has not gone unnoticed by Pi’s loyal community, which now numbers over 70 million users.
For now, investors are watching closely. With price momentum building and rumors intensifying, the next few weeks could be pivotal for $PI and its long-awaited debut on a major exchange.
