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The mainnet launch of the Pi Network is just days away, sparking significant interest in Pi Coin. Following its listing on the OKX exchange, the price surged by 100%, fueling rumors about a potential listing on Binance. However, as of now, neither Binance nor the Pi Core Team has made an official announcement regarding this matter. This raises the question: Is Binance actually going to list Pi Coin, or is it merely speculation?
Understanding Pi Network’s Utility and Speculation Debate
Unlike traditional cryptocurrencies, the Pi Network allows mining via smartphones, making it accessible to millions of users. However, this ease of mining raises uncertainty regarding its market value. Some experts believe that the primary purpose of Pi Coin is not speculative investment but serving as a medium of exchange in daily transactions. If Pi Coin follows this path and does not get listed on major exchanges, its adoption may progress slowly but steadily.
On the other hand, if it gets listed on significant exchanges, its price could rise rapidly. Yet, history has shown that projects growing solely on hype without tangible use cases tend to collapse quickly. Some market participants suggest that Pi Coin might share a similar fate.
Currently, Pi Network ranks among the top five cryptocurrencies on the social media platform X, surpassing Ethereum 
$1,480 and XRP in terms of followers. However, major exchanges still approach the project with caution, raising serious questions.
Will Binance List Pi Coin?
The question of whether Binance will list Pi Coin remains a significant concern. So far, Bybit has announced that it will not list Pi, while HTX removed the Pi/USDT trading pair, and Bitget deleted its posts related to Pi Coin. This reflects a strong hesitation from major exchanges regarding listing Pi.
Another critical factor is the situation of Pi Network in China. The project has been deemed a “pyramid scheme” by some factions within the Chinese government, posing a risk for large exchanges. Consequently, exchanges like Binance may approach the listing with caution due to regulatory risks.
Regarding price predictions, speculation in the market suggests that Pi Coin could range between $93 and $220 by 2025, with an average expectation of around $141. However, Pi Coin is currently trading at approximately $72, reflecting a 10% decline, raising doubts about the sustainability of its price rise.
Currently, there are no clear signs that Binance has made a decision about listing Pi Coin, indicating that the potential listing may just be a rumor. If major exchanges choose not to support the project, the existing hype could quickly dissipate, resulting in a sharp price drop contrary to expectations.
