Binance is currently weighing whether to list Pi Network’s token, Pi Coin, and has engaged its community in a vote that has garnered significant attention. As of February 18, 2025, over 85% of voters support the listing, but Binance clarifies that the final decision rests on its internal evaluation processes, making the outcome uncertain.
Binance, known for its cautious approach to listing new tokens, has taken a surprising step by holding a community vote to gauge interest in listing Pi Coin. The voting period, which runs from February 17, 2025, to February 27, 2025, requires users to have a verified Binance account with at least $5 USD equivalent in assets. Participants can cast their votes on the official Binance Square Official post.
As of February 18, 2025, the vote revealed strong support for listing, with figures ranging from 85% to 88% in favor, and over 2 million votes cast. Despite the apparent enthusiasm, Binance has emphasized that the vote is “for reference only”. The exchange’s internal review processes will ultimately determine whether Pi Coin makes it onto the platform.
The open mainnet launch on February 20, 2025, marked a significant milestone for Pi Network, enabling external wallet transfers and potential exchange listings. While exchanges like OKX, HTX, Bitget, and MEXC have already listed Pi Coin, Binance has adopted a more measured approach. Analysts suggest that a Binance listing could significantly impact Pi Coin’s price, with estimates ranging from $300 to $1,000.
Pi Network, which launched on March 14, 2019, has attracted a large user base through its mobile mining model. However, the project has faced criticism, particularly concerning its referral-based mining system, with some critics labeling it a potential pyramid scheme. The decision on whether Binance will list Pi Network hinges on the community vote results and the exchange’s internal evaluation. Investors and users should closely monitor official announcements from Binance and Pi Network, especially after the vote concludes on February 27, 2025.