Pi Coin: Massive Vote on Binance, but the Decision is Unclear

The sultry crypto of Pi Network is making headlines. Binance, the most influential crypto exchange in the market, has put it under scrutiny with a community vote. But beware, this is not a guaranteed entry ticket. While investor enthusiasm is palpable, the process set up by Binance holds many surprises.

Pi on Binance: the crypto in limbo

After attracting more than 250 million crypto users in 2024, Binance launched a vote on February 17, 2025, which attracted 2 million voters in just a few days. The result? A tidal wave in favor of the listing of $PI: 86% of the votes are for. But before imagining Pi Coin alongside BNB and other altcoins on the largest crypto exchange in the world, there is a catch: this vote holds only “indicative” value.

The final decision will rest with Binance, which applies its own selection criteria. The platform also reminds that “the project is still under review”, a euphemism to say that nothing is guaranteed.

To vote, you need to meet a few conditions:

• Have a verified Binance account;
• Hold at least $5 in assets on the platform;
• Not reside in a region where voting is restricted (sorry, China!).

In short, if Pi Coin hoped for an automatic crowning, that’s a miss. It remains to be seen if Binance will eventually validate the project’s rise into the big league.

Pi Coin and market speculation

While Pi Coin awaits its verdict, the crypto market is buzzing. The price of its IOU fluctuates between $50 and $75, but history has proven that highly anticipated launches can lead to a significant crash. PENGU and BLAST know something about that.

While some dream of a scenario like Hyperliquid, which managed to maintain its value, nothing is certain.

Pi Network is playing the innovation card to attract. Instant transactions, effortless mobile mining, massive adoption: the arguments are plentiful. Analyst Kim Wong fiercely defends the project:

“Pi Network has already changed the lives of millions of people in over 200 countries”.

Yet, skeptics persist. Between accusations of fraud, suspicions of a pyramid scheme, and even data leaks in 2021, the project’s reputation remains fragile.

Despite everything, crypto exchanges are not turning their backs on $PI. OKX, Bitget, MEXC, and HTX have already listed it, and Gate.io has joined the dance with a Launchpool event. But it’s Binance that could make all the difference.

A listing on the largest crypto exchange in the world would give Pi Coin unprecedented legitimacy, attracting both casual traders and investment funds.

Finally, as the future of Pi Network hangs in the balance, another rumor has ignited the market: the sale of Binance itself. Changpeng Zhao, aka CZ, had to step up to categorically deny it. This goes to show that in the world of cryptos, nothing is ever carved in stone.