Why Binance Refused to List Pi Network — The Real Reason & Pi Coin Price Prediction

Mar 21, 2025

Why Binance Refused to List Pi Network Cover

The cryptocurrency space is no stranger to controversy, and the recent decision by Binance, the world’s largest crypto exchange, to exclude Pi Network (PI) from its “Vote to List” campaign has sparked widespread debate. While Binance has provided an official explanation, many in the crypto community believe there are deeper reasons behind this move.

Pi Network’s exclusion has fueled concerns about centralized exchange biases, leaving many to question whether Pi Coin will ever be listed on Binance. Moreover, Pi’s price has seen a sharp decline from its peak of $3 to $1.13, raising further speculation about its future price trajectory. Can Pi Coin recover, and could it realistically reach the $10 milestone?

Let’s explore the real reason Binance refused to list Pi Network, analyze potential future listings, and dive deep into Pi Coin’s price prediction.

Binance’s Official Explanation for Excluding Pi Network

Binance recently launched its “Vote to List” campaign, allowing the community to vote for new projects to be added to the exchange. However, Pi Network did not make the cut. According to Binance, only projects that operate on the BNB Smart Chain were eligible, immediately disqualifying Pi Network, which runs on its own independent blockchain.

This technical requirement was cited as the primary reason for Pi’s exclusion. However, not everyone is convinced that this is the only reason Binance has kept Pi off its platform.

The Hidden Reasons Binance May Have Rejected Pi Network

Beyond Binance’s official explanation, there are several underlying reasons why Pi Network remains absent from the exchange. Let’s break them down:

1. Pi Network’s Unique Consensus Mechanism

Unlike most cryptocurrencies that use Proof-of-Work (PoW) or Proof-of-Stake (PoS), Pi Network utilizes a unique Proof-of-Consensus (PoC) model. This approach relies on a trust-based system rather than traditional mining or staking mechanisms, making it fundamentally different from most projects listed on Binance.

Binance may be hesitant to list Pi Coin due to uncertainties surrounding PoC’s scalability, security, and decentralization compared to established consensus mechanisms.

2. Pi’s Closed Ecosystem & Lack of Full Mainnet Launch

As of now, Pi Network is still operating within a closed mainnet environment, meaning users cannot freely trade their Pi Coins on external exchanges. This restriction has led many to label Pi as an unfinished project, making major exchanges like Binance reluctant to list it until its ecosystem fully matures.

A true mainnet launch with open transactions would be a key step in securing a listing on Binance. Until then, Pi remains in a gray area for most exchanges.

3. Regulatory & Compliance Concerns

Binance has faced increasing regulatory scrutiny from global financial authorities. In this environment, listing a project like Pi Network— which lacks regulatory clarity in many jurisdictions— might present additional risks.

Since Pi’s ecosystem operates differently from conventional cryptocurrencies, Binance may be concerned about compliance issues that could arise from listing Pi prematurely.

4. Preference for High Liquidity Coins

Binance, like most major exchanges, prioritizes listing cryptocurrencies with high liquidity and trading volume. Pi Network, despite having a large user base, lacks an active secondary market for its token.

Since Pi Coins are still locked within its ecosystem, there is little data to determine how liquid the asset would be if introduced to an exchange like Binance. Until Pi’s liquidity situation improves, Binance may hesitate to offer trading pairs for it.

Interestingly, Binance’s latest “Vote to List” campaign featured several memecoins, some of which were favored over utility-based projects. This trend reflects a shift towards highly speculative, community-driven tokens rather than projects with long-term sustainability.

Pi Network, which positions itself as a fundamentally innovative blockchain project, may not align with Binance’s current listing priorities.

Will Binance List Pi Network in the Future?

Despite its exclusion from the “Vote to List” campaign, many crypto enthusiasts still believe Binance may list Pi Network in the future. Here’s why:

  • Growing User Base: Pi Network boasts over 45 million engaged users, a massive community that could drive significant trading volume. Binance could eventually list Pi to capitalize on this demand.

  • Potential Mainnet Launch: If Pi Network fully transitions to an open mainnet, it would remove a major hurdle for exchange listings.

  • Market Demand: If major exchanges like Coinbase or Kraken list Pi first, Binance might follow suit to remain competitive.

  • Pi’s Expanding Ecosystem: As more real-world applications develop around Pi Coin, its use case could attract Binance’s attention.

For now, Binance remains cautious, but if Pi Network continues to grow, a future listing remains a strong possibility.

Pi Coin Price Forecast – Can It Reach $10?

Pi Coin has seen significant volatility, dropping from its all-time high of $3 to $1.13. However, market analysts believe a crypto bull run could spark a recovery.

Let’s explore potential price predictions based on different scenarios:

1. Bearish Scenario ($0.50 - $1.50)

If Pi Network fails to launch a fully functional mainnet and remains restricted within its ecosystem, its price could drop further. Limited exchange listings and regulatory roadblocks could suppress demand, keeping Pi Coin within the $0.50 - $1.50 range.

2. Neutral Scenario ($3 - $5)

If Pi Network manages to launch an open mainnet, secure partnerships, and gain some smaller exchange listings, it could reclaim its previous high of $3 - $5. However, it would still need Binance or Coinbase to reach higher levels.

3. Bullish Scenario ($10 - $15)

For Pi Coin to hit $10 or beyond, the following must happen:

  • Full mainnet deployment with open transactions

  • Binance or major exchange listing

  • Mass adoption & real-world use cases

  • Strong overall crypto market conditions

If Pi Network successfully achieves these milestones, a price surge to $10 - $15 could be within reach. However, achieving this level will require time and adoption growth.

What’s Next for Pi Network?

Despite Binance’s snub, Pi Network continues to evolve. The project’s long-term success depends on several key factors:

  • Mainnet Development: A fully open and decentralized mainnet is crucial for future exchange listings.

  • Ecosystem Growth: More applications, use cases, and partnerships will strengthen Pi’s value proposition.

  • Exchange Listings: If other major exchanges begin listing Pi, Binance may be forced to reconsider.

  • Regulatory Clarity: Pi Network must ensure compliance with global regulations to avoid legal hurdles.

For now, Pi remains a highly speculative asset, but its massive community and ambitious roadmap make it a project to watch in the coming years.

Final Thoughts

Binance’s decision to exclude Pi Network from its listing campaign has raised concerns, but it does not mark the end for Pi Coin. While challenges remain—such as liquidity issues, regulatory concerns, and Binance’s listing priorities—Pi Network still has a chance to secure a major exchange listing in the future.

For investors and Pi enthusiasts, patience is key. If Pi Network delivers on its promises, it could potentially see mass adoption and higher valuations in the long run. Whether or not it reaches $10, its journey will be one of the most closely watched in the crypto world.

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