Exploring the Pi Network and Its Challenges with Binance
The cryptocurrency space has seen a surge in community-driven projects, with the Pi Network being one of the most notable examples. Despite gaining tens of millions of users globally and establishing a budding ecosystem, Pi Network supporters question why the project remains absent from Binance’s listings—a prominent global cryptocurrency exchange.
CZ’s Comments on Meme Culture and Community Response
Recently, Binance’s CEO Changpeng Zhao (commonly known as CZ) sparked conversations by expressing his appreciation for meme culture and its ability to create “sticky” ideas within communities. Although these remarks were not explicitly tied to Pi Network, they reignited debates among Pi supporters who believe their project deserves more recognition, especially when compared to the meme coins Binance has listed despite limited utility.
The Pi Network community emphasizes that its project combines a real-world user base with growing real-life application potential. A tweet by a prominent Pi supporter stated: “$PI boasts tens of millions of real users and a global community base. Yet, Binance lists low-quality meme coins, overlooking $PI. This undermines the importance of user scale and real-world application value.”
What’s Holding Pi Back?
Pi Coin became tradable on smaller exchanges such as OKX, Bitget, and MEXC after launching its mainnet in early 2025. However, Binance hasn’t listed Pi Coin, and there has been no formal explanation from the exchange to address this. Despite a community vote heavily favoring a Pi listing, no action was taken, leaving many supporters frustrated.
Analysts have speculated on some possible reasons for Pi’s absence on Binance:
- Lack of open-source blockchain code: Transparency often plays a significant role in listings for major exchanges.
- No third-party audits: Security audits are critical in demonstrating the reliability of a blockchain project.
- Unclear application process: It remains uncertain whether Pi Network has completed all necessary steps for Binance’s evaluation process.
How Binance Evaluates Projects
To secure a listing on Binance, projects typically undergo rigorous scrutiny, covering transparency, security, and compliance with regulatory standards. According to industry experts, a lack of these elements can significantly delay or block listing applications—possibly contributing to Pi Network’s current status.
Stay Informed in the Crypto World
The cryptocurrency landscape is dynamic, so staying informed with trustworthy sources is essential. If you’re exploring cryptocurrency or blockchain tools, consider using resources like CoinPedia for reliable updates.
Invest in Your Skin While Monitoring Cryptos
Looking to upgrade your skincare routine while keeping an eye on your investments? Try L’Oréal Paris Revitalift Triple Power LZ. With its anti-aging properties, it keeps you looking fresh—just like your crypto portfolio!
