There have been reports suggesting that Binance, one of the largest cryptocurrency exchanges in the world, has rejected listing Pi Coin. However, an official statement from Binance is still missing, so the situation remains unclear.
The Reports and the Confusion
Reports say that Binance has explained its decision not to list Pi Coin due to several reasons. These include Pi Network still being too centralized and not having an open mainnet. Binance has stated that Pi Coin can only be listed once these issues are fixed, with decentralization and an open mainnet being key to the process.
Pi Coin fans and investors have quickly reacted on social media, saying that the reports are false. Many believe that Binance’s claims about the mainnet being closed are incorrect. “The mainnet is open! It launched on February 20,” one Pi Coin supporter pointed out.”
Some people argue that because Binance hasn’t officially confirmed anything, this news may just be a rumor. “There’s no official statement from Binance saying they rejected Pi Coin, so that shows there might not be any truth to the reports,” one person said.
What’s Going on with Pi Network?
Pi Network officially launched its open mainnet on February 20, 2025, promising better decentralization and infrastructure. The Pi Network community has been working hard to grow and improve its platform, but there are still challenges ahead, such as getting more recognition and liquidity.
Without an official statement from Binance, no one knows for sure whether Pi Coin will be listed. Some are hopeful that Binance will eventually recognize Pi Coin’s progress, while others remain skeptical.
If Binance really has rejected Pi Coin, it could be a big setback for the project. On the other hand, if Binance is just waiting for more progress, Pi Coin’s supporters might still have hope. At press time, Pi coin has gained more than 3% and is trading at $0.84.
