Will Pi coin be listed on Binance? Over 80% of the votes are in favor of listing the coin! Official: Whether to go public or not still needs to be evaluated

Will Binance list Pi coin? Official voting to solicit opinions on listing
Binance, the world's largest cryptocurrency exchange, recently announced the launch of a community voting campaign to solicit users' opinions on whether the highly anticipated cryptocurrency project Pi Network (Pi coin) should be listed on the platform. According to the official announcement, the voting activity will start at 10:45 pm on February 17, 2025 and end at 7:59 am on February 28 (Taiwan time).
To ensure the fairness and representativeness of the voting, Binance has formulated strict participation rules, requiring users participating in the voting to hold a verified account and maintain an account balance of at least US$5 in assets during the entire voting period. At the same time, each user can only vote once. This unprecedented community consensus mechanism also reflects that Binance attaches more importance to user opinions when listing new projects.
As of today (2/18) when writing, more than 80% of participants in the Binance voting campaign are in favor of listing Pi coins, and only 16% of participants are against it.
Image source: Binance Will Binance list Pi coin? Official voting to solicit opinions on listing
Pi Network (Pi coin) listing has attracted much attention, but controversy continues
Pi Network has been one of the most anticipated projects in the cryptocurrency community since 2021, and its unique ecosystem design and user growth strategy have sparked widespread discussion. After years of closed mainnet phase, the project is finally about to open its mainnet this week. This news has caused a huge stir in the cryptocurrency market.
Pi Network adopts a special referral mining mechanism. New users must obtain recommendations from existing users before they can start mining. This model has enabled the project to quickly accumulate a large user base in China and other regions. However, this promotion model has also caused a lot of controversy, and some commentators even regard it as an elaborate pyramid scheme.
Despite this, market enthusiasm for Pi Network remains high. Last week, driven by the news of the open mainnet, its IOU price soared by an astonishing 78%, and many community analysts predicted that its initial trading price may fall between US$61 and US$70. It is worth noting that Pi Network has a total supply of 100 billion tokens, and its easily accessible mining reward mechanism, coupled with a referral system that can further increase mining speed, makes the project particularly popular among cryptocurrency novices.
Binance is cautious about Pi coin, and the listing decision still needs to be fully evaluated
In the development history of cryptocurrency exchanges, Binance's adoption of community voting is quite rare, which also reflects the exchange's cautious attitude towards the listing decision of Pi Network. Binance has recently been criticized for prematurely listing some meme coins with lower market capitalizations, which are often suspected of being created to create opportunities for pump and dump. Even Binance’s former CEO Changpeng Zhao (CZ) has criticized the exchange’s listing policy.
Therefore, the extremely cautious and proactive strategy adopted towards Pi Network this time shows that Binance is adjusting its project review policy. Binance stated that the voting results will be updated daily on the platform’s official account, but emphasized that this is only for reference. Whether the project can be finally launched still needs to be comprehensively evaluated based on the official established review process and standards.
The attitudes of major exchanges vary, and regulatory considerations are key
At present, major exchanges such as OKX and Bitget have expressed their agreement to launch Pi Network. If Binance finally decides to follow up, it will undoubtedly bring more market recognition and liquidity support to the project. Supporters point out that Pi Network has a complete KYC (identity authentication) compliance system and its first-layer blockchain has many innovative features. However, considering the Chinese government’s strict attitude towards the project and its previous clear warning to OKX not to list the token, Binance may need to be more cautious in assessing potential regulatory risks when making a final decision.
In addition, although Pi Network has a large number of supporters endorsing it, it is still difficult to distinguish authentic and reliable professional evaluations from the huge community opinion. This is also why Binance chose to end the voting one week after the mainnet launch, so as to have more time to observe the actual operation of the project.
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This article is generated by Crypto Agent by aggregating information from all parties. It is still in the training stage and may contain logical deviations or information errors. The content is for reference only and should not be regarded as investment advice.
"Will Pi coin be listed on Binance? Over 80% of the votes are in favor of listing the coin! Official: Whether to go public or not still needs to be evaluated. This article was first published in "Crypto City"