The previous community vote didn’t go as planned, so Pioneers are now debating who’s to blame for the listing delay. The 60 million-member Pi Coin Network (PI) community called Pioneers has split into two groups over the Binance listing delay.
Ever since Pi Network’s mainnet launched, everyone was expecting a smooth listing, but things have gone awry, and both sides are raising transparency issues with each other.
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Pi Coin Network Makes DeFi CEXs Close Doors
Just a week after launch, the price of Pi Network (PI) reached $2.99, while it was listed on MEXC, OKX, Gate, Bitget, BitMart and some smaller crypto platforms. Pioneers expected a Binance listing soon, as the majority of people voted in favor of listing in the Binance Square vote.
However, major exchanges like Binance, Bybit and KuCoin have not yet dared to list this mobile mining coin. Now Pi Network’s own coin, Pi (PI), relies on decentralized finance and real-world use. That’s why Pi Network’s core team is now testing an automated market maker (AMM) and a powerful decentralized exchange (DEX).
Pi Coin Struggles $0.60 Demand Line
Some are blaming Pi Network’s Know Your Business process, which is used to onboard new business partners and is time-consuming. On the other hand, some are criticizing Binance for not providing a clear update on the Pi Coin listing since the voting.
Some Pioneers believe Binance did this simply to show credibility, as the Pi Network’s code has not yet been fully released. The core team is called secretive and hard to reach by their own community. Many users have cited lack of response to support tickets and issues transferring mined coins as reasons for their displeasure.
Whether the reason is a lack of transparency or business issues, it’s clear that it won’t be easy for Pi Network (PI) to return to the strong demand level of $0.60 unless new cases emerge. This level has remained untouched since mid-June and is considered a crucial step toward reaching the $1 target.
Now that the Pi Hackathon 2025 is in its final stages and new dApps are about to be released, Pi Coin needs to stay above $0.22 to break out toward $0.40. If the price falls below $0.20, it could signal a further dip to $0.18. The listing on Binance is still pending, but as the package of 100 decentralized apps (dApps) goes live on the mainnet, both accessibility and demand for Pi Coin could increase.
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People Also Ask – Pi Coin:
What caused the tension between Pi and Binance?
Pi Coin Network attempted to quietly list on smaller exchanges to test liquidity and investor reaction, but did so without transparency and major partnerships. Therefore, Binance decided to back down to protect its reputation, as many questions were still being raised about Pi’s ecosystem.
Why did Binance change its mind about listing Pi Coin after the vote?
It seems Binance realized that Pi Network was using their name solely to enhance its credibility, without clear communication or strong partnerships. Therefore, Binance took a strategic step back to avoid backlash.
How did Pi Network’s lack of transparency affect the community?
Repeated delays, secrecy surrounding listings, and poor communication eroded Pioneers’ trust. This damaged the project’s reputation more than any exchange decision could have.
What new updates have come to Pi Network and regulatory scrutiny?
On October 14, 2025, Pi Network launched Security Circles to enhance network security and trust. However, this move clashed with global regulations such as the U.S. CLARITY/GENIUS Acts and Europe’s MiCA framework, which demand greater transparency from crypto projects.
How can Pi Network regain the trust of its community?
Pi Network will need to maintain open and honest communication about its roadmap, decisions, and partnerships. Security Circles have eroded community engagement, but true trust will only be regained when complete transparency is demonstrated and serious investors have a clear vision.
