As of April 3, 2025, Binance has launched its second “Vote to List” initiative, once again omitting Pi Network’s PI token from the selection. This continued exclusion has intensified discussions within the cryptocurrency community regarding Binance’s listing criteria and Pi Network’s strategic direction.
Binance’s “Vote to List” Initiative: An Overview
Binance’s “Vote to List” program empowers its user community to influence which tokens are added to the exchange. In this second iteration, 12 tokens—including VIRTUAL, BIGTIME, and ONDO—have been shortlisted for potential listing. The selection process considers factors such as trading demand, risk assessment, and compliance checks. Notably, projects must operate on the BNB Smart Chain to qualify, a criterion that Pi Network does not meet due to its independent blockchain infrastructure.
Pi Network’s Exclusion and Community Response
The absence of Pi Network from Binance’s listing campaigns has elicited strong reactions from its community. Supporters express frustration over the perceived lack of transparency from the PiCoreTeam, particularly concerning token locking and burning mechanisms. Analysts suggest that this opacity may be a significant barrier to securing listings on major exchanges like Binance.
Market Impact on PI Token
The exclusion from Binance’s listing has had a tangible impact on PI’s market performance. The token’s price has declined below $0.70, marking a significant drop from its previous highs. This downturn reflects investor apprehension and underscores the influence that major exchange listings have on cryptocurrency valuations.
PI Token Price Table – Last 7 Days
| Date | PI Price (USD) | Daily Change (USD) |
|---|---|---|
| 2025-03-28 | 0.81 | 0.00 |
| 2025-03-29 | 0.77 | -0.04 |
| 2025-03-30 | 0.74 | -0.03 |
| 2025-03-31 | 0.71 | -0.03 |
| 2025-04-01 | 0.69 | -0.02 |
| 2025-04-02 | 0.67 | -0.02 |
| 2025-04-03 | 0.64 | -0.03 |
As the data suggests, PI has been in steady decline over the past week, further underscoring the importance of high-profile exchange listings in influencing price movements and market confidence.
What’s Next for Pi Network
Despite the ongoing challenges, some analysts still see potential in PI. Forecasts for April suggest a possible rebound to $1.10–$1.19 if Pi Network can address transparency concerns and secure at least one major exchange listing.
Others, however, warn that unless the PiCoreTeam takes action soon, the project risks losing relevance. The community is now demanding not just promises but tangible developments and strategic communication that can boost credibility and investor trust.
Despite recent setbacks, some analysts remain cautiously optimistic about PI’s future. Technical indicators suggest potential price movements contingent upon increased transparency from the PiCoreTeam and successful listings on major exchanges. However, these forecasts are speculative and depend on various factors, including broader market trends and regulatory developments.
Conclusion
Binance’s latest “Vote to List” initiative once again shines a spotlight on Pi Network—not for inclusion, but for its absence. As other tokens gain exposure through Binance’s growing community campaigns, Pi remains on the sidelines, weighed down by transparency issues and a cautious exchange landscape. If the project hopes to achieve mainstream traction, its core team must pivot toward openness, exchange readiness, and investor engagement. Until then, the question remains: is Pi Network ready for the big leagues, or is it still in test mode?
FAQs
1. Why is Pi Network excluded from Binance’s “Vote to List” initiative?
Pi Network operates on its own blockchain, whereas Binance’s “Vote to List” initiative requires projects to be hosted on the BNB Smart Chain. This structural difference disqualifies Pi Network from participation.
2. How has the exclusion affected PI’s market performance?
The exclusion has led to a decline in PI’s price, falling below $0.70 and experiencing a significant decrease over recent weeks. This reflects investor concerns about the token’s accessibility and future prospects.
3. What are the main criticisms of the PiCoreTeam?
The PiCoreTeam faces criticism for a perceived lack of transparency, particularly regarding token locking and burning mechanisms. This opacity is believed to hinder PI’s adoption and its ability to secure listings on major exchanges.
4. Are there optimistic projections for PI’s future price?
Some analysts project potential price recoveries for PI, contingent upon increased transparency from the PiCoreTeam and successful listings on major exchanges. However, these forecasts are speculative and depend on various market factors.
Glossary of Key Terms
Binance: A global cryptocurrency exchange platform offering a wide range of digital assets for trading.
Pi Network (PI): A cryptocurrency project that enables users to mine PI tokens using mobile devices, aiming to create an inclusive digital currency ecosystem.
BNB Smart Chain: Binance’s blockchain platform that supports smart contracts and decentralized applications.
Token Locking: The process of restricting the transfer of certain tokens for a specified period, often used to prevent market oversupply.
Token Burning: The permanent removal of a certain number of tokens from circulation, typically to reduce supply and potentially increase value.
Market Capitalization: The total market value of a cryptocurrency’s circulating supply, calculated by multiplying the current price per token by the total number of tokens in circulation.
Sources
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
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