- Binance has not listed Pi Network due to its closed-source code, lack of a security audit, and possible absence of a formal listing request.
- Despite ecosystem growth, concerns over centralization and weak liquidity continue to block its entry onto major exchanges.
Pi Network Faces Binance Roadblocks
Pi Network (PI) is available for trading on exchanges like Gate.io and Bitget, but Binance, the world’s largest cryptocurrency exchange, continues to exclude it. This ongoing absence has frustrated PI supporters, especially after a community vote five months ago showed strong interest in listing the token.
A recent analysis by X user Kim H Wong outlines three key reasons why Binance hasn’t listed Pi Network:
- The project’s blockchain code is not fully open-sourced, raising transparency concerns.
- No third-party security audit has been completed, making it difficult for exchanges to assess its safety.
- Pi Network may not have officially applied for listing on Binance.
Ecosystem Growth Isn’t Enough
Wong acknowledged the project’s recent achievements, including a $100 million venture fund and the Pi App Studio, which encourages app development using artificial intelligence. He believes these milestones show Pi Network’s long-term potential and predicts that support from Binance or Coinbase could trigger a significant PI price surge.
Despite these advances, technical and regulatory shortcomings continue to hold the project back from major exchange listings.
Will Binance Ever List PI?
Not everyone agrees with Wong’s optimism. Another X user, @pinetworkmembers, argues that Binance and Coinbase won’t support Pi Network unless they can run their own nodes. According to this user, control over the chain remains too centralized, making listings on major platforms unlikely in the near term.
They also pointed to ongoing PI price struggles, citing:
- Low liquidity
- High volume of unlocked tokens
- Weak demand and low buy pressure
They believe PI won’t see substantial price gains in this bull cycle, stating: “I would love to see PI at $10, but that’s not happening this bull market.”
Conclusion: What Pi Network Must Do Next
If Pi Network wants to secure a Binance listing, it must address key concerns—open its code, complete a security audit, and submit a formal listing request. Until then, despite its loyal community and promising ecosystem, Pi may continue to remain off major exchange platforms.
ALSO READ:Pi Network Attracts Major Investment from 137 Ventures
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