The Binance cryptocurrency exchange is known for its unique thresholds and markers before listing a cryptocurrency. The exchange is known to perform thorough research before it lists a potential cryptocurrency. This research primarily includes a set of rules or conditions that Binance needs to confirm before it lists a token for trading. The assessment is made after studying the project fundamentals and tokenomics, enabling the project token to access the wider momentum. Pi Coin is one of the most promising cryptocurrency coins of the ecosystem, which is yet to be listed on Binance. This brings us to the question about elements that have been stalling Pi Coin’s Binance listing despite the token being one of the best out of the lot.
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3 Elements Hindering Pi Coin’s Binance Listing
1. Governed By A Handful Of People
One of the major reasons thwarting the Pi Coin’s Binance listing is its governance infrastructure. A handful of people largely govern Pi Coin. This team actively makes decisive, fundamental choices for the token. Although often portrayed as a community-led token, the reality has been starkly different for the token. Pi Coin’s centralized control is probably one of the reasons that Binance has not listed the token on its exchange.
Pi Network continues to be primarily controlled by the Core Team, despite its claims of being community-driven, which has contributed to the prolonged delay in securing a listing on Binance.$PI Price: $.40 pic.twitter.com/BA5q2oeXrp
— clark.ron | $CAG @ 🇵🇭 (@clarkron_2008) August 11, 2025
2. Mainnet Migration Not Completed
Pi Coin often touts itself as a coin that embraces open network abilities. However, the majority of the Pi Coin transactions occur on testnet, which again is a major flaw that hinders Binance from accepting the token wholeheartedly. Without a functional mainnet, Binance is possibly being cautious; hence, Pi Coin needs to fix its mainnet issues, eliminating barriers to its Binance listing.
Consensus 2025: Towards the Quantum Era.
— Dimas Nawawi (@2000Rocker) April 27, 2025
✅ Has Pi Network compliant with Fed and SEC regulations? One of the Main Requirements for Pi Network to switch to an Open Network is to complete all aspects of Law and Compliance,which means that Pi Network has been regulated by the… pic.twitter.com/tlCdIVjWjn
3. Lacks Vision, Use Cases
Pi Coin is popular, no doubt. But the token has limited use cases and offerings, which might be compelling Binance to think twice. Besides its mobile mining app, the time lacks a holistic real-world usage, one that may help PI Coin embed its vision into the tangible financial world.
$Pi will be facing one issue after another if its own Core Team can deliver an "Open Mainnet" which is actually CLOSED months after launch.
— pinetworkmembers (@pinetworkmember) May 1, 2025
No signs of decentralization, devs non present, more Pi yet to be unlocked, circulating supply will increase, demand slowed down.
Not… pic.twitter.com/DHVHPPLfm3
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