The number of users supporting the listing of Pi Network overwhelmingly surpasses the opposing option. However, there is still a long way to go before the cryptocurrency appears on Binance.
The vote on Pi on Binance has results. Photo: Carryssaa.
A community survey conducted by the world’s largest crypto exchange revealed that 86% of participants support Pi. This marks a significant step toward its integration into the platform. However, the nearly 300,000 votes are non-binding, and the final decision still rests with the exchange’s team. Nonetheless, this optimistic signal has contributed to Pi’s recent price growth against market trends.
The number of participants in the poll accounts for only 0.12% of Binance’s total user base. Additionally, the exchange noted that not all votes are valid. The team will review and filter votes based on terms and regional eligibility. Furthermore, they will consider multiple other factors before deciding whether to list Pi coin.
“We assess and take voting results into consideration, but they are purely for reference and do not determine or commit Binance to any action. The project’s launch is being evaluated and decided based on our standard process and official assessment,” the exchange stated.
Meanwhile, Pi has continued to attract interest since its unofficial trading debut. Despite its large user base, its price has risen even amid a “red” market downturn. It is one of the few cryptocurrencies that have moved against Bitcoin’s trend in recent days.
Results of the vote to list Pi on Binance. Photo: Binance.
However, the driving force behind Pi’s price increase remains unclear, especially given the negative sentiment surrounding the market. Its actual value and application model remain controversial. The project’s main strength lies in its tens of millions of users who check in daily, a following largely built through a multi-level marketing model.
Despite these concerns, exchanges that have listed Pi have benefited significantly. They have attracted a wave of new users—miners transferring their Pi to trading platforms. Additionally, with a daily trading volume of approximately $4 billion, these exchanges have generated substantial transaction fees.
Therefore, it is not out of the question that Binance may join the race to list Pi, despite the controversies surrounding the project. Allowing the community to vote serves as a way for the exchange to gauge public opinion and mitigate potential backlash.
Recently, the world’s largest crypto exchange has suffered a serious reputation decline. It has repeatedly listed low-market-cap “junk” memecoins too early, leading to price manipulation and crashes after launch. Even former CEO Changpeng Zhao has publicly criticized this approach.
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