Binance: 86% Of Users Want Pi Network Listed

Binance, the largest cryptocurrency exchange, has concluded the Pi Network listing survey. The results indicate a high probability that Pi Coin (PI) will be launched on the platform.

The survey revealed that 86 per cent of users voted in favour of the mobile mined cryptocurrency, wanting it to be included on the exchange. This development represents a significant step towards the integration of Pi's native currency into Binance's vast network of assets.

Will Pi Network Be Listed On Binance?

Binance Square opened the poll on 17 February, allowing users to voice their opinion on the Pi Coin listing. The event ended on 27 February with over 294,957 votes. According to Binance, the platform has nearly 250 million users, but only 0.12% participated in the vote.

Binance pointed out that not all votes will be considered valid. Only those that meet the platform's criteria will be counted in the final result. The final decision on Pi's listing will depend on further factors and a thorough evaluation process. In the disclaimer section, Binance stated:

"While we appreciate and take into consideration the results of the vote, these are for informational purposes only and do not determine any decision or action that Binance may or may not take. The launch of the project is still under evaluation and the decision will be based on our official review processes and standards."

Pi Network, the project behind Pi Coin, has experienced remarkable growth, with over 60 million active users. The network has become one of the most anticipated projects of recent years.

If Pi were to be listed on Binance, it could further increase its adoption and market visibility. However, the impact is not just about notoriety: the listing could also improve the currency's stability and liquidity.

Market reach and stability are key elements for any crypto project aspiring to obtain validation from mainstream platforms. However, this development also highlights a tension within the crypto community: how do we balance the rigour demanded by investors with the enthusiasm for new opportunities?

The enthusiasm for Pi Network's listing contrasts with the coin's current performance. The project has fallen 21.5 per cent in value, with a price of $2.09 according to the latest data. The drop came after PI had reached its all-time high. Analyses suggest a possible correction due to the bullish pressure visible in the charts.

Current Price Of Pi: CoinGecko Source

Despite the recent drop, Pi maintains a strong position in the crypto market, up 213% in the past seven days. Unlike other crypto projects, which have experienced a 14% decline, Pi is showing a remarkable performance.

In general, Binance users expect the currency to be listed on the platform. While Binance seems to favour the integration of Pi, ByBit has instead rejected the collaboration, calling Pi a possible pyramid scheme.