Binance Initiates Pi Network Voting: 2 Million Votes Cast in Key Listing Poll

Key Takeaways:

• Binance initiated a community vote on February 17, 2025, with 86% of 2 million voters supporting Pi Coin’s listing on the exchange.
• Only verified Binance users with at least $5 in assets are eligible to vote, though the outcome does not directly determine listing approval.
• Pi Coin’s IOU price trends suggest a $50–$75 valuation, but market history indicates potential price fluctuations post-launch.

Binance Community Vote for Pi Coin Listing Sees Strong Support

Binance, one of the world’s largest cryptocurrency exchanges, has launched a community-driven vote to determine whether Pi Network’s native token, Pi Coin, should be listed on its platform. This initiative follows a surge in discussions and increasing interest in Pi Coin’s market potential.

The voting process commenced on February 17, 2025, at 14:45 (UTC) and will remain open until February 27, 2025, at 23:59 (UTC). During this period, Binance users can vote either “Yes” or “No” to express their stance on the potential listing.

Voting Eligibility and Participation Rules

Participation in the vote is not open to all Binance users. To cast a vote, users must meet specific requirements:

• Verified Binance Account: Only accounts that have passed identity verification (KYC) can participate.
• Minimum Account Balance: Users must maintain at least $5 USD equivalent assets in their Binance wallets throughout the voting period. If a participant’s balance falls below this threshold, their vote will be considered invalid.
• Official Voting Channel: Votes must be cast under the official Binance Square post to be counted. Any engagement outside this platform will not be considered.

Binance has also made it clear that the results of this vote do not guarantee Pi Coin’s listing. While community feedback is valuable, Binance will still conduct a comprehensive review of Pi Network based on its official listing criteria and due diligence processes.

Overwhelming Community Support for Pi Coin

As of the time of writing, 86% of 2 million voters have expressed support for Pi Coin’s listing, while only 14% have voted against it. With over 10 days left before the voting deadline, engagement levels continue to rise, with the official Binance post garnering 7,000 comments and 4,700 shares.

The immense backing from the Pi Network community underscores the growing demand for Pi Coin’s mainstream adoption. However, Binance has reiterated that the final decision remains independent of the poll and will be determined based on internal evaluations.

Market Expectations: Pi Coin’s Potential Price Range

With Pi Network’s Open Mainnet launch drawing closer, speculation about Pi Coin’s market performance is at an all-time high. Historically, newly launched tokens have exhibited extreme volatility, with some experiencing significant price declines post-listing.

• Past Market Trends: Similar hype surrounded previous crypto projects such as PENGU and BLAST, but both struggled to sustain their initial valuations after going live.
• Potential Outlier: Hyperliquid proved to be an exception, maintaining strong price levels post-launch. Pi Coin supporters are hopeful for a similar trajectory.

Pi Coin IOU Price Movements Indicate Market Sentiment

Despite the uncertainty surrounding its official market debut, Pi Coin’s IOU price movements provide insights into investor expectations. Recent price trends suggest:

• Price spikes between $60–$75, indicating strong demand at higher levels.
• Consistent accumulation in the $50–$60 range, potentially establishing a price floor.

However, sustaining this valuation post-launch remains uncertain, as factors such as liquidity, exchange availability, and broader market conditions will ultimately shape Pi Coin’s price action.

What’s Next for Pi Network?

While the Binance community vote is a significant milestone for Pi Network’s adoption, the token’s official listing remains subject to the exchange’s stringent evaluation process. The overwhelming community support demonstrates strong market interest, but traders should remain cautious as the final decision rests solely with Binance.

As the February 27 deadline approaches, Pi Coin enthusiasts will be watching closely for further updates. Whether or not Binance ultimately approves Pi Coin’s listing, the project continues to attract significant attention, setting the stage for its anticipated Open Mainnet launch.

Disclaimer: Ognimohub is committed to providing accurate and unbiased reporting. This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and readers are encouraged to conduct their own research and consult with a financial professional before making any investment decisions.