Pi Network’s PI Coin is making headlines again, securing 11th place on CoinMarketCap with a massive $12 billion market cap. But despite its growing presence, it’s still not listed on major exchanges like Binance, leaving investors wondering what’s next.
What’s Fueling Pi’s Rise?
One of the biggest reasons for Pi’s growth is its circulating supply jump—since launching its mainnet on February 20, the number of available tokens has increased from 6.3 billion to 6.9 billion. That’s a 9.5% spike, showing that more people are actively trading and using Pi.
Another major factor? Accessibility. Unlike Bitcoin, which requires expensive mining equipment, Pi lets people mine straight from their smartphones—something that’s helped it surpass 113 million downloads on the Google Play Store. It’s clear that people love the idea of earning crypto without the technical hassle.
Regulatory Hurdles & The Binance Dilemma
But Pi’s rapid growth hasn’t come without its fair share of hurdles. Regulators in Vietnam and China have raised concerns over the project’s structure, warning investors to proceed with caution.
Meanwhile, the Binance listing drama continues. A community vote saw 86% of users push for Pi to be listed, yet Binance has remained quiet. Their latest response?
“The project is still under review, and we’ll decide based on our official process.”
Not exactly the confirmation investors were hoping for.
So, What’s Next for Pi?
With Pi climbing the ranks, some believe it’s only a matter of time before it gets listed on major exchanges. Others worry that without exchange listings, its market value isn’t truly tested. Either way, one thing is certain—the hype around Pi isn’t fading anytime soon
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