Pi Network, the popular mobile mining project, has earned community support within Binance following the launch of its Open Network and PI token listings on major exchanges.
Pi Network's Big Month
The last few weeks have been pivotal for Pi Network, a project that allows users to mine cryptocurrency using mobile phones. On February 20th, the Open Network was launched, enabling external connectivity and moving away from the closed network phase. Additionally, the PI token was listed on major exchanges like OKX and MEXC.
The Binance Community Vote
Shortly before the Open Network launch, Binance initiated a community vote asking, 'Should Pi Be Launched on Binance?' This vote ran from February 17th to 27th, resulting in over 200,000 votes in favor of listing PI on Binance.
Prospects of Binance Listing
While winning the vote is a positive step, it does not ensure PI's listing on Binance. Binance considers various factors, including potential trading volume, project reputation, and community support. PI's strong performance on other exchanges might also influence Binance's decision positively.
The final decision on PI's listing remains pending. However, the community's strong support and the project's ongoing success provide optimism to Pi Network participants. Binance's announcement will be highly anticipated in the crypto industry.