Pi Network, the mobile mining project, has earned substantial support from the Binance community. This month has been significant, marked by the launch of its Open Network and listings on major exchanges. The question remains: will this community vote lead to a Binance listing?
Pi Network's Big Month
In the past few weeks, Pi Network has made significant strides by allowing users to mine cryptocurrency using their phones. On February 20th, the project launched its Open Network, transitioning from a Closed Network stage. This move has allowed PI tokens to be listed on major crypto exchanges like OKX and MEXC. Despite this, Bybit CEO Ben Zhou made harsh comments about the project, to which Pi Network responded promptly in defense.
The Binance Community Vote
Just before its Open Network launch, Pi Network was at the forefront of Binance users' interest due to a community vote held in Binance Square. The question was simple: 'Should Pi Be Launched on Binance?' The vote ran from February 17th to February 27th, resulting in strong support, with over 200,000 people voting in favor of listing PI on Binance.
Will Binance List Pi Network?
Although Pi Network won the vote, this does not guarantee its listing on Binance. The exchange considers multiple factors before listing new tokens, including trading volume, project reputation, technical strength, and community support. Winning the vote strengthens Pi Network's case, especially with substantial trading on exchanges like OKX. However, the final decision lies with Binance.
The future of Pi Network's listing on Binance remains uncertain. Despite strong community backing, the final decision is up to Binance. Pi Network's team and users continue to wait for an official announcement, watching developments closely, with hopes for a successful continuation.
