Pi Network officially announced its Open Network launch date and sparked debate within the crypto community over a potential Binance listing.
Big News for Pi Network
Pi Network, which has gained popularity with its mobile-friendly crypto mining approach, announced February 20th, 2025, as the official launch date for its Open Network. This marks a crucial step for the project, coinciding with PI token's first listings on major cryptocurrency exchanges. Several exchanges have confirmed that they will list the PI token. OKX, Bitget, and MEXC announced they will begin PI trading at 8:00 AM UTC on February 20th. However, not all exchanges are on board; Bybit's CEO Ben Zhou publicly expressed concerns about the project after declining an invitation to join as a team member.
Should Binance List PI? - The Vote
On February 17th, 2025, Binance Square began hosting a community vote to decide whether or not the exchange community would support a listing for the PI token. This vote runs from February 17th to February 27th, allowing both Binance users and Pi Network supporters to share their opinions. A listing on Binance would be major news for Pi Network, given Binance's status as the world's largest crypto exchange, known for its strict listing requirements and high liquidity.
What People Are Saying
The voting has sparked lively discussions in the crypto community. Pi Network supporters, known as Pioneers, have shown strong support for the listing, leaving positive comments and encouraging others to vote in favor. However, some Binance community members have expressed doubts, labeling the project as questionable, with one user directly stating, "Definitely no to ponzi scam," highlighting the divide between supporters and skeptics.
Even if the community votes in favor of listing PI, Binance might still decide against listing the token, considering factors such as security, project stability, and trading volume potential. Nonetheless, Binance's involvement via a community vote can be seen as positive news for the project. The upcoming Open Network launch and Binance vote results are pivotal moments for Pi Network's future trajectory.
