Pi Network, the popular mobile mining project, has gained significant support in a Binance community vote following substantial developments such as the launch of its Open Network and listings on major exchanges.
Pi Network's Big Month
February has been a pivotal month for Pi Network, a project allowing mobile cryptocurrency mining, as it greatly expanded its user base. On February 20th, Pi Network launched its Open Network, enabling external connectivity. The PI token was listed on exchanges like OKX and MEXC. The project also faced criticism from Bybit's CEO Ben Zhou, which Pi Network countered to defend its standing.
The Binance Community Vote
Just before the Open Network launch, Binance initiated a community vote regarding the PI token listing. The vote ran from February 17th to February 27th and engaged numerous participants. While some accused Pi Network of being a scam, the majority, over 200,000 voters, supported the PI listing on Binance.
Will Binance List Pi Network?
While the community vote is a positive step for Pi Network, it doesn't automatically guarantee Binance listing. The exchange considers multiple factors such as trading volume, project reputation, technical aspects, and community support. High trading volumes on other platforms may influence the decision.
It is still uncertain whether Binance will decide to list Pi Network, but the project's community remains hopeful. The Open Network launch and support on other exchanges demonstrate positive momentum. An official decision from Binance is awaited.
