Pi Network, the popular mobile mining project, recently won a significant vote within the Binance community. This event is part of a series of major achievements for the project, including the launch of its open network and listings on major crypto exchanges.
Pi Network's Big Achievements
In recent weeks, Pi Network has made substantial progress. The launch of its open network on February 20 allowed for external connectivity, marking a key development step after the closed network stage. Meanwhile, the PI token has been listed on several large exchanges such as OKX and MEXC, making it more accessible to users. However, the project faces criticism. Ben Zhou, CEO of Bybit, made harsh remarks about Pi Network, to which the project team quickly responded in defense.
Binance Community Vote
Prior to Pi's open network launch, Binance initiated a vote through Binance Square, asking a simple question: 'Should Pi Be Launched on Binance?' The vote ran from February 17 to 27, sparking active debates. Despite allegations of being a scam, Pi Network's community strongly defended the project. The results revealed that over 200,000 people supported listing PI on Binance.
Expectations for Pi Network's Listing on Binance
Despite winning the vote, it does not guarantee PI's listing on Binance, as the vote is only one of several factors the exchange considers. Binance evaluates potential trading volume, project reputation, technical strength, and community support. The victory in the vote strengthens Pi Network's position: high community support might indicate significant trading volume. PI's trading volume on other exchanges like OKX could also bolster the case for Binance listing.
The exact timing or possibility of Pi Network's listing on Binance is still unknown. While the community vote indicates strong support, the final decision depends on the exchange. The Pioneers are hopeful for a positive outcome, observing the project's rapid growth and trading activity on other platforms.
