In recent days, there has been active discussion surrounding Pi Network regarding the potential listing of its token on major cryptocurrency exchanges like Binance. Experts highlight reasons delaying this process and suggest a timeline for its realization.
Reasons for the Delay in Pi Network Listing on Binance
Analyst Dr Altcoin recently highlighted the primary reasons holding back Pi Coin's listing on leading exchanges in a post on platform X. The main issue is the mandatory Know Your Business (KYB) requirement, which, according to the expert, causes hesitation among major platforms like Binance and Coinbase.
Dr Altcoin also pointed out that the lack of transparency regarding Pi Network’s tokenomics and post-Open Network roadmap hinders the initiation of the KYB application process.
Forecast of Listing Timelines for Pi on Major Exchanges
Despite these challenges, Dr Altcoin predicts that a listing on Binance and other prominent exchanges is inevitable. Highlighting Pi Network's impressive daily trading volume of around $100 million on platforms like OKX and MEXC, the expert believes interest from major exchanges in the token will grow.
Dr Altcoin projects that the token is likely to be listed on major exchanges like Binance around 2026 or 2027. This depends on the Pi Core Team achieving key milestones, including mass migration and the development of the Pi AI App Studio.
Key Price Levels for Pi Network
The current price of Pi Network shows an increase of 1.5%, reaching $0.4488, with a trading volume for the day soaring by 195% to $86.88 million. The price has fluctuated between $0.4413 and $0.4709 in the last 24 hours.
Analyst Crypto Jex noted in his analysis that Pi Network is forming a symmetrical triangle, with support at the $0.45 level playing a crucial role. A healthy breakout requires strong volume and a daily close above the $0.65-$0.70 range. Surpassing this level might attract more buyers into the Fair Value Gap (FVG) area between $1.05 and $1.25.
Thus, Pi Network stands at a crossroads where a potential listing on major exchanges and positive analytical forecasts may influence its market dynamics. The coming months will be crucial for the token's future.
