Binance, the world’s largest cryptocurrency exchange, has announced a significant update to its coin listing process, aiming to make the process more fair, secure, and transparent for all projects. This move has reignited speculation within the crypto community, particularly among Pi Network supporters, about the possibility of Pi coin being listed on Binance.
The revised listing framework focuses on strict compliance, project viability, and user protection, which could pave the way for emerging cryptocurrencies like Pi to gain mainstream recognition. While Binance has not officially commented on Pi coin, the update has fueled hopes that the Pi Network might soon meet the exchange’s criteria and finally debut on one of the most prominent platforms in the crypto space.
Binance Simplified Its Listing Process
Binance recently shared an update on its coin listing process, emphasizing fairness, safety, and a focus on high-quality projects. The exchange also introduced three listing options—Binance Alpha, Futures, and Spot Trading—each with specific guidelines.
- Binance Alpha: Binance Alpha serves as a testing ground for emerging crypto projects to showcase their potential. It enables users to trade new tokens effortlessly, without requiring specialized wallets. Projects featured here are often front-runners for future major listings.
- Binance Futures: Futures listings prioritize market activity. Tokens need to demonstrate strong trading volume, stable pricing, and adherence to clear guidelines on token release and team conduct.
- Binance Spot: Spot listings offer the simplest way to trade and typically feature tokens that have already performed well in Futures or Alpha. Binance evaluates factors like price stability, trading volume, and community backing before approving a listing.
PI Coin Binance Listing: What’s Next for Pi Coin Price?
The buzz about Pi Network (PI) potentially being listed on Binance is more than just speculation. On February 17, Binance hosted a community vote to decide which coin should be listed next, and an impressive 85% of users voted in favor of Pi Coin. While it hasn’t officially made it to Binance yet, this strong support has many believing it’s only a matter of time.
While the crypto market is on the rise with BTC reaching a 2-month high of $95k, Pi Coin has remained relatively stable in recent days. As per CoinMarketCap, Pi Coin is currently trading at approximately $0.6516, reflecting a slight decline over the past 24 hours.
According to our Pi Network (PI) price prediction, the Pi coin is approaching a key resistance level around $0.85. If buyers take control, the price could climb further, targeting the next resistance at $1. However, increased selling pressure could drive the price down to test a lower support zone near $0.55 in the days ahead.
Also Read: BlackRock Acquires $1.16 Billion in Bitcoin in Just 3 Days: Is a New All-Time High Coming?
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
