Pi Network has once again been excluded from Binance’s latest “Vote to List” initiative, marking its second consecutive absence from the popular community-driven listing event. While 12 new tokens were shortlisted, Pi Network was not among them, raising questions within the crypto community about its transparency and compliance.
Binance Vote to List: Who Got Selected?
In April 2025, Binance launched another round of its listing vote initiative, selecting 12 tokens including:
- VIRTUAL
- BIGTIME
- UXLINK
- MORPHO
- GRASS
- ATH
- WAL
- SAFE
- ZETA
- IP
- ONDO
- PLUME
These projects will undergo a final review based on:
- Community voting
- Trading volume and demand
- Risk assessment and regulatory compliance
Why Was Pi Network Left Out Again?
Pi Network’s exclusion stems from Binance’s recent decision to only consider BNB-based projects for the Vote to List initiative. This effectively disqualified Pi for the second time, following its omission in March 2025.
Moreover, industry experts have flagged Pi Network’s lack of transparency as a major concern. The PiCoreTeam (PCT) has not clearly outlined its tokenomics, specifically around token locking and burning mechanisms. This opacity has caused skepticism among exchanges and users alike.
Bybit CEO Ben Zhou even went as far as to label Pi Network a scam, further dampening investor sentiment.
PI Price and Technical Analysis
At the time of writing, PI is priced at approximately $0.64, registering a 6.5% decline in 24 hours and down 25% over the past week. Its market cap has slipped to $4.4 billion.
Technical indicators point to potential recovery:
- Two-hour chart: A falling wedge pattern suggests bearish momentum is slowing.
- Breakout Level: A move above $0.68 could initiate a bullish reversal.
- RSI (4H): Currently at 29.40, indicating near-oversold conditions.
- Bollinger Bands: The token trades near the lower band, signaling potential for a bounce.
However, traders are advised to wait for volume confirmation and a close above resistance before entering long positions.
Community Sentiment and Listing Hopes
Despite back-to-back exclusions, Pi Network supporters remain optimistic about a direct listing on Binance. The token still holds rank as the 26th largest digital asset, and community engagement remains strong.
Yet, without enhanced disclosures and clearer tokenomics, Pi Network may continue facing resistance from top-tier exchanges.
Conclusion
Binance’s repeated rejection of Pi Network underlines the importance of transparency and regulatory readiness in today’s crypto market. Until Pi addresses its tokenomics concerns and aligns with Binance’s listing framework, its chances of being listed remain slim. For now, traders and investors must stay informed and cautious amid volatility and growing scrutiny.
FAQs
Why did Binance skip Pi Network again?
Pi Network was not considered due to Binance’s rule of only accepting BNB-based projects and ongoing concerns around token transparency.
What is the current price of PI in April 2025?
As of now, PI is trading around $0.64 with recent losses of over 6% in 24 hours.
Is Pi Network considered a scam by industry leaders?
Bybit CEO Ben Zhou has criticized Pi Network, calling it a scam due to lack of clear disclosures, although no formal investigation has been announced.
Could PI still be listed on Binance?
Yes, a direct listing is still possible in the future if the PiCoreTeam improves transparency and complies with Binance’s standards.
What is the market outlook for PI?
Technical charts suggest a potential reversal if PI breaks above resistance, but caution is advised due to ongoing sell-offs and weak sentiment.
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Aanchal is a passionate writer with a keen interest in storytelling, content creation, and creative expression. She enjoys exploring diverse topics and crafting engaging narratives that captivate readers.