Why isn’t Pi Network Listed on a Major Exchange Yet? Here’s Why!

Jakarta, Pintu News—Pi Network, which was enthusiastically launched and attracted millions of users to mine tokens, is still not listed on major crypto exchanges such as Binance and Bybit.

Despite its large user base, Pi Network faces serious obstacles to listing on major exchanges, which could potentially increase its value and credibility.

Check out the full news below!

Opaque Transparency

Dr. Altcoin, a crypto analyst, points out that the vagueness of information from the Pi Core Team is the main barrier preventing Pi Network from being listed on major exchanges. According to him, the team has not clarified the mechanism of locking and burning the billions of Pi tokens they control.

Without a clear framework, exchanges may consider Pi a risk. Pi’s circulating supply recently decreased to 6.77 billion after 10 million coins were delisted. According to Dr. Altcoin, this move was an attempt to control the price before the token’s unlock.

This kind of activity without enough transparency can raise concerns about price manipulation, which is probably why Binance and other exchanges are still hesitant.

Read also: Pi Network (PI) Price Falls Below $1, Can PiDaoSwap Save This Crypto’s Value?

Refusing to Pay Listing Fees?

Not everyone agrees with Dr. Altcoin’s view. Some Pi Network supporters argued that the delay was not caused by transparency issues but by the Pi development team’s refusal to pay listing fees.

Many projects spend millions of dollars to get a spot on major exchanges, but Pi developers are reportedly waiting for a free listing, which takes much longer.

Also read: Crypto Analyst Predicts XRP Price Could Reach $77.7, Here’s the Full Analysis!

Current Market Sentiment

Currently, Pi Network is trading at $1, down 66% from its all-time high of $2.98 in February. The price has fallen 34% in the past week and dropped to 25th place on CoinGecko.

Concerns were further heightened after Bybit’s CEO called Pi a scam. While a listing on Binance could push prices higher, unless the Pi Core Team improves transparency or rethinks its listing strategy, support from major exchanges may still be a long way off.

Conclusion

To restore stability, Pi Network announced a partnership with PiDaoSwap, a project driven by the community that encouraged transparency. This move briefly increased the price of PI by 7%, giving some hope.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coinpedia. Pi Network News: Why Pi is Struggling to Get Listed on Major Exchanges. Accessed on March 24, 2025
• Featured Image: Mudrex