Why Pi Network Still Isn’t on Binance — Pi Coin Community Is Calling Out the Core Team!

Jakarta, Pintu News – Pi Network’s listing on Binance has been long awaited, but Pi’s core team doesn’t seem to have put much effort into making it happen.

Citing the Coinpedia report, if listed on Binance, Pi Coin could potentially get a significant liquidity boost. Currently, its value has dropped dramatically, by about 85% from its previous price peak of $2.85.

A member of the Pi community explained the three main reasons behind the delay in the listing process.

Why isn’t Pi Coin listed on Binance yet?

Here are the reasons why Pi Network is not yet listed on Binance:

Decentralized Pi Network Question

A Pi community member named Mr. Spock highlighted that network governance is still entirely in the hands of the Pi core team. Although Pi claims to be a community-based project, the reality is that control remains centered on the core team.

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Important decisions such as protocol updates, migrations, and guidelines for developers are still determined by them.

As a result, Pi Network is considered not to have truly achieved decentralization, despite the core team stating otherwise. This attitude has left the community to face various challenges on its own.

Some US-based crypto exchanges such as Swapfone have listed Pi tokens, but the lack of decentralization makes it difficult to penetrate major exchanges such as Binance and Coinbase.

Failed to Reach Full Mainnet Stage

According to Mr. Spock, most Pi Network activity is still taking place on the Testnet, not on the Open Mainnet. Although officially said to have entered the Open Network phase, the Pi blockchain is still in a transitional stage.

To make matters worse, only a small percentage of Pioneers are running active nodes on the Mainnet. As a result, decentralization is still just a concept. Recently, the Pi core team urged users to quickly complete the KYC process and start migrating to the mainnet.

Lack of Usability in the Real World

Despite claiming to have migrated to the mainnet, Pi’s core team has failed to provide real utility for Pi tokens. Important elements of the Pi ecosystem-such as referral rewards, validator revenue, tokens from ecosystem contributions, and early participation bonuses-have not been realized in users’ wallets despite being displayed.

Transparency measures such as Know-Your-Business (KYB) verification for token distribution are already in place, but not enough to drive widespread adoption.

Pi Community Members Demand Key Answers

Despite strong community support, the Pi core team’s silence on crucial issues left members frustrated. The Pi Core Team (PCT) did invite Pioneers to help counter misinformation about the project.

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However, the community felt that most of the confusion stemmed from a lack of clear and consistent communication on the part of the core team.

Over the years, the Pi community has sought to defend the project, explain its mission, and manage public expectations. Critics argue that prolonged silence from the leadership has fueled speculation, fake news, and increased frustration among supporters.

In a post on platform X, Mr. Spock stated:

“The Pi Core Team must accept their current role as leaders, not just visionaries. They can’t act like Satoshi Nakamoto who left Bitcoin only after the project was fully decentralized.”

After hitting a low of $0.33 earlier this week, the price of Pi Coin managed to rebound and rose 7% to $0.39. Daily trading volume also jumped to $88 million, with analysts showing quite optimistic sentiments.

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Reference:

• Coingape. Why Pi Network Binance Listing Is Delayed? Pi Coin Community Slams the Core Team. Accessed on August 11, 2025