March 12, 2025
PI Surges
Since the mainnet launched on February 20th, PI’s price has surged nearly 100%, peaking at $2.99. PI was also ranked 3,157th on CoinMarketCap a week ago but has since climbed to 11th, surpassing projects like HBAR, LINK, and XLM. Its market cap is now $13.6 billion, with 91% of users remaining bullish.
Source: ExplorePi
Despite criticisms and fraud allegations, Pi Network has gained significant attention and user support, and while the release of 188 million tokens is not expected to impact PI’s price, demand for the asset continues to rise.
No Binance Listing
Pi Network’s community is frustrated with Binance for not listing PI. Despite strong support from Binance users, the exchange has not acted on the request, citing factors like trading volume and market liquidity.
Recently, Binance introduced a community co-governance model, allowing users to vote on token listings and delistings to improve transparency and quality control. Pre-selected projects will go through due diligence after voting.
