Pi Coin (PI) has witnessed a swift 11% surge, climbing from $0.60 to $0.65 as rumors of a Binance listing gain momentum. This price movement was accompanied by a 133% spike in daily trading volume, exceeding $100 million. The speculation around Binance listing Pi Coin was fueled by recent reports suggesting the exchange is conducting tests for Pi transactions.
On May 7, CRYPTOAD00, a prominent researcher on the X platform, highlighted potential connections between Binance’s Stellar deposit wallet and a Pi Network wallet active on the Pi mainnet. Additionally, another transaction involving 1 Pi Coin was reportedly conducted for KYC and KYB verification purposes. These developments have intensified speculation that Binance could soon officially list Pi Coin.
Is $PI finally coming to Binance?
— MOON JEFF 🪐 (@CRYPTOAD00) May 7, 2025
The Binance stellar deposit wallet which is the same as their $PI wallet has started testing transactions on the $PI chain.
The wallet (GABFQIK63R2NETJM7T673EAMZN4RJLLGP3OFUEJU5SZVTGWUKULZJNL6) is testing the transactions. #PiNetwork pic.twitter.com/2lUqPy5Ivi
Pi Core Team Hints at Major Ecosystem Announcement
Adding to the excitement, Pi Network’s core team has scheduled a major ecosystem announcement for May 14, 2025. This announcement is strategically aligned with the Consensus Summit 2025 in Toronto, where Dr. Nicolas Kokkalis, Pi Network’s co-founder, is set to deliver a keynote address. The Pi community is buzzing with anticipation, interpreting the timing as a potentially bullish signal for Pi Coin.
Despite the recent surge, Pi Coin is still trading at a substantial 80% discount from its all-time high of $3 in February 2025. For Pi to rally toward the $1 mark, it must break past the current resistance level of $0.65. If Binance confirms the listing, it could serve as a significant catalyst for further gains.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Is Binance Secretly Prepping Pi Network (PI) Listing? Stellar Wallet Activity Raises Eyebrows
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