Will Binance, Kraken, Coinbase, and Upbit List Pi Network Coin?

The Pi Network, a crypto project that has garnered considerable attention, is set to launch its mainnet on February 20, marking a pivotal moment in its six-year development. After operating in an enclosed mainnet since 2021, this launch will allow Pi Network’s millions of users—at its peak, over 50 million—to finally sell their Pi coins. Additionally, over 100 developers have been building applications for the network, spanning areas like decentralized finance and gaming, which will be showcased after the mainnet is live.

A critical part of the launch is the coin’s availability on major exchanges. While exchanges such as OKX, HTX, Bybit, MEXC, and Bitget have confirmed they will list Pi immediately after the mainnet goes live, Binance has opted for a unique approach by hosting a poll to gauge whether it should list Pi. This poll is running until February 27, with a significant majority of voters (over 88%) in favor of the listing. Despite the overwhelming support, some skeptics remain, citing concerns that Pi could be a scam or a pyramid scheme, though no concrete evidence has been provided to substantiate these claims.

Other exchanges, including Coinbase, Kraken, and Upbit, have not confirmed plans to list Pi Network’s coin. These platforms are known for their cautious approach toward newly minted tokens, often waiting to see how a coin performs before committing to a listing. A listing on any of these prominent exchanges would certainly boost Pi’s visibility and market reach, especially considering Upbit’s dominance in South Korea and Coinbase and Kraken’s significant user bases in the United States.

Regarding the price implications, past patterns show that exchange listings often result in price spikes for new tokens. If Pi Network’s coin were to be listed on Binance or any of the other large exchanges, a price surge could follow. However, in Binance’s case, the price movement might be less dramatic due to the anticipation already built into the market by the ongoing poll. Additionally, since the listing would happen seven days after the mainnet launch, the initial hype could have died down, potentially resulting in a more subdued price reaction.

The outcome of Binance’s poll and the decisions of other exchanges could significantly impact Pi Network’s future in the crypto space, shaping the coin’s adoption and its market behavior in the coming months.