{"id":80975,"date":"2025-07-15T16:21:59","date_gmt":"2025-07-15T16:21:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=80975"},"modified":"2025-07-15T16:21:59","modified_gmt":"2025-07-15T16:21:59","slug":"3-key-reasons-why-binance-says-no-to-pi-network-pi","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=80975","title":{"rendered":"3 Key Reasons Why Binance Says \u2018No\u2019 to Pi Network (PI)"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Pi Network\u2019s delayed listing on Binance has reignited debate, with some pointing to missing audits and other factors as reasons for the lack of support.
\nPI\u2019s price has been on a steep decline lately, causing members of the community to believe the bull run is over.<\/p>\n

<\/a><\/span><\/h2>\n

PI Doesn\u2019t Seem Ready<\/h2>\n

It has been almost five months since Binance held<\/a> a community vote to determine whether its users want to see Pi Network\u2019s native token available for trading on the platform. Despite the overwhelming support from voters and the hints<\/a> in the following months, the exchange remains reluctant to list it.<\/span><\/p>\n

The move has sparked frustration within the PI community, with some trying to understand why the company maintains its distance from the coin. Earlier today (July 15), the X user Kim H Wong <\/span>outlined<\/span><\/a> three important reasons behind the decision.<\/span><\/p>\n

The first is the project\u2019s blockchain code, which is supposedly \u201cnot fully open-sourced.\u201d <\/span>Not<\/span> completing a third-party security audit and the assumption that Pi Network might not have applied for such a listing <\/span>are the other two reasons<\/span>.<\/span>\u00a0<\/span><\/p>\n

Wong argued that the project could quickly resolve the first two obstacles, predicting that eventual support from Binance or Coinbase will likely trigger a significant price rally for PI. The analyst also noted Pi Network\u2019s ecosystem development and achievements over the past several months:<\/span><\/p>\n

\u201cWith Pi Network putting in place the $100 million venture fund and Pi App Studio helping App development using AI, there is no doubt that ecosystem prosperity and mass adoption will come. <\/span>Pi Network has accomplished a lot<\/span>, <\/span>its<\/span> infrastructure is ready<\/span>, <\/span>it\u2019s<\/span> time to accelerate for a bright future ahead.<\/span><\/p>\n

Fellow pioneers, don\u2019t just worry about <\/span>the<\/span> daily price <\/span>fluctuation<\/span>,<\/span> continue<\/span> contributing and be patient<\/span>, <\/span>big<\/span> reward will come!<\/span> We have great things on Pi to look forward to.\u201d<\/span><\/p>\n

Binance Will Never Say \u2018Yes?\u2019<\/span><\/h2>\n

Wong\u2019s post <\/span>was followed<\/span> by a heated debate about whether Binance and Coinbase will ever embrace PI. The X user <\/span>pinetworkmembers<\/span> thinks<\/span><\/a> this won\u2019t happen as long as they can\u2019t run their <\/span>own<\/span> nodes on the chain.\u00a0<\/span><\/p>\n

\u201cAnd the CT will not allow them in any near future. So, forget about PI on Binance or any big exchange,\u201d they added.<\/span><\/p>\n

The analyst is quite vocal on the topic, often touching upon the dynamics of PI\u2019s price. Just recently, they <\/span>claimed<\/span><\/a> the asset won\u2019t be able to mark any <\/span>major<\/span> gains during this bull cycle:<\/span><\/p>\n

\u201cI would be the first one who would like to see PI at $10, but that isn\u2019t happening this bull market.\u201d<\/span><\/p>\n

According to the X user, the factors preventing the valuation from spiking include\u00a0\u201cno presence of liquidity, increased amount of unlocks, low demand, low buy pressure, and a CT that keeps all the control in their hands instead of accepting the help from decentralized community devs.\u201d<\/span><\/p>\n

The post 3 Key Reasons Why Binance Says \u2018No\u2019 to Pi Network (PI)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Pi Network\u2019s delayed listing on Binance has reignited debate, with some pointing to missing audits and other factors as reasons for the lack of support. PI\u2019s price has been on a steep decline lately, causing members of the community to believe the bull run is over. PI Doesn\u2019t Seem Ready It has been almost […]<\/p>\n","protected":false},"author":0,"featured_media":80976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80975"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80975"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/80976"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}