- Binance survey results show 86% support for Pi Network listing.
- Over 294,000 votes were cast, but the final decision depends on further evaluations.
- Despite recent market performance, Pi Network’s popularity remains strong.
Binance, the world’s largest crypto exchange, has concluded its survey regarding the listing of Pi Coin (PI). According to the results, 86% of users expressed support for adding Pi Network to the exchange.
This indicates substantial interest in the mobile-mined cryptocurrency and suggests that its listing on Binance is likely. However, The exchange emphasized that the outcome of the survey does not guarantee the listing, as the decision will be based on a more comprehensive evaluation.
The survey was launched on February 17 and concluded on February 27, gathering a total of 294,957 votes. Although Binance boasts nearly 250 million users, only a small fraction, 0.12%, participated in the poll. The platform also clarified that not all votes will be counted; only those that meet the platform’s criteria will be considered. This makes clear that the survey results, while indicative of user interest, do not determine the final decision regarding Pi’s potential listing.
Despite the Vote, Binance Will Have the Final Say
Pi Network, the platform behind Pi Coin, has seen rapid growth, with more than 60 million active users. This development has generated attention within the crypto community. A listing on Binance could provide a substantial boost to Pi Coin’s visibility, market presence, and liquidity. It could also potentially improve the coin’s overall stability, which would be crucial for fostering further adoption.
Despite the growing support for its listing, Pi Coin has experienced a decrease in value, with a 21.5% drop recently. At the time of writing, Pi Coin’s price stood at $2.09, down from its previous all-time high. This price correction, however, has not overshadowed the overall positive momentum that Pi Network continues to experience, with a 213% increase in value over the past week.
While Pi’s listing remains uncertain, Binance appears to favor adding the coin to its platform. In contrast, other exchanges, such as ByBit, have rejected the idea, labeling Pi Network as a possible pyramid scheme.
