Binance Listing Speculation Fuels 11% Surge in Pi Network’s PI Token
Pi Network’s native token, PI, experienced an 11% price surge to $0.65 as speculation grows regarding a potential Binance listing. The daily trading volume skyrocketed by 133%, surpassing $100 million, as investors anticipate a pivotal moment for the project. While Binance has not officially confirmed any listing plans, sources suggest the exchange may be evaluating Pi network transactions. With a market cap of $4.21 billion, this development could mark a significant milestone for Pi Network and its community.
Pi Price Jumps 11% as Binance Listing for Pi Coin Gains Traction
Pi Network’s native token PI surged 11% to $0.65 amid renewed speculation about a potential Binance listing. Daily trading volume spiked 133% to over $100 million as market participants positioned for what could be a watershed moment for the project.
Sources indicate Binance may be conducting technical evaluations of PI network transactions, though the exchange has not confirmed listing plans. The $4.21 billion market cap asset continues to trade at a significant premium to its mainnet migration price, reflecting strong community support.
Binance Founder CZ Seeks Presidential Pardon from Trump
Changpeng Zhao, founder of Binance, has confirmed his legal team filed a presidential pardon request with former U.S. President Donald Trump. The MOVE comes after Zhao’s 2023 conviction on money laundering charges and subsequent restrictions following his prison release.
Zhao’s admission during a May 6 podcast episode marks a reversal from his March denial of such efforts. While a pardon wouldn’t expunge his criminal record, it could potentially ease current limitations and allow for a more active role at Binance.