Pi Coin’s 8% Surge Fueled by Binance Listing Rumors and Network Updates
Pi Coin has experienced an 8% price surge, breaking past $0.70, as traders speculate about a potential Binance listing. The excitement follows test transactions on Binance’s Pi-compatible stellar deposit wallet, hinting at possible integration. This upward movement aligns with Bitcoin’s rally toward $100,000, which has positively impacted the broader altcoin market. The Pi Network team is also expected to make a significant announcement soon, adding to the bullish sentiment.
Pi Coin Surges 8% Amid Binance Listing Speculation and Upcoming Network Announcement
Pi Coin has rallied 8% in the past 24 hours, breaching the $0.70 threshold as market participants anticipate a potential Binance listing. The speculation gained traction after Binance’s Stellar deposit wallet—which doubles as its Pi wallet—initiated test transactions on the Pi blockchain.
The momentum coincides with Bitcoin’s climb toward $100,000, lifting altcoins across the board. Pi Network’s team has scheduled a major announcement for May 14, likely to be unveiled at the Consensus Summit in Toronto. This marks the project’s debut at a global industry event, fueling expectations of accelerated adoption.
Technical charts suggest a breakout above $0.70 could pave the way for a run toward $1, a psychological milestone for traders. The token’s performance mirrors broader crypto market optimism, though Pi remains an outlier due to its unique mining mechanism and phased mainnet rollout.
Binance Founder Changpeng Zhao Seeks Trump Pardon Amid Legal Troubles
Changpeng Zhao, the embattled founder of cryptocurrency exchange Binance, has formally applied for a presidential pardon from Donald Trump. The request follows media speculation about Zhao’s attempts to secure clemency after serving four months in U.S. custody on money laundering charges.
On the Farohk Radio podcast, Zhao confirmed his legal team submitted the application two weeks ago. The move comes amid reports of potential business dealings between crypto ventures tied to the Trump family and Binance’s U.S. operations—claims Zhao previously denied as "inaccurate."
The Binance founder’s legal saga continues to cast shadows across the crypto industry. His guilty plea and subsequent ban from Binance leadership marked a watershed moment for exchange compliance, even as the platform maintains its dominant market position.
Binance Founder CZ Seeks Trump Pardon Post-Prison Sentence
Changpeng ’CZ’ Zhao, the embattled founder of cryptocurrency exchange Binance, has formally requested a presidential pardon from Donald Trump. The application follows Zhao’s four-month incarceration in a U.S. federal prison for financial violations.
Legal representatives filed the clemency petition two weeks after media outlets reported Zhao’s behind-the-scenes efforts. ’We only submitted after the Bloomberg and Wall Street Journal articles surfaced,’ Zhao admitted during a Farohk Radio podcast appearance. The entrepreneur previously disputed aspects of those reports linking him to crypto ventures involving TRUMP associates.
Binance Sparks Excitement in Pi Network Community with Surprising Moves
Binance’s Stellar network wallet activity has ignited speculation within the PI Network community, as test transfers detected on May 2 suggest potential groundwork for a PiCoin listing. The wallet, historically linked to Pi transactions, showed minor but deliberate movements—a signal interpreted by enthusiasts as preparation for broader integration.
Over 60 million Pi Network users now await Binance’s May 14 announcement with heightened anticipation. While the exchange has not confirmed the purpose of these transfers, the community views them as a bullish indicator for PiCoin’s market entry. Such a listing could significantly amplify Pi’s liquidity and mainstream adoption.
Binance Delists Three Trading Pairs, Places Tokens Under Review
Binance is removing three spot trading pairs—ANIME/BNB, STRK/BTC, and THE/BTC—effective May 9, 2025, citing low liquidity and diminished trading activity. The exchange will also disable Spot Trading Bots for these pairs, urging users to adjust their strategies to prevent losses.
While the affected pairs will be delisted, the underlying tokens remain tradable through alternative pairs on the platform. Binance emphasized the MOVE as part of its ongoing efforts to optimize market quality and user protection.
