Binance and Pi Network: Debunking the PI Coin Listing Rumors

Recent rumors about Pi Network’s PI coin being listed on Binance have caused a stir in the cryptocurrency community. Viral posts on social media platform X claimed that the token was already available for trading on Binance, supported by an image showing PI’s purported price on the exchange. However, neither Binance nor Pi Network has officially confirmed the listing, leaving the community in suspense. While Binance previously included PI in a "Vote to List" event and conducted a community poll, the final decision remains pending. This article delves into the details of these rumors, separating fact from fiction, and explores what this could mean for Pi Network and its supporters.

Pi Network’s PI Coin Listing on Binance: Rumors Debunked

Speculation about Pi Network’s PI coin being listed on Binance has surged, fueled by viral posts on X claiming the token is now available for trading. An image circulating online purportedly shows PI’s price on the exchange, sparking excitement within the community. However, neither Binance nor Pi Network has confirmed the listing.

Binance previously included PI in a "Vote to List" event and conducted a community poll, but meeting the exchange’s stringent criteria—trading volume, risk assessment, and compliance—remains a prerequisite. Earlier teasers featuring the π symbol were purely graphical and not indicative of an official announcement.

The market’s reaction underscores the persistent appetite for new listings, even as unverified claims proliferate. For now, PI remains absent from Binance’s trading pairs.

Solana Faces Volatility Amid SEC Scrutiny and Market Downturn

Solana’s price trajectory faces headwinds as regulatory concerns cast a shadow over its market performance. The SEC’s skepticism toward proposed Ethereum and Solana ETFs triggered an 11.45% SOL price drop in late May, with the token oscillating between $155-$185 for 23 consecutive days.

Network fundamentals tell a contrasting story. solana recorded three consecutive months of wallet growth, climbing from 98.33 million addresses in March to 123.81 million in May. This organic expansion signals robust adoption despite price turbulence.

Derivatives markets reflect growing bearish pressure. The OI-weighted funding rate flipped negative to -0.0027%, while SOL’s seven-day slump reached 11%. The token now tests critical support at $150 as selling activity intensifies across exchanges.