Coinbase Listing Hope for Pi Network Amid Price Crash

Amidst a significant price drop, the Pi Network community pins its hopes on a potential Coinbase listing to revive the slumping PI coin.

Pi Network Panic: Can a Coinbase Listing Save PI Coin from More Losses?

The Pi Network, with a community of 60 million users, is facing panic as PI coin crashes 15% in a day and over 40% weekly. The price now hovers around $0.55, and the community sees a potential Coinbase listing as the only way to recover. Pi Network generated significant hype in February but faced multiple rejections from major exchanges, causing the price to plummet. While Binance has remained silent about listing PI, the community is shifting focus to Coinbase.

Coinbase Seeks CFTC Approval for XRP Futures Contracts

Coinbase has submitted a request to the U.S. Commodity Futures Trading Commission (CFTC) to introduce futures contracts on XRP, scheduled to launch on April 21, 2025. This product could provide investors with a new way to speculate on one of the most liquid digital assets without having to hold the token directly. Each contract will represent 10,000 XRP, approximately at the current price of $2 per token, and will be traded under the symbol XRL. These contracts will be available for the current month as well as for the following two months. Coinbase is the largest Ethereum node operator and emphasizes that this is an innovative and regulated derivative product.