
The mobile mining virtuoso Pi Network (PI) is back on the bullish path, following Bitcoinโs (BTC) run past $101.11K this late Thursday afternoon. Matter of fact, Pi coin price tacked on a massive rebound rally after Binance, the globeโs largest crypto exchange, dropped several hints at listing Pi coin (PI) in the nearest time.
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In particular, a Binance-linked crypto wallet has started testing Pi coin transactions on Pi Networkโs mainnet for the past 5 days. So far, thereโs nearly 300,000 Pi coins transferred on Stellarโs (XLM) network, while the same Binance wallet handles both XLM and Pi transactions.
This is crucially important due to the fact that both Pi Network (PI) & the OG crypto Stellar (XLM) conduct operations on a similar method derived from Stellar Consensus Protocol (SCP). After initially showing just 2 Pi coins worth $1.20, the Piscan.io verified crypto wallet processed nearly 3K in 5 days right after Pi Network activated mainnet wallets for KYC-compliant users.
Is Pi Coin Price Really Reclaiming $1?
Unseen since March 22, 2025, the $1 peg for Pi coin could be hard to retain before any major listings occur. Currently, Pi coin (PI) is listed by some heavyweights, including OKX, MEXC & HTX, but the portable mining practicing coin is still not available on KuCoin, Bybit & Binance.
As we can see in the chart depicted above, Pi coin price has printed a gargantuan green candle today, picking up 11% daily gains to reclaim the previous support levels of $0.64. This signifies a bull run likely on the cards due to the Parabolic SAR metric falling below the current Pi coin trading price.
As of press time, the #20 ranked altcoin is trading at $0.6444, picking up 1.3% gains over the past hour. Despite the upswing, Pi Network (PI) is still below $200 million on Spot trading volume, as well as 78% below the all-time record of $2.99, scored a week after mainnet launch.
On The Flipside
- When Pi coin originally launched to the mainnet in February 2025, Binance held a voting on their Square social media platform with voters expressing support for Pi token, but the altocin still didnโt get listed without an explanation.
Why This Matters
The 60 million-strong community of Pi Network members has continuously endorsed major exchanges to list the token, which is likely to reach 100 million members in the next two years.
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