Over 70 million Pi Network (PI) users, popularly referred to as the Pioneers, are waiting for the big moment this week. Pi’s core developer team is set to deliver a keynote speech in the Consensus 2025, one of the globe’s largest blockchain conferences.
Here’s What Pi Coin Holders Bank On
Kicking off in Toronto, Canada in just a few hours, the influential networking event will set the stage for a major announcement by Pi Network’s Founder & Head Of Technology Nicolas Kokkalis. Even though the annual conference begins today, it’s important to note that the big announcement might not happen until Friday.
Mr. Kokkalis is slated to give a speech on May 16, 2025 at 11:05 AM for approximately half an hour in the AI Summit stage. Namely, social media marks Pi coin’s (PI) listing on Binance as the talk of the crypto town, but some of the Pioneers across X & Reddit are rather skeptical.
Sponsored
To illustrate, Pi coin holder Arash uttered “don’t be surprised if it’s just another promise or postponement”, referring to the Pi Day domain announcement as a major source of dissatisfaction.
While some other Pioneers shared the same sentiment, others were more optimistic, expecting an update on the second migration to the mainnet, referral bonus program or the forfeited Pi coins, potentially reducing supply.
Certainly, the recently swirling rumours about Binance listing Pi coin (PI) were mostly based on a few multi-million dollar on-chain movements linked to a Binance wallet. Previously, the crypto Pioneers voted to list Pi coin on Binance on the major exchange’s Square section, but no action was taken.
On The Flipside
- Recently, one Pi coin whale decided to sell a mouth-dropping 100,000 Pi coins at once, resulting in a sharp market correction after Pi price tackled $1.57.
- Bouncing back from the $0.40 all-time low hit in early April, Pi price spurred by 188% since the bottom, but is still over 60% down from the $2.99 ATH.
Why This Matters
Aside from Pi’s core team, the conference includes big names in the crypto league, such as Eric Trump, Anthony Scaramucci, Kevin O’ Leary & Cardano’s Charles Hoskinson. In most cases, crypto markets tend to immediately react to big announcements made in large-scale events.
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