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Home Crypto News

Binance Listing on the Horizon?

Cryptoverse by Cryptoverse
May 9, 2025
in Crypto News
Reading Time: 4 mins read
Pi Network Faces Resistance; Price To $1 Not Happening Soon
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Pi Network made an unexpected leap in Finland, a country dominated by global social media giants.

The Blockchain-based app now ranks sixth among Finland’s top free social apps, competing with Instagram, TikTok, and Facebook.

What is Driving Pi Network’s Traction in Finland

The climb from #61 to #6 is not a mean feat, happening in the first week of May. Based on data from appfigures.com, it has a 4.4-star rating as of this writing. The traction reflects the growing momentum behind Pi Network’s mission to decentralize digital ownership and create a more inclusive financial future.

Pi Network in Finland
Pi Network in Finland. Source: appfigures.com

The Pi Network is powered by its community, comprising users who mine its native cryptocurrency, PI coin. This is unlike typical social platforms driven by ad revenue.

“This isn’t just an app—it’s a movement… For an emerging blockchain project to rival and even outperform apps backed by billion-dollar corporations speaks volumes about the power of community, purpose, and innovation… The Pi Network is not just a speculative dream—it’s an active, growing force that’s rising on the global stage,” said blockchain analyst Mr. Spock in a post.

Nevertheless, despite growing interest in Finland, data shows India, Pakistan, and Nigeria remain the top countries adopting Pi Network.

Pi Network social metrics
Pi Network social metrics. Source: app.sensortower.com

Ecosystem Update Amid Binance Listing Speculation

Meanwhile, this milestone is pivotal for the project. The Pi Core Team recently teased a major ecosystem announcement set for May 14.

“A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next,” the Pi Core Team shared in a Thursday announcement.

The announcement builds anticipation among the network’s millions of users, otherwise termed Pioneers. Veteran Pi miners hope this upcoming announcement will clarify the network’s migration to the open mainnet.

“As an old miner, we are looking forward to the disclosure of the specific time and details of the migration. The great value of the future still depends on the construction of miners,” a miner wrote.

The comment comes as some Pioneers cannot transfer their mined Pi coins to the mainnet for use.

Elsewhere, recent on-chain evidence sparked speculation that PI coin may be headed for a Binance listing. This is arguably the biggest potential catalyst for any digital asset.

BeInCrypto reported that wallet activity linked to Stellar, Pi’s underlying blockchain, has shown signs of preparing for listing infrastructure.

While Binance or the Pi Core Team has not officially confirmed this, the community is monitoring closely.

The app’s viral rise in Finland may hint at a larger global wave building behind the project. Pi Network’s unique approach, blending social features, grassroots mining, and a mobile-first user experience, may be helping it cut through a saturated app market.

Pi Network (PI) Price Performance
Pi Network (PI) Price Performance. Source: BeInCrypto

BeInCrypto data shows PI coin was trading for $0.72907 as of this writing, up by over 16% in the last 24 hours.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.



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