Pi Coin Price Rises 11% Amid Binance Listing Speculations

Pi Coin experienced an 11% price increase to $0.65, driven by speculation of a Binance listing and significant trading volume surge. Wallet activity linked to Pi transactions is being tested on Binance, adding to the excitement. A key announcement from the Pi Core Team is slated for May 14. Pi price could rally if it breaks past $0.65, although it remains 80% down from February’s peak.

Bitcoin’s recent surge, marked by an 11% jump that pushed the price to $0.65, has sparked discussions on social media about a potential listing on Binance for Pi Coin. Trading volume skyrocketed earlier today, seeing an increase of 133%, now over $100 million. This rise coincides with speculation surrounding wallet activity connected to Pi Network transactions, raising hopes among the community.

Reports suggest that Binance might be testing transactions for the Pi Network, which is fuelling excitement in the crypto sphere. A researcher known as MOON JEFF highlighted on May 7 that Binance’s stellar deposit wallet is validating $PI chain transactions. The wallet in question, identified as GABFQIK63R2NETJM7T673EAMZN4RJLLGP3OFUEJU5SZVTGWUKULZJNL6, has been actively involved in this testing.

Additionally, another wallet appears to be engaging in KYC and KYB verification processes, also linked to Pi Coin transactions. On May 1, a community-driven platform known as Pi Barter Mall hinted that negotiations between the Pi Network and Binance were entering the final stages, raising eyebrows and propelling discussions further.

On the broader front, anticipation is building for a major announcement from the Pi Core Team scheduled for May 14, 2025. This aligns with the Consensus Summit 2025 in Toronto, where one of the founders, Dr. Nicolas Kokkalis, is set to speak. Many in the Pi community view this as a potentially bullish signal for Pi Coin, further stoking speculation regarding its future performance.

Market watchers note $0.65 serves as a pivotal resistance level for Pi. If this level is breached, some analysts are hopeful it could trigger a rally that pushes prices towards $1. In contrast, Pi remains a significant 80% below its peak of $3, which was seen in February 2025. These figures suggest there’s still a long way to go before Pi Coin recovers.

As the community remains engaged, many share their thoughts on whether Binance or even Coinbase will list Pi Coin. Dr. Altcoin stated that with Pi Network housing over 70 million users globally, it’s in major exchanges’ best interests not to overlook it. Binance has also been promoting itself within the Pi app, further underlining the potential for listings in the near future.

Final takeaway: while the hype surrounding Pi Coin’s price surge is palpable, the upcoming announcements and activities related to Binance’s testing could play a decisive role in the future trajectory of the coin. Investors and enthusiasts alike should stay tuned for developments, as conditions in the volatile crypto market can shift rapidly.

Disclaimer: The information presented here is meant to offer insights, not investment recommendations. Always do your own research and consider seeking professional advice before making financial decisions.