「Cryptocurrency」タグアーカイブ

Latest Updates on Pi Network: Possibility of Binance Listing and Expectations for Pi Day on March 14th

Pi Network, which is attracting attention in the world of cryptocurrencies, is once again showing significant movement. Many users are raising their expectations, especially towards “Pi Day” on March 14th. This article provides a detailed explanation of the latest information on Pi Network and the possibility of listing on Binance.

What is Pi Network? And the Importance of March 14th

Pi Network is known as a cryptocurrency project that allows easy mining using smartphones. Unlike traditional cryptocurrencies, it does not require high-performance computers or specialized knowledge, and anyone can participate through the app, which is a key feature.

March 14th is known as “Pi Day” after the mathematical constant π (pi), but it is also an important day for Pi Network. The CEO of Pi Network has stated that they will “achieve a major milestone in the world of blockchain” on this day, and many users are looking forward to this announcement.

Stability Brought by Pi Network’s Unique Blockchain

One of the major features of Pi Network is that it operates on its own unique blockchain. This allows Pi Network to maintain a relatively stable state while other cryptocurrencies such as Bitcoin are significantly affected by market fluctuations.

For example, even when Bitcoin’s price fluctuates by thousands of dollars, Pi Network has not shown such drastic fluctuations. This is because Pi Network has its own unique blockchain technology and uses its own native token.

Expectations and Rumors Regarding Pi Network’s Listing on Binance

Currently, what many Pi Network users are most interested in is the possibility of listing on the major cryptocurrency exchange, Binance. Binance is one of the world’s largest cryptocurrency exchanges, and listing here could lead to a significant increase in value for Pi Network.

Interestingly, Binance’s official account has posted tweets such as “You are waiting for Pi” and suggestive messages like “Dream comes true if you survive the task stage”. These messages may be related to Pi Network’s listing on Binance.

Especially on Pi Day, March 14th, there is speculation about the possibility of a Binance listing announcement. If this happens, it would be a major turning point for the Pi Network ecosystem.

Common Problems and Solutions for Pi Network

KYC Verification Issues and Solutions

KYC (Know Your Customer) verification is an important step for using Pi Network, but many users face various problems. Name mismatch issues are particularly frequent.

If KYC verification is not approved, it is important not just to see the message “KYC is not approved” but to click “More Details” to check the detailed reason. If there is a name mismatch, it is possible to correct it through the appropriate procedures.

Pi Coin Migration and Unlocking

For Pi Network users, another important aspect is the issue of coin migration and unlocking. For example, in one account, approximately 1,400 Pi coins (worth about 100,000 yen) have been migrated, and some of them are scheduled to be unlocked on March 18th (shortly after Pi Day).

The status of migration and the unlocking date can be checked within the app. The date is displayed next to the “Locked until” indicator, and the coins become available on that date.

The Future of Pi Network and Important Dates

When considering the future of Pi Network, it is important to pay attention to the following dates:

March 14th (Pi Day): Important announcements and milestone achievements are expected. There is also a possibility of a Binance listing announcement.
March 18th: This is the scheduled date for many users’ locked Pi coins to be released.

Since Pi Network operates on its own unique blockchain, it has the characteristic of being less affected by market fluctuations compared to other cryptocurrencies. This characteristic will likely appeal to many investors and users from the perspective of long-term stability.

Summary: Pi Network and the Future of the Blockchain Revolution

Pi Network is attracting attention as a cryptocurrency project with unique features such as easy mining using smartphones and its own blockchain technology. Some important announcement is expected on Pi Day, March 14th, and the possibility of listing on Binance, in particular, is raising the expectations of many users.

At the same time, emerging blockchain projects like Dave Labs are also entering the market with innovative approaches, and the world of blockchain technology and crypto assets is expected to continue to develop rapidly.

Users interested in Pi Network are advised to keep their app updated, complete KYC verification, and keep an eye on important announcements. Also, it is important to remember that cryptocurrency investment always involves risks and to act based on the principle of self-responsibility.

The world of blockchain technology and crypto assets is evolving daily, and it will be worth watching what kind of transformation innovative projects like Pi Network and Dave Labs will bring to this field in the future.

Binance Demands $50 Million for Pi Network Listing? The Truth Behind the Rumor and Future Prospects

コメントを残す

There’s a rumor making waves in the cryptocurrency world. It’s said that Binance, the world’s largest cryptocurrency exchange, is demanding a staggering $50 million (approximately 7.5 billion JPY) to list the coin of the rapidly growing Pi Network. Is this rumor true? And if so, what impact will it have on the Pi Network and its supporters?

Pi Network’s Current Status and Market Position

The Pi Network officially launched its mainnet on February 20, 2025, and has quickly gained attention in the cryptocurrency market. As of March 10, 2025, the trading price of Pi Coin has fallen to approximately $1.39 (about 209 JPY), recording a decline of about 12% from the previous day. Nevertheless, it maintains a market capitalization of approximately $12.9 billion (about 1.94 trillion JPY), establishing its position as the 12th largest cryptocurrency by market cap.

Pi Network is Top Trending on CoinGecko! Binance Listing Status and Future Outlook

Notably, the Pi Network is already expanding its real-world use cases. Zito Realty LLC in Florida is accepting Pi Coin as a payment method for real estate transactions, allowing the Pi Network to enter the $3.43 trillion U.S. real estate market. Furthermore, integration plans with the AI16ZH ecosystem are underway, which could potentially connect approximately 200,000 users worldwide to the Pi Network.

Pi Coin’s Practical Use Advances! Real Estate and Car Purchases Possible in Florida

It is also said that the Pi Network plans to launch approximately 100 applications within its ecosystem leading up to “Pi Day” on March 14. This could allow users to actually use Pi Coin within the ecosystem instead of selling it on exchanges, which is one reason why many “Pioneers” (Pi Network users) are holding onto their coins and avoiding low-price sales.

Of note is the upcoming large-scale unlock schedule for Pi Coin. According to PiScan data, a total of 282 million tokens (worth approximately $390.93 million at the current rate) are expected to enter the market in the next 30 days. Specifically, on March 17 and March 21, over 23 million Pi Coins are scheduled to be unlocked on each day, which could put supply pressure on the market.

Conflict Between Binance and Pi Network

Despite its rapid growth, the Pi Network also faces significant challenges. One is listing on major exchanges. Currently, it is not yet listed on Binance, the world’s largest exchange, which is causing growing dissatisfaction among the Pi community.

The Future of Pi Coin: KYC Deadline Approaching! Explanation of Binance Listing and Price Potential

Amidst this, a shocking rumor spread. It claimed that Binance was demanding an exorbitant $50 million to list Pi Coin. This rumor was disseminated across various social media platforms and picked up by many cryptocurrency influencers. However, as of now, neither Binance nor the Pi Network core team has issued an official statement regarding this rumor.

The amount of $50 million is unusually high compared to industry standards. While listing fees on major exchanges are typically said to be in the range of a few million dollars, it seems unnatural for Binance to make such a demand for a project like the Pi Network, which has over 60 million users. However, the credibility of this rumor has not been confirmed at this time and should be treated with caution.

Community Vote and Its Results

From February 17 to 27, 2025, Binance conducted a vote regarding the listing of Pi Coin through its Binance Square Official account. In this vote, out of 232,676 valid votes, 88% (202,547 votes) were in favor of listing Pi Coin, while only 12% (30,129 votes) were against it.

To participate in the Binance vote, users were required to hold assets worth at least $5 and complete identity verification. Many Pi supporters made deposits and completed procedures to meet these conditions and participate in the vote.

However, when Binance announced the voting results, they explicitly stated that this was merely “reference information” and would not directly influence the listing decision. According to Binance, the listing decision process considers many factors, including project quality, team reliability, market demand, use cases, technological innovation, regulatory compliance, and more. On March 1, Binance updated the voting results but did not indicate a commitment to listing Pi Coin.

Backlash Against Binance by Pi Supporters

Following the announcement of the voting results, many Pi Network supporters expressed anger. Many of them believed that the voting results would lead to a listing. This disappointment manifested in the form of a large-scale posting of 1-star reviews on the Binance app.

In a Pi Network Facebook group with over 135,000 members, a post encouraging members to “Give Binance a 1-star rating for disrespecting the Pi Network project” spread widely. Similar calls were disseminated on Facebook and X (formerly Twitter), and many users claimed to have taken action.

As a result of this protest, Binance’s rating on Google Play plummeted from 4.9/5 to 3.8/5, with 2.86 million reviews posted. On the App Store, the rating also dropped from 4.8/5 to 4.2/5, with approximately 12,400 ratings submitted. Many 1-star reviews included criticisms such as “They tricked users into depositing money for the vote” and “They disrespected the Pi Network project.”

This is not the first time Pi Network supporters have targeted a cryptocurrency exchange. Rival exchange Bybit faced similar backlash, and its CEO, Ben Zhou, issued a warning that “Pi Network is a potential scam,” after which its rating on Google Play plummeted from 4.7/5 to 2.8/5.

Pi Network and BYBIT Controversy: Debate Over Project Legitimacy and Misunderstandings

Pi Coin Price Prediction and Future Outlook

With Pi Coin trading around $1.39 as of March 10, 2025, how would its price fluctuate if it were listed on Binance? Some analysts suggest that a Binance listing could potentially push Pi’s price above $10. If this were to happen, Pi could potentially enter the top 10 cryptocurrencies by market capitalization.

Predictions from various analysis sites suggest that Pi Coin could reach approximately $234 to $280 by 2030. While more optimistic predictions exist, many analysts anticipate growth within this range. For Pi Coin to reach these heights, the following factors need to align:

Successful operation of the open mainnet
Listing of Pi Coin by Binance and other major exchanges
Sustained community interest and trading volume
Clear regulatory stance and confirmation of legitimacy

However, it is important to remember that these predictions are speculative, and actual price movements are influenced by many factors. Especially for emerging cryptocurrency projects, price fluctuations are often unpredictable.

Concerns Regarding Project Legitimacy

Despite the rapid growth of the Pi Network and the enthusiasm of its community, there are also many voices raising doubts about the project’s legitimacy. Blockchain expert Anh Bang points out that despite the Pi Network launching its mainnet after 6 years of development, it has not yet released essential elements for a legitimate cryptocurrency project, such as smart contracts and open-source code.

Furthermore, accusations of being a “pyramid scheme” have surfaced in China, and it is questionable whether Binance would take such a risk to list Pi Coin. The warning from Bybit CEO Ben Zhou that “Pi Network is a potential scam” may also be affecting the project’s credibility.

On the other hand, Pi Network supporters claim that the project has a long-term vision and is focused on building a sustainable ecosystem. According to them, Pi is not just a speculative crypto asset but aims to function as a practical payment method.

“Traditional cryptocurrencies have only one purpose: buying and selling on exchanges. Warren Buffett once said, ‘If you gave me all the bitcoin in the world, I wouldn’t know what to do with it,’ but if the Pi Network’s 100 application ecosystem is fully implemented, this view may no longer hold true.”

Summary: Attention on Future Developments

The rumor that Binance demanded a $50 million listing fee from the Pi Network is not confirmed at this time. However, regardless of whether this rumor is true, the tension between the Pi Network, its community, and major exchanges is evident.

Despite the overwhelming majority supporting the listing of Pi Coin in the Binance vote, whether an actual listing will materialize remains uncertain. Binance emphasizes a comprehensive due diligence process and has made it clear that decisions are not solely based on popularity polls.

This situation highlights the complex relationship between emerging projects and established major platforms in the rapidly evolving cryptocurrency market. As cryptocurrency investors, it is crucial to base decisions on official announcements and concrete technical developments, rather than being swayed by rumors or excessive expectations.

The developments concerning the Pi Network and Binance will continue to be watched closely. In particular, how the Pi Network resolves technical challenges and enhances project credibility, and how Binance responds to this popular project, will be important indicators for the cryptocurrency market as a whole.

The announcement of 100 applications scheduled for “Pi Day” on March 14 will also be a significant event indicating the project’s future direction. Furthermore, the large-scale token unlocks scheduled for March 17 and 21 are also points of interest regarding their potential impact on the price of Pi Coin. Whether the future Pi Network aims for as a “practical payment method” will be realized or if it will succumb to criticism, it is necessary to continue paying attention to future developments.

Pi Network Becomes Top Trend on CoinGecko! Current Status of Binance Listing and Future Outlook

コメントを残す

We bring you the latest developments regarding Pi Network, which is attracting attention in the cryptocurrency market. As it ranks first in trends on CoinGecko and is climbing the market capitalization rankings, many users are focusing on the situation surrounding its listing on Binance. This article provides a detailed explanation of Pi Network’s position in the market, its unique node system, and its relationship with Binance.

Pi Network Ranks First in Trends on CoinGecko

According to the latest information, Pi Network is at the top of CoinGecko’s trending cryptocurrencies. Its market capitalization is reported to be approximately 1.29 billion USD, which can be considered a significant milestone in the cryptocurrency market.

In the current rankings, Pi Network is positioned 12th in CoinGecko’s market capitalization ranking. On the other hand, it is ranked 11th on CoinMarketCap, located below Tronchain (TRX) and above Lido (LDO).

Looking at the detailed figures, Pi Network’s market capitalization is 12,860,232,232 USD (approximately 1.8 trillion JPY). For comparison, considering that Lido, which is ranked higher, has a market capitalization of approximately 20 billion USD, Pi Network needs about 8 billion USD in growth to reach this level.

Pi Network’s Node System: The Secret to Network Strength

Supporting Pi Network’s technical foundation is its unique node system. The Pi Network node graph visually represents the connection status between the nodes that constitute the network. There are mainly three types of nodes in this network:

https://piscan.io/nodes　From

Orange Validator Nodes: Play a crucial role in validating transactions and maintaining network integrity.
Blue Watcher Nodes: Serve a supplementary role by connecting to validators to support the network.
Gray Inactive Nodes: Nodes that are currently not active or are operating in private mode.

In the current system, there are only 16 active nodes, but they form a closely connected network, with validators functioning as sub-hubs connected to multiple other watcher nodes. This strong interconnection ensures system stability and security.

In the future, the Pi Network core team plans to introduce over 200,000 nodes to the mainnet, and if this is realized, the network is expected to become even stronger and evolve into a more decentralized system.

Pi Network: How Super Nodes and Validator Nodes Work

Binance Users’ Frustration: Slow Progress After Listing Survey

Many Pi Network Pioneers (early users) seem to be dissatisfied with Binance’s response. To summarize the situation, the process has been as follows:

Binance conducted a survey regarding the listing of Pi Network.
Participants were required to create a Binance account and deposit 5 USD.
As a result of the survey, approximately 86% of users voted in favor of listing Pi Network.
However, even after the survey, no concrete actions or clear information regarding the Pi Network listing have been announced by Binance.

As the administrator, I believe there might be some movement around Pi Day on March 14th.

Binance and Pi Network: Current Status of the Listing Process

According to some sources, while Binance is preparing to list Pi Network, it is said that they need to complete the business QC (Quality Control) process as the final step.

A noteworthy point being emphasized is that there is no special treatment for Pi Network, and the principle of “no VIP treatment, no shortcuts, no red carpet” is being adhered to. Pi Network operates under fair rules and applies the same conditions to all exchanges.

It appears that Binance, the world’s largest cryptocurrency exchange, is also proceeding with the listing review according to this standard process. While this approach leads to healthy market formation in the long term, it is a frustrating situation for many users.

Pi Network’s Legal Advantage Seen from Binance’s Stablecoin Handling Restrictions

Pi Network’s Market Position and Future Outlook

For Pi Network to move further up from its current market capitalization ranking, continuous growth is necessary. As mentioned earlier, to stand alongside competitors like Lido, an increase in market capitalization of approximately 8 billion USD is required.

Expanding and strengthening the node network is an important strategy to enhance Pi Network’s decentralization and security. If the core team can introduce over 200,000 nodes to the mainnet as planned, the network’s resilience will significantly improve.

Listing on Binance could be a crucial step to increase Pi Network’s liquidity and recognition, but the exact listing time is currently unknown. More concrete information is expected to be released after the completion of the business QC process.

Summary: Pi Network’s Current Status and Future Potential

While Pi Network has achieved the result of ranking first in trends on CoinGecko, it faces challenges regarding its listing on Binance. Its market capitalization has reached approximately 1.29 billion USD, ranking high in major market capitalization rankings, but further growth is needed to enter the top 10.

Promoting decentralization through the expansion of the node system and listing on major exchanges like Binance will play an important role in Pi Network’s future development. Many users are hoping for an early listing, but it seems Pi Network will proceed according to standard processes without receiving special treatment.

Investors and users who are following Pi Network’s developments should wait for future official announcements and respond sensitively to market changes. The cryptocurrency market is constantly fluctuating, but Pi Network’s efforts need to be evaluated from a long-term perspective.

Disclaimer: This article is for informational purposes only and does not provide investment advice. Cryptocurrency investments involve risks, so please make decisions based on sufficient research and at your own risk.

Latest Developments and Future Prospects for the Pi Network: Expectations and Strategies for Pi Day

コメントを残す

As the cryptocurrency market continues to evolve, Pi Network is attracting attention with its unique decentralized vision and global support. This article provides a detailed explanation of Pi Network’s current status, challenges, and future potential. It also touches upon the significance of “Pi Day,” scheduled for March 14, 2025.

Current Progress

As of February 2025, approximately 1.59 billion Pi out of a total supply of 6.3 billion Pi have been officially released and are in circulation. This indicates that the project is preparing to move to the next phase. Furthermore, while many cryptocurrency exchanges are seeking to list Pi, the Pi Network development team maintains a cautious stance.

Challenges Regarding Exchange Listings

Although Pi is already listed on some exchanges, these listings are not officially approved by Pi Network. The development team is warning users to be cautious of scams and counterfeit currencies. It is recommended to check the “KYB (Know Your Business)” list provided on the official website as a reliable source of information.

What is Pi Network KYB Verification? Key to Business Participation in the Open Mainnet

Significance of “Pi Day” on March 14, 2025

“Pi Day” is a special day celebrated by the entire community, and new announcements and developments are anticipated. According to the developers, this day will be a significant milestone where the true value of Pi Network will become apparent.

Future Outlook

Pi Network is positioned not just as a cryptocurrency, but as a new financial ecosystem. Its vision includes:

Breaking away from traditional banking systems: Decentralized financial solutions empowering individuals.
A new concept of value and money: Supported by a global community.
Contribution to the digital economy: Expected applications in various fields such as travel and marketplaces.

Points of Caution and Advice

Currently, fraudulent activities and scams have been reported on some exchanges, and users need to be careful. Therefore, it is important to use only officially approved platforms to ensure safety.

Summary

Pi Network holds great potential due to its uniqueness and community-driven approach. “Pi Day” on March 14, 2025, in particular, is a day when significant progress is expected. As a holder, it is necessary to look at the project from a long-term perspective, without being swayed by short-term price fluctuations.

What will you do? Will you hold or sell?

Pi Network Controversy: Fraud Allegations and Debate on Future Potential

コメントを残す

Pi Network, which has attracted attention in the cryptocurrency market in recent years, is in the midst of a major controversy. In particular, the public criticism of the project as a “scam” by Bybit CEO Ben Zhou has caused a stir. This statement reignited doubts about the transparency and legitimacy of Pi Network and shocked the entire cryptocurrency community.

Criticism by Bybit CEO and its Impact

Ben Zhou cited a 2023 report by Chinese authorities, claiming that fraudulent activities related to Pi Network may be being carried out by some malicious third parties. However, Pi Network has countered that this report focuses on fraudulent activities impersonating the project, not on Pi Network itself.

Following these statements, the price of Pi Coin temporarily dropped by over 59% to $0.737. However, it has since recovered by 80% to $1.29, raising expectations among investors again.

Pi Network and BYBIT Controversy: Debate over Project Legitimacy and Misunderstandings

Claims of Pi Network Supporters

On the other hand, Pi Network also has many enthusiastic supporters. The project was launched in 2019 and has since gained over 60 million active users. Many are attracted by its unique mechanism that allows easy mining on smartphones.

Supporters argue that “the project is still in the development phase, and it is too early to draw conclusions at this point.” They also expect that listing on major exchanges such as Binance will significantly improve the value and credibility of Pi Coin.

Binance Community Survey

Binance recently conducted a community survey regarding the listing of Pi Coin, and 86% of participants voted in favor of listing. However, Binance explained that this survey result is treated as reference information, and further evaluation processes are required for the final listing decision.

Criticism and Challenges

Nevertheless, many experts and investors still express concerns. The following points are particularly criticized:

Lack of Transparency: Insufficient information disclosure about the project team and technical details.
Mining Model: Criticism that the mechanism, which differs from traditional cryptocurrency mining, undermines credibility.
Practicality: Lack of blockchain integration and specific use cases.

Future Expectations and Outlook

Despite these criticisms, Pi Network still has room for growth. Particularly if listing on major exchanges and ecosystem expansion progress, it has the potential to enhance connectivity with other blockchain networks and provide more practical use cases.

Summary

Pi Network is attracting attention due to its innovative approach and large user base. However, until concerns about transparency and practicality are dispelled, doubts about its legitimacy will continue. Its fate will largely depend on what countermeasures the project team takes in the future.

What do you, the readers, think? Can Pi Network recover from this adversity and write a new success story? Or is it destined to fade away? Please share your opinions in the comments section.

Pi Network on Binance? Watch for the March 1st Announcement!

コメントを残す

Rumors are spreading that “Pi Network,” a project attracting attention in the cryptocurrency market, may be listed on Binance on March 1, 2025. However, there has been no official announcement at this time, and everything is merely speculation. This article will delve into the background of this topic, community reactions, and the basis of the rumors.

Binance’s Movements: Possibility of Pi Network Listing

From February 17 to 27, 2025, Binance conducted a community poll on its official platform asking if users were “interested in listing Pi Network.” Over 295,000 people participated in this poll, with 86% voting in favor. However, this result is treated only as reference information and has not led to a final decision.

Furthermore, some predict that there will be some kind of announcement on March 1, but no specific statement from Binance has been confirmed at this time.

Pi Network Binance Listing Vote Begins!

Basis of the Rumor: The Number “3.14” and Pi Network

Pi Network, derived from the mathematical symbol “π (pi),” means the ratio of a circle’s circumference to its diameter (3.14) itself. This connection has been noted by some community members. However, there has been no mention or confirmation from Binance regarding such an intentional arrangement.

Community Reactions

Within the Pi Network community, many voices say, “Pi is finally listing on Binance!” Numerous supportive posts have been shared in the comment section, along with hashtags such as “#pinetwork” and “#crypto.”

Optimists: “This is definitely a sign of listing!”
Cautious: “There’s no official announcement yet, so it’s better to be careful.”

On the other hand, there are also many calm opinions stating, “This is just a coincidence.” In any case, attention is focused on the future of Pi Network.

Past Trends: Listing on Other Exchanges

Although Pi Network has been listed on some exchanges on a test basis, it has not yet achieved a full official listing on major exchanges. This situation further heightens expectations for the current rumor.

Caution: This is Purely Speculation

Finally, it is important to emphasize that this information is purely speculation, and nothing has been confirmed at this time. Until an official statement is released from Binance or Pi Network, acting based on this rumor carries risks, so it is important to maintain a cautious stance.

Summary: Pay Attention to March 1!

The rumors about Pi Network and Binance have generated much anticipation and discussion. There are interesting elements such as the predicted announcement date and mathematical connections, attracting attention from many people.

Will this rumor become a reality? While eagerly awaiting the announcement on March 1, let’s also gather information ourselves.

*This article is based on speculation, and investment decisions are made at your own risk.

Future of Pi Coin: KYC Deadline Approaching! Explaining Binance Listing and Price Potential

コメントを残す

A crucial KYC (Know Your Customer) deadline for Pi Network users is approaching today, February 28th at 9 AM. After this deadline, users who have not completed KYC may lose a portion of the Pi coins they have mined, unless they utilize the grace period for Mainnet migration. This article provides a detailed explanation of the latest developments in the Pi Network, the possibility of listing on Binance, price predictions, and its future.

KYC Deadline and Its Importance

The Pi Network KYC deadline is February 28, 2025. This process is essential for ensuring the network’s reliability, eliminating fraudulent and duplicate accounts, and ensuring that only genuine users hold Pi coins. Completing KYC allows full use and transfer of Pi coins on the Mainnet.

How to Complete the KYC Process:

Install the Pi app or Pi Browser and start the KYC application from the ‘Mainnet Checklist’ within the app.
Fill in the required information using a government-issued ID.
Complete face verification (liveness check) and submit the application.

Binance Listing and Market Impact

The potential listing of Pi coin on major cryptocurrency exchanges like Binance is a hot topic. In a community poll on Binance as of February 27th, approximately 85% supported the listing, attracting significant market attention to this expectation. If this move materializes, it could be a significant turning point for the entire community. A listing on Binance could significantly enhance the liquidity and market value of Pi coin.

Expected Impacts of Listing

Increased Liquidity: More investors will have access.
Price Volatility: While a price surge due to increased demand is expected immediately after listing, subsequent adjustments are also possible.
Improved Credibility: Meeting Binance standards will increase investor trust.

Impacts of Binance Listing

Binance is one of the world’s largest cryptocurrency exchanges, with a user base exceeding tens of millions. If Pi coin is listed, the following impacts are possible:

Short-term Price Increase: Based on past examples, a price increase due to increased demand is expected immediately after listing, but the specific value depends on market conditions.
Medium to Long-term Stability: Price stability requires sustained demand driven by partnerships with companies and expansion of practical use cases.

Mainnet Launch and Future Outlook

The Mainnet officially launched on February 20, 2025, moving the Pi Network into a new phase. This allows for transfers to external wallets and trading on exchanges, and expansion of the ecosystem is anticipated.

Key Points to Watch:

KYC Completion Rate: The entire ecosystem is strengthened as more users complete the KYC process.
Partnerships: Expansion of adoption through partnerships with new exchanges and companies.
Community Activity: An active community is key to project success.

Risks and Challenges

On the other hand, Pi Network also faces the following risks:

Selling Pressure from Early Miners: It is believed that early miners hold a large number of tokens, and there is a risk of price decline due to mass selling after listing.
Regulatory Risks: There is a possibility of facing criticism in some regions (e.g., China) and legal issues such as securities regulations.

Conclusion

With the KYC deadline and the possibility of a Binance listing, 2025 is a crucial year for the Pi Network. These developments will contribute to the increase in Pi coin’s value and the expansion of the ecosystem. This innovative project remains one to watch.

The KYC deadline is fast approaching. If you haven’t completed the process yet, act now!

Pi Network: The Future of Cryptocurrency and Global Expansion

コメントを残す

Pi Network is attracting attention as a cryptocurrency that can be easily mined on everyday devices such as mobile phones and computers. In particular, it is noted for providing a user-friendly environment and lowering the barrier to entry for a wide range of people into cryptocurrencies. Furthermore, the fact that the operating members include graduates from Stanford University has also become a topic of discussion, adding to its academic credibility.

Donald Trump’s Executive Order and Pi Network: The Background of the Rumors

In recent years, various laws and executive orders regarding cryptocurrency regulation have been debated in the United States. While speculation spread in some circles that “the transition of Pi Network to Open Network will be affected by US policy, particularly executive orders,” the official launch of the Open Network on February 20, 2025, has made the truth of these rumors unclear. Nevertheless, the impact of US policy trends on the spread of cryptocurrencies is noteworthy.

The Impact of Executive Orders on Cryptocurrencies

The cryptocurrency world is greatly influenced by changes in presidents and administration policies. For example, when the head of the Securities and Exchange Commission (SEC) changes, the policy on how tokens are treated can change. The Pi Network side also believes that if the US government promotes flexible and clear legal frameworks for cryptocurrencies, it could accelerate the global adoption of the network.

Pi Network and Stellar: The Relationship of Technical Foundations

Pi Network is said to have many common points with the Stellar network. Stellar is a cryptocurrency platform known for fast transactions and low costs, and its application as an enterprise solution has advanced through collaborations with companies like IBM. Pi Network adopts Stellar’s Consensus Protocol (SCP), enabling an approach where individual users can operate nodes on mobile devices and computers.

Specifically, a major feature is the ability to verify transactions through individual devices, leveraging the concept of Federated Byzantine Agreement (FBA) adopted by Stellar. This eliminates the need for special mining equipment, creating an environment where more users can easily participate.

Differences from Stellar and the Spread of Pi Network

While Stellar focuses on enterprise use cases, Pi Network prioritizes widespread adoption among general users and aims for community-driven growth. The intersection of these two models is expected to lead to the global spread of digital currency.

US Policy and Cryptocurrencies: Expectations for Pi Network

In the United States, there is a history of various authorities, including the SEC, pursuing cryptocurrency-related lawsuits and strengthening regulations. At one point, many cryptocurrency companies were fined huge amounts, creating uncertainty in the industry. However, with new leadership, proponents of cryptocurrency may emerge, and fair and transparent rule-making could progress. Pi Network has the potential to accelerate its global expansion if US policy moves in a favorable direction for cryptocurrencies.

Transition to Open Network and Market Impact

Pi Network’s Open Network began external connections on February 20, 2025, making it available for use as a currency on a global scale. If US policy leans towards actively supporting cryptocurrencies, attention will quickly gather on Pi Network’s value and achievements. On the other hand, if legal frameworks are delayed or regulations are excessively strengthened, widespread adoption may not proceed as planned, raising concerns about a decrease in expectations.

The Future of Pi Network: The Challenge of a Global Currency

Pi Network is also said to have a vision of aiming for a “common currency for humanity” and is trying to form a community by involving many users. While the ecosystem becomes stronger as the number of users increases, what kind of use cases are established during the transition to the open network is a crucial key. If listing on major exchanges like OKX and Bitget is realized and collaborations with companies around the world progress, its practicality and credibility will further increase.

The Future of the Cryptocurrency Industry and Contribution to Society

The total market capitalization of the cryptocurrency market sometimes fluctuates significantly, but further expansion can be expected if technological innovation and social needs match. If currencies like Pi Network, which reduce the environmental burden of mining and the cost of introducing large-scale equipment, increase, the decentralized economic zone where more people participate may expand.

Furthermore, the movement to explore the ideal form of a global currency suitable for the digital age has significant benefits for governments, companies, and the general public alike. In particular, if faster international remittances and reduced fees are realized, it will contribute to improving the efficiency of economic activities and promoting financial inclusion. Whether Pi Network can realize these visions and be accepted globally is one of the highlights of the future cryptocurrency market.

Summary: Attention on the Future of Pi Network and Cryptocurrencies

Pi Network is building an environment where a wider range of users can participate, based on Stellar’s technology. As a US-based project, the trend of the US government’s cryptocurrency policy is seen as significantly related to the progress of the Open Network. If the cryptocurrency industry is positively supported by executive orders or changes in SEC policy, there is a strong possibility that Pi Network will grow as a global currency.

However, to establish a solid position in the cryptocurrency market, it is necessary to clear multifaceted challenges such as legal frameworks, security, and usability. While Pi Network has the support of many participants, the Open Network began on February 20, 2025, and the concretization of use cases is in progress. Further developments are expected in the future. It is important to have the insight and action to adapt to the changes of the times.

Pi Network: Open Network Migration and Market Rank 13 Update

コメントを残す

On February 20, 2025, at 8:00 AM (UTC), the Pi Network officially transitioned to the open network. This transition allows Pi tokens to be traded on external wallets and some exchanges, which is expected to further increase its visibility in the cryptocurrency market.

What is the Transition to the Open Network?

Previously, the Pi Network operated as a “closed ecosystem,” with transactions limited within the ecosystem. During this phase, the completion of the KYC (Know Your Customer) process and the development of applications within the ecosystem were underway. However, with the transition to the open network, trading on external wallets and exchanges has been unlocked, allowing it to function as a complete cryptocurrency.

Market Ranking 13th: The Growth of Pi Network

As of February 25, 2025, according to some market data, the Pi Network ranks 13th in cryptocurrency rankings, with an estimated market cap of approximately 10 billion dollars. However, Pi tokens may currently be traded on an IOU (I Owe You) basis, and the official market value depends on future developments.

Comparison with Major Cryptocurrencies

Bitcoin (BTC): Market Cap $1.90 Trillion
Ethereum (ETH): Market Cap $328.71 Billion
XRP: Market Cap $144 Billion

Compared to these, the Pi Network is still an emerging force, but its growth rate is attracting attention.

Price Volatility and Liquidity Issues

Immediately after the open network transition, the Pi token reportedly recorded an initial price of approximately $1.97 on some exchanges, then temporarily dropped to $0.73, but has since recovered to around $1.57 (based on the latest information as of February 25, 2025). This rapid fluctuation is due to market liquidity shortages and investor sentiment. Some cryptocurrency analysts point out that this price instability is caused by market liquidity shortages and speculative trading, which could pose challenges to long-term stability.

Summary

The Pi Network has successfully transitioned to the open network and has achieved a high ranking of 13th in market rankings. However, challenges such as price volatility and liquidity shortages remain, and future developments are being watched closely. By utilizing SEO optimization when publishing the latest information about the Pi Network, it is expected to reach a wider audience. Let’s keep an eye on the trends in the cryptocurrency market and the further growth of Pi.

Pi Network: Will it Replicate Bitcoin’s Success or End in Failure? 2025 Full Analysis

コメントを残す

On February 20, 2025, the Pi Network officially launched its long-awaited open mainnet after six years. This milestone made it possible to transfer Pi coins to external wallets and made listings on major exchanges and the deployment of decentralized applications (DApps) a reality. Boasting over 60 million users (Pioneers), this project is expected to have the potential to replicate historical successes like Bitcoin. However, numerous challenges have emerged, such as a sharp price drop immediately after launch, KYC issues, and criticisms of centralization, leading to increased skepticism. This article will analyze the technical characteristics, market reaction, price trends, and long-term outlook of the Pi Network in detail, exploring its future potential from multiple angles. Will it be the second coming of Bitcoin, or will it end in failure? We will provide a thorough explanation from the latest perspective in 2025.

What is Pi Network? Project Origins and Vision

Pi Network is a cryptocurrency project launched in 2019 by Dr. Nicolas Kokkalis and others from Stanford University. Unlike Proof-of-Work (PoW) like Bitcoin and Ethereum, it adopts the energy-efficient Stellar Consensus Protocol (SCP), enabling easy mining on smartphones. Its goal is to “make cryptocurrency accessible to everyone and build a global digital economy.” As of February 2025, it has gained over 60M+ users and its followers on X exceed 3.7 million, growing to a scale surpassing Ethereum. The launch of the open mainnet is a crucial step in realizing this vision.

Significance of the Open Mainnet: What Has Changed?

The open mainnet signifies Pi Network’s transition from a closed ecosystem to an open and interoperable blockchain. In the previous “Enclosed Mainnet” (launched in December 2021), transactions were limited internally, but with the launch of the open mainnet on February 20, 2025, at 8:00 UTC, the following transformations have been realized.

External Connectivity: Pioneers can now move Pi coins to external wallets. For example, transfers to MetaMask and Trust Wallet are now allowed.
Exchange Listings: OKX and Bitget started trading the Pi/USDT pair on February 20. With rumors of a Binance listing, liquidity has dramatically improved.
DApp Deployment: Decentralized application development is accelerating, with marketplaces and games utilizing Pi scheduled to appear one after another.
Node Opening: Anyone can now operate a node, marking the first step towards true decentralization.

Impact: This has evolved Pi from just a “free mining app” into a practical cryptocurrency. Adoption in e-commerce and P2P payments is anticipated.

Price Trends and Market Reaction: The Sharp Drop Immediately After Launch and Its Background

Immediately after the open mainnet launch, the Pi coin price showed dramatic fluctuations. While it plummeted from $2 at launch to $0.76 in just a few days, the 24-hour trading volume exceeded $100 million (as of February 22). This movement reflects the market sentiment where expectations and anxieties are intertwined.

Factors Behind the Price Drop: Three Core Reasons

KYC Issues: While 19 million people have completed KYC verification, there are many unverified users, and Pioneers who failed to migrate their mining rewards increased selling pressure.
Centralization Criticism: Nodes are managed by the Pi Core Team, raising questions about the stated principle of being “decentralized.” Bybit CEO Ben Zhou publicly expressed “fraud concerns” and refused to list it.
Scandals and Trustworthiness: Past IOU trading scams and repeated Mainnet delays have become a trauma, making some investors skeptical. On X, there were also voices saying “shorts will be squeezed.”

Market Reaction: Both Positive and Negative Extremes

Positive: Initial demand was strong, such as a 70% surge immediately after the OKX listing ($50→$90) before settling at $80. The community’s enthusiasm served as support.
Negative: Increased volatility after the sharp drop led speculators to engage in short-term trading, giving an impression of lacking stability.

Data Perspective: According to CoinGecko’s assumption, the circulating supply is 550 million coins (unlocked portion) against a total supply of 100 billion coins. The current market cap is about $500 million, but the dilution risk upon full circulation is a concern.

Is the $10 Target Price Realistic? Possibilities and Obstacles

Some members of the Pi community dream of reaching “$10” and are engaging in heated discussions on social media. We will examine the basis and realism of this goal.

Factors for Rise: The Path to $10

Large User Base: 60M+ Pioneers are an asset unmatched by other cryptocurrencies. If practicality is proven, demand will surge.
Expanded Exchange Listings: If Binance or Coinbase list it, liquidity and credibility will improve, bringing $10+ within sight.
Token Burn Strategy: Burn (destroy) unverified Pi to reduce supply. If the supply-demand balance improves, it will boost the price increase.
E-commerce Adoption: If achievements at PiFest and rumors of partnership with Amazon materialize, real demand will push up the price.

Obstacles: The $10 Wall

Supply Glut Risk: If the total supply of 100 billion coins fully circulates, a market cap of $100 billion (at $10) would be required. This is unrealistic compared to the current total crypto market cap of $3.3T.
Competition: Alternatives like Solana and Polygon, which are fast and low-cost, exist, potentially diluting Pi’s uniqueness.
Regulatory Pressure: Mobile mining and KYC are subject to scrutiny by authorities. Risk of stricter regulations in the US and China.

Prediction: Reaching $10 in the short term (within 2025) is difficult, but the $2-$5 range is realistic. In the long term, exceeding $10 is not a dream depending on adoption, but overcoming challenges is a prerequisite.

Long-Term Outlook: Second Coming of Bitcoin or a Failed Project?

While Pi Network aims for historical success like Bitcoin, the possibility of it ending in failure is also pointed out. We will analyze both scenarios.

Success Scenario: Replicating Bitcoin

Accessibility: Mobile mining accelerates adoption in emerging countries. Support is expanding in India, Vietnam, and South Korea.
Ecosystem Growth: Success of DApps and marketplaces makes Pi a “daily currency.” Goal of 100 apps by the end of 2025.
Community Strength: The unity of 60M users is reminiscent of Bitcoin’s early grassroots movement.

Failure Scenario: An Anticlimactic End

Loss of Trust: Users leave due to centralized operation and lack of transparency. X posts also mention “low selling pressure but concern about being forgotten.”
Lack of Practicality: If DApps are disappointing, it will end up as a speculative asset and its value will approach zero.
Defeat in Competition: Buried among major cryptocurrencies, it will only survive in a niche market.

Moderate Scenario: Even if explosive success like Bitcoin is difficult, there is a possibility of establishing a position as a mid-tier cryptocurrency (e.g., similar to XRP or ADA).

Future Challenges: The Path to Success

For Pi Network to succeed, it must overcome the following challenges.

Improvement of KYC Process: Urgent need for relief measures and acceleration for unverified users. Increase verification rate to alleviate selling pressure.
Transition to Decentralized Management: Open node operation to the community to dispel centralization criticism.
Regulatory Compliance and Trust Improvement: Ensure legal transparency and gain the trust of governments and investors.
Proof of Practicality: Establish concrete use cases in e-commerce and payments early on.

Suggestion: The Pi Core Team should enhance transparency through roadmap publication and AMA (Ask Me Anything).

Investment Scenarios: Price Predictions for 2025-2030

Based on market data and expert opinions, we present price scenarios for Pi coin. These are merely predictions and depend on various factors.

2025

Optimistic: $5-$10 (with expanded exchange listings and accelerated adoption)
Realistic: $1-$3 (after stabilization and volatility convergence)
Pessimistic: Below $0.20 (due to loss of trust and selling rush)

2030

Optimistic: $50-$100 (establishing status as a global currency)
Realistic: $10-$20 (settling as a mid-tier cryptocurrency)
Pessimistic: Below $1 (due to project stagnation)

Note: Compared to Bitcoin’s $96K (as of February 2025), Pi has significant growth potential, but the risks are proportional.

Conclusion: Predicting the Future of Pi Network

Pi Network has taken a significant step with the launch of its open mainnet. Its 60 million strong community and unique mobile mining approach provide a foundation worthy of dreaming of success like Bitcoin. However, if it fails to overcome hurdles such as KYC issues, centralization criticism, and proving practicality, the path to failure becomes visible. 2025 will be a crucial year, testing its transparency and execution capabilities. How do you see the future of Pi? Share your thoughts in the comments!

*This article is based on information as of February 23, 2025. Cryptocurrency investments involve volatility risks, so please make decisions at your own discretion.