PI Network Sees $100M+ Daily Trading Volume But Binance, Coinbase Listing Key for Next Leg Up

• PI sees rising exchange traction, but Binance and Coinbase still hold out
• High supply cap raises concerns over long-term price stability for PI token
• Technical indicators suggest neutral sentiment with potential short-term rebound

Since Pi Network launched its Open Network on February 20, 2025, the project, which began as a mobile mining experiment back in 2019, has made serious headway in the cryptocurrency market. Now boasting over 60 million engaged users known as Pioneers, its move to an Open Mainnet was a critical step, opening the door for legitimate exchange listings and real trading activity. 

With interest clearly on the rise, the big question for the Pi community is: which top-tier centralized exchange (CEX), like Binance or Coinbase, will list the PI token next? So far, both exchange giants are keeping quiet on the matter, but talk among the Pi community is loud.

PI Token Actively Traded on OKX, Gate.io; $100M+ Daily Volume, But 100B Total Supply Raises Questions

Currently, PI is actively traded on several established CEXs, including OKX, Gate.io, BitGet, MEXC, and BitMart. These listings have certainly boosted Pi Network’s market visibility and brought in substantial daily trading volume. 

OKX, for instance, reports high liquidity on its PI/USDT pair, which is helping to drive the current 24-hour trading volume for PI above the $100 million mark. The circulating supply of PI stands at 7.26 billion, out of a massive total supply of 100 billion tokens—a number that does bring up some concerns about potential long-term supply-driven price pressure.

However, just having trading activity and listings on some exchanges isn’t enough to guarantee a spot on top platforms. Factors like regulatory compliance, business verification through processes like KYB (Know Your Business), and blockchain compatibility all play crucial roles. It’s worth noting that several exchanges, including MEXC and Gate.io, have already successfully completed Pi Network’s KYB requirements, signaling their commitment to deeper integration.

Related: Pi (PI) Price Prediction for May 30: Breakdown Pressures Intensify as Momentum Fades

Binance, Coinbase Listings for Pi Network (PI) Remain Elusive Despite Strong Community Push

Despite a successful community vote campaign in early 2025 where over two million participants overwhelmingly backed a listing (86% in favor), Binance has yet to make a move to list PI. 

While Binance has stayed silent on the issue, many Pioneers feel their massive user base is being overlooked and continue to push for Pi’s inclusion on the platform. Some in the community speculate that technical differences, such as Pi not operating on the BNB Smart Chain, could be a hurdle for a Binance listing.

Related: Pi Network (PI) Price Surges Over 9%, But Mainnet Access, Utility Concerns Linger

Coinbase, on the other hand, has shown even less visible public interest so far. Although a Pi Day 2025 tweet from its legal chief did stir some rumors among the Pi community, nothing concrete has developed from it. Given Coinbase’s strong focus on regulatory compliance and its generally cautious approach to new listings, PI might face a longer wait there unless its widespread community interest can translate into compelling strategic appeal for the exchange.

PI Price at $0.71 Shows Bearish Trend; $0.70 Support Critical, MACD/RSI Neutral

Looking at the market, PI is currently trading around $0.70, with recent chart patterns indicating a bearish trend. Short-term resistance for PI is seen at $0.7372, while key support is also around the $0.70 mark. A sustained drop below this crucial support level could open the door for further price declines. Conversely, if PI can reclaim the $0.730 level, it might suggest renewed bullish momentum for the token.

The MACD indicator currently shows weak momentum for PI, but its positive histogram does offer a slight hint of a possible short-term recovery. RSI readings for PI are leaning neutral, reflecting the current broader market indecision regarding the token’s next move.