Comments by Binance founder Changpeng 'CZ' Zhao expressing appreciation for meme culture have ignited a fresh wave of debate, with supporters of Pi Network (PI) questioning why their project remains unlisted on the world's largest cryptocurrency exchange despite its massive user base. CZ recently stated he likes meme culture and finds certain meme-driven ideas "sticky," remarks that, while not directly referencing Pi, have fueled community frustration.
Members of the Pi Network community argue the project, which boasts tens of millions of users worldwide and a growing ecosystem, continues to be overlooked by Binance. They contrast this with the exchange's listing of numerous meme coins with limited utility. The Pi Barter Mall account on X (formerly Twitter) explicitly called out Binance, stating, "$PI boasts tens of millions of real users and a global community base. Yet, Binance, a top global exchange, continues to list low-quality meme coins while consistently ignoring $PI."
Pi Network launched its open mainnet in early 2025 after years of development. Since then, Pi Coin (PI) has become tradable on several secondary exchanges including OKX, Bitget, and MEXC, but remains conspicuously absent from Binance. The exchange has not issued any official statement regarding a potential PI listing. In the past, a Binance community vote showed overwhelming support for listing Pi, but the vote did not lead to an actual launch.
Analysts point to several potential reasons for the delay. Pi Network's blockchain code is not fully open source, and there is no widely recognized third-party security audit publicly available. It is also unclear if the project has formally completed Binance's stringent listing application process, which typically involves rigorous security reviews, transparency checks, and assessments of regulatory readiness.
Amid this backdrop, Pi Coin's market activity shows signs of life. Trading data indicates PI's 24-hour trading volume jumped roughly 30% to about $16 million as the price clings to a key support zone between $0.20 and $0.21. The token is testing a crucial support level at $0.1952, which represents the October and December lows and forms a potential double-bottom structure on the daily chart. Technical indicators, including the Relative Strength Index (RSI) and Percentage Price Oscillator (PPO), show a bullish divergence, suggesting waning selling pressure. However, a clean break below the $0.1952 support would invalidate the current rebound setup.
