Is Pi Coin About to Get a Binance Listing? Test Transactions Fuel 11% Surge
Speculation around potential Binance-linked wallet activity may soon boost Pi Coin price prediction, as signs of untapped exchange demand emerge.The rumors have positioned PI as a frontrunner in the “best crypto to buy”...
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Speculation around potential Binance-linked wallet activity may soon boost Pi Coin price prediction, as signs of untapped exchange demand emerge.
The rumors have positioned PI as a frontrunner in the “best crypto to buy” conversation, notching an 11% rally in early Thursday trading—though momentum has since cooled.
On the back of a hawkish-but-uncertain FOMC meeting and an anticipated US-UK trade agreement, PI finds itself in a fertile environment for growth as market headwinds begin to clear.
Is a Binance Listing Imminent? Experts Think soA popular crypto community researcher known as Moon Jeff noted that a Binance-linked Stellar deposit wallet is now active on the Pi mainnet.
Is $PI finally coming to Binance?
The Binance stellar deposit wallet which is the same as their $PI wallet has started testing transactions on the $PI chain.
The wallet (GABFQIK63R2NETJM7T673EAMZN4RJLLGP3OFUEJU5SZVTGWUKULZJNL6) is testing the transactions. #PiNetwork pic.twitter.com/2lUqPy5Ivi
A second wallet has also seen similar activity, sending 1 PI for what appears to be Know Your Customer (KYC) and Know Your Business (KYB) verification.
While neither Binance nor the Pi Network core team has issued an official statement, traders are interpreting these moves as a potential prelude to a listing.
Adding to the buzz, Pi Barter Mall—a prominent X Pi community platform—claimed on May 1 that Pi Network is “in final negotiations” with Binance.
PI Coin Price Analysis: Could This Be the Catalyst for a SurgeA Binance listing could be the catalyst Pi Coin needs to complete a breakout from the descending channel forming since its mainnet launch rally.
PI / USDT 1-day chart, descending channel breakout. Source: TradingView / OKX.Since its initial breakout in mid-April, Pi Coin has been range-bound between $0.55 and $0.80, struggling to break higher. It currently stands 65% below the pattern’s $1 target.
This stagnation is largely driven by inflationary pressures. Despite buyer dominance, the MACD line remains in a sidetrend, closely tracking above the signal line.
With $151 million in tokens set to unlock in the next 30 days, according to PiScan data, supply continues to outpace demand, limiting bullish momentum.
That said, the RSI has moved out of oversold territory near 30, reaching 47, signaling a potential momentum shift as it approaches the neutral line at 50.
Looking ahead, May could be pivotal for Pi Coin, with an expected May 14 ecosystem announcement and a showcase at Consensus 2025.
We have seen Binance $PI deposit and withdrawal simulation.
Now PCT has an announcement on the 14th of this month.
Your guess can be as good as mine.
Or even better. #PiNetwork pic.twitter.com/korkEVY6mb
Commentators believe these events could spotlight the Pi Network’s ecosystem, shifting its narrative beyond a highly inflationary, speculative asset with limited use case.
With these stacking catalysts, Pi Coin could break the $1 target, potentially eying further resistance at $1.40 and $1.70.
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The post Is Pi Coin About to Get a Binance Listing? Test Transactions Fuel 11% Surge appeared first on Cryptonews.
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