Binance Rejected Pi Coin From Its “Vote to List” Procedure for a Second Time During Its Latest Cycle

Binance decided to exclude Pi Coin from its “Vote to List” procedure for a second time during its latest cycle. The Pi Binance rejection has sparked concerns

Binance, a leading cryptocurrency exchange, has decided to exclude Pi Coin (PI) from its “Vote to List” procedure for a second time during its latest cycle. This decision has sparked concerns about the token’s future value and potential for mainstream adoption.

A second rejection of Pi (PI) marks a consecutive failure for its supporters pursuing mainstream exchange approval. Multiple concerns about Pi Coin’s mainnet restrictiveness led to its rejection by Binance. External blockchain verification tools help major exchanges understand project liquidity and decentralization, but the Binance platform and similar exchanges face complications due to their difficulty in assessing such factors without external verification.

Understanding the Reasons Behind Pi Binance Rejection and Its Consequences

The ruling illustrates a set of regulatory issues which affect Pi Coin operations. The strict compliance rules that Binance employs, along with Pi Coin’s nonexistent regulatory certifications or unclear compliance plan, increase the company’s doubts. The governance structure of Pi Coin maintains centralization since the PiCoreTeam maintains strict control over development while operating the network. The path to listing for the platform faces difficulties because it follows a centralized approach, which opposes the decentralized structure used by major exchanges.

The Pi token price has dropped significantly, with the cryptocurrency losing a substantial amount of value in recent days. A major market response that resulted in its price dropping to $0.7012, marking a fresh market low and causing a substantial erosion of its market capitalization. The rejection from Binance is a major setback for the token’s developers and community, who had been hoping for a listing on the popular exchange.

The absence of exchange support has restricted market liquidation, which hinders adoption opportunities in terms of user adoption. The standing of Binance and leading exchanges toward Pi Coin remains unresolved because the network has not implemented adequate transparency measures combined with decentralization features. The public should receive updates from official sources while approaching Pi Coin with measured interest because of its present difficulties.

Pi Price Prediction: Will the Token Recover from Its Recent Losses?

According to OKX, the trading signal on the platform reveals bearish market conditions because prices could not surpass the $0.70 resistance. The market valuation experienced a continual drop after the significant decline below $0.65 and now stands at $0.6260. Market weakness remains prevalent until investors enter the support boundaries between $0.62 and $0.625. The price might extend its bearish movement if support at this level does not successfully defend it. A possible market recovery would reach $0.65 as its first crucial resistance area. The RSI has moved into a position that indicates selling pressure exhaustion, so the market could bounce shortly.

Analyzed by Triparna Baishnab, published on TradingView (April 3, 2025)

The Death Cross on the MACD created a bearish momentum that opposed the previous Golden Cross, which indicated bullish trends. Market continuation in a downward direction is likely when the MACD indicator stays negative without RSI breaking above the 30 marker. The next trading direction will become visible through a reversal pattern or unless support fails. Traders need to pay attention to $0.62 as a fundamental support level, along with $0.65 serving as primary resistance. As traders and investors try to make sense of the token’s recent price movements, Pi price prediction models are being put to the test.

What’s Next After the Pi Token Price Drop? Retrace or Freefall?

The multiple times Pi Coin failed to make it to Binance’s “Vote to List” further raised doubts about its decentralized nature and regulatory openness, thereby triggering a major market value drop. The rejection from Binance occurred because Pi Coin uses incompatible practices, such as limited mainnet access and its lack of external verification tools and centralized governance control systems, which violate exchange requirements based on decentralized standards. Current market uncertainty has forced Pi tokens to drop to their newest all-time low at $0.6260 while bearish investments remain in control unless $0.62 maintains its support level.

The selling momentum might have reached its limit according to technical signals, yet bearish traction prevails since both RSI failed to rise above 30 and MACD remains in negative territory. The lack of a major exchange listing makes Pi Coin struggle with adoption challenges and liquidity problems while its future remains uncertain until the project enhances transparency and decentralization processes.