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Cryptocurrency News Articles

Key Insights: Pi Network Prepares for Token Unlocks, Binance Listing Rumors Swirl

Mar 12, 2025 at 02:44 pm

Pi Network has been stirring up some buzz lately, and it is not difficult to see why.

Key Insights: Pi Network Prepares for Token Unlocks, Binance Listing Rumors Swirl

Pi Network has been heating up, and it’s not hard to see why. Zito Realty LLC just started accepting Pi tokens for real estate transactions, which is a huge deal for a cryptocurrency that’s still finding its footing.

Today, Pi is trading at $1.38 after a tiny 0.15% dip—not bad considering Bitcoin saw a steeper 2.3% slide and Ethereum faced a rougher 8% decline. Trading volume is lighter, dropping 46% to $527.7 million, with prices trading between $1.30 and $1.45 over the last 24 hours.

But even with the broader market downturn, Pi is showing more resilience than most.

Pi Network Unlock Surge Looms Large

According to PiScan, daily unlocks are averaging 9.05 million Pi—about $18.11 million—now. On March 17, 23.1 million Pi ($46.27 million) are due for unlock, followed by an even bigger drop of 23.4 million Pi ($46.88 million) on March 21. Over the next month, a whopping 271.68 million Pi, or roughly $543.36 million, will enter circulation.

This massive influx of tokens could easily exert downward pressure on the price, especially if demand does not manage to keep pace with the new supply.

Binance Listing Rumors Fuel Optimism

On the other hand, there’s some serious optimism in the air. Rumors have been swirling about a potential listing on Binance, which would be a huge deal for Pi, which is already the 11th largest cryptocurrency by market cap.

If Binance does decide to list Pi, it could open up the doors for massive liquidity and attract traders who have been following Pi from the sidelines. This move might also pave the way for listings on Coinbase or Upbit, expanding Pi’s reach to the U.S. and South Korean markets.

Pi Day Announcements Add Excitement

Coming up on March 14, 2025, is Pi Day, and the team is promising some big announcements. Anticipation is running high, with investors eager to hear what the team has been cooking up. Could it be new features, partnerships, or something else entirely?

Whatever it is, it’s putting a positive spin on the long-term outlook for Pi. Zito Realty’s decision to accept Pi already showcases the token’s increasing presence in the real world.

If more businesses decide to accept Pi, it could create a snowball effect—attracting new users, traders, and ultimately, putting a network that’s currently largely ignored into the mainstream spotlight.

Market Trends Offer Mixed Signals

The broader market trends are offering mixed signals. Pi is down 24% over the past week and 19% since its February 20 debut, but it’s still showing resilience as Bitcoin faces a potential decline to $70,000 and Ethereum signals investor nervousness.

However, Pi’s U.S.-centric vibe could catch a wave if American sentiment improves, and if Bitcoin manages to break past $100,000, sparking a broader crypto rally, then Pi could ride that momentum alongside tokens like Solana or Ethereum.

For now, it’s a waiting game as traders monitor how Pi juggles these massive unlocks with its growing list of catalysts.

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Other articles published on Mar 12, 2025