Based on the information available in the survey results, there is significant expectation that **Pi Network** will be listed on reputable global exchanges as early as **2025**, with the **open mainnet** launch scheduled for the **first quarter of the year** (January to March). However, there is still uncertainty about the exact timing of this deadline, given previous delays and the need to meet milestones such as migrating 10 million users to the mainnet and developing 100 functional applications.

### Analysis on Listing and Valuation

1. **Listing on Global Brokers**:

- **Binance**, one of the largest cryptocurrency exchanges in the world, announced that it will list Pi Network on **January 1, 2025**, which generated great expectation in the market.

- Other exchanges may also follow suit, especially if the mainnet is successfully launched and the coin gains liquidity and adoption.

2. **Potential Valuation**:

- Currently, the price of Pi (PI) is estimated to be around **$48 to $65**, depending on the source and trading context (P2P or secondary markets).

- After the mainnet launch, analysts project that the price could reach levels between **$75 and $100** in 2025, depending on adoption and ecosystem development.

- In more optimistic scenarios, with greater adoption and utility of the currency, the value could exceed **$100**, especially if there is a "bull run" in the cryptocurrency market.

3. **Factors that Influence Valuation**:

- **Adoption and Utility**: Pi Network’s ability to create a robust ecosystem with real applications and commercial partnerships will be crucial to its valuation.

- **Market Conditions**: The overall performance of the cryptocurrency market, including the price of Bitcoin and other coins, can directly impact the value of the IP.

- **Transparency and Trust**: Delays or technical issues in the mainnet launch can generate distrust and put downward pressure on the price.

### Conclusion

Pi Network has the potential to be listed on global exchanges such as Binance as early as 2025, with an initial valuation projected between **$75 and $100**. However, this will depend on the success of the mainnet launch, ecosystem adoption, and market conditions. Investors should stay tuned for official announcements and the achievement of the goals set by the project team.

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