Whether the virtual currency PI should be listed on Binance involves multiple complex factors.

1. PI was developed by a Stanford team and aims to reduce cryptocurrency mining through mobile devices.

2. PI uses the Stellar Consensus Protocol (SCP), and its technical feasibility and innovation need to be assessed.

3. PI has a large number of existing users, indicating a certain market demand for it.

It is necessary to assess the actual application scenarios and market demand for PI to ensure it has real value.

### 4. Compliance and Regulation

- Compliance: PI must comply with the laws and regulations of various countries, especially anti-money laundering (AML) and know your customer (KYC) requirements.

- Regulatory risk: It is necessary to assess the regulatory risks of PI in different jurisdictions.

### 5. Liquidity

- Liquidity demand: Listing on Binance can enhance PI's liquidity, but it is necessary to ensure there is sufficient trading volume to support it.

- Market impact: Listing may cause short-term fluctuations in the price of PI, and this needs to be evaluated in advance.

### 6. Community and Ecosystem

- Community support: Strong community support is beneficial for the long-term development of PI.

- Ecosystem: It is necessary to assess whether PI's ecosystem is sound and whether there are enough developers and application support.

### 7. Binance's Listing Standards

- Review process: Binance has a strict review process for new listings, and PI must meet its technical, compliance, and market requirements.

- Competition and differentiation: PI needs to demonstrate its differentiated advantages compared to other cryptocurrencies.

### Conclusion

Whether PI is listed on Binance depends on various factors such as its technology, market demand, compliance, liquidity, and community support. If PI can meet Binance's listing standards and demonstrate long-term potential, listing on Binance will help its further development.

It is recommended that the PI team communicate with Binance to understand the specific listing requirements and prepare adequately.