Pi Coin unexpectedly attracts attention as Binance changes its listing criteria.
Pi Coin is emerging as a potential candidate for Binance's new listing, after the world's largest cryptocurrency exchange updated its token listing standards.
This move has led many to believe that Pi Coin may soon be listed on Binance, especially as 86% of participants supported the listing in a Binance community survey, with nearly 295,000 votes.
Binance overhauls the listing process, prioritizing transparency and high standards
Recently, Binance has divided the listing process into three clear groups: Alpha, Futures, and Spot.
Each group has its own criteria, but generally prioritizes transparency, security, usability, and scalability. In particular, projects will be closely examined for the development team, technical history, and legal factors.
Assets that have traded elsewhere (like BitMart) wanting to enter Binance's Futures or Spot must meet liquidity, market capitalization, and price stability requirements.
Pi Coin: from controversy to compliance efforts
After temporarily halting trading due to risks related to the 'Know Your Business' (KYB) policy, Pi Coin has returned to BitMart, showing efforts to comply with regulations.
According to expert Dr. Altcoin, the Pi team is buying back millions of tokens to reduce selling pressure.
Additionally, the Pi ecosystem is expanding with the recently approved decentralized application FruityPi, and there may be more dApps in the future.
According to some analysts, the price of Pi Coin could reach $5 if it continues to receive community support and meets Binance's criteria.
