On May 8, 2025, the price of Pi Network (PI) rose by 11%, reaching $0.65, amid rumors of a possible listing on Binance. According to reports on X, activity in the Binance wallet on the Stellar blockchain fueled speculation. The trading volumes for the day increased by 133%, surpassing $100 million, indicating heightened interest from investors.
The launch of the Pi Network mainnet in February 2025 strengthened decentralization, and the upcoming announcement on May 14 at Consensus Toronto could act as a catalyst for further growth. However, there is still no official confirmation from Binance, and skeptics, particularly Bybit, express concerns about potential fraud. At the time of writing, the price of Pi has adjusted to $0.61 but remains in the focus of the crypto community.
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