PI Network Price Eyes Breakout—$300 Possible with Binance Approval?

• Pi Network is set to launch on February 20, while Binance is conducting a community vote to decide whether to list Pi Coin on its exchange.
• MEXC Exchange has listed Pi Coin for pre-market trading, a move expected to increase investor interest ahead of its official spot market launch.

The long-awaited Pi Network (PI) launch into the open market is finally happening on February 20, 2025. This transition marks the official end of its Enclosed Mainnet phase, which began in December 2021. With this major milestone, the crypto community is buzzing with excitement as traders and investors speculate on the coin’s price trajectory and market impact.

With Pi Network’s transition to the open market, analysts anticipate further price gains, with projections of a potential rally to $200, driven by rising market participation, growing investor interest, and exchange listings. Adding to the excitement, VictorICP, a Web3 content creator on X has predicted that PI could surge to $314 after launching. As the coin officially enters open trading, the market will soon determine whether these predictions hold true.

Meanwhile, PI Coin is currently trading at $63.47, reflecting a 5% drop in the past 24 hours and a 12% decline over the past week. Despite short-term fluctuations, Pi Network continues to expand, boasting over 60 million engaged users, with over 19 million identity-verified through its native KYC solution and over 10 million successfully migrated to its Mainnet.

Binance Community Vote on PI Listing

A significant factor influencing PI’s market outlook is Binance’s community vote on whether to list Pi Coin on its platform. As the world’s largest cryptocurrency exchange by daily trading volume, a Binance listing could dramatically boost PI’s liquidity, accessibility, and adoption.

The voting process began on February 17 and will remain open until February 27, 2025, at 23:59 UTC. Importantly, only votes cast under the official post on Binance Square Official will be considered. According to recent updates, more than 85% of the votes have been cast in favor of listing PI, indicating overwhelming support from the crypto community. However, despite this strong backing, the final decision remains solely in Binance’s hands.

MEXC Exchange Lists PI for Pre-Market Trading

In another major development, MEXC Exchange, a leading global cryptocurrency trading platform, has listed PI for pre-market trading. This move allows investors to trade PI before its official spot market debut, granting them early exposure to the asset.

According to MEXC’s official announcement, pre-market trading will commence on February 19 at 4:00 UTC. This early listing offers several benefits, including early access for traders, allowing investors to buy and sell PI before its official market launch and strategically position themselves.

Additionally, pre-market trading enhances liquidity and facilitates price discovery, ensuring a smoother transition to the spot market. As outlined in our recent blog post, PI has already been listed on major platforms such as OKX, Bitget, HTX, and Gate.io, further increasing its accessibility and market exposure.