Pi Network (PI) Listing Speculation Fanned by Increased Stellar Wallet Actions
Social media chatter swarms around the likelihood of Binance supporting Pi Network (PI). This buzz is ignited by a succession of explanatory events such as Stellar transactions, on-chain activity, and mainnet readiness.
But what really sets the gossip mill a-grinding? A Stellar wallet that goes by GAB.... ZJNL6, which platform sleuths recognize as belonging to Binance, raises eyebrows. Numerous blockchain browsers have picked up on this account's presence.
Is Binance Gunning for Pi Network?
Well, this wallet suspiciously sports a pair of Pi tokens as a balance, authenticated via Piscan.io and StellarExpert, causing quite the stir over Binance's relations within the Pi community.
The constant babble intensified after renowned Pi Pioneers observed over 294,000 Pi transactions happening in mere days through Stellar.
Under the hood, the Pi Network framework adds a coat of context. Unlike traditional digital currencies relying on either Proof-of-Work (PoW) or Proof-of-Stake (PoS), Pi employs a unique approach inspired by the Stellar Consensus Protocol (SCP). This energy-efficient system validates trust through "security circles" instead of hefty computing power, neatly coalescing with Pi's user-focused, mobile-first initiative.
In addition, Stellar serves as an intuitive platform for transaction testing and wallet integration, especially in light of anticipatory listings.
A further spark for the buzz arrives in the form of Pi's mainnet activation for KYC-verified users. This key development paves the way for PI becoming tradable and compatible with exchanges.
However, Binance has kept mum on the whole matter, leaving the rumor mills to churn incessantly. The cocktail of blockchain activity, wallet movement, and protocol harmony creates a convincing mix, leading some to make educated guesses.
Back when Pi Network debuted in February 2025, Binance hosted a popularity contest to list the token but ultimately declined. Now, with Pi sinking to an all-time nadir last month after scaling heights of $2.99 in February, the digital currency grapples with harsh criticism over its latest milestones and KYC hurdles.
Yet, without definitive statements from Binance or Pi Network, the chatter just stays gossip.
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[1] https://pi.news/announcements/pre-mainnet-update-may-14-2025-by-pi-team/[2] https://twitter.com/PiNetwork_/status/1128264391373832193[3] https://coinmarketcap.com/alexandria/article/top-10-exchanges-with-most-huobi-token-ht-pre-sale-volume[5] https://cointelegraph.com/news/binance-listed-hbtc-but-not-pi-says-pi-team-shouldnt-blame-exchanges
- The presence of a Stellar wallet named GAB... ZJNL6, associated with Binance, has raised questions about the cryptocurrency exchange possibly supporting Pi Network (PI).
- The wallet identified above shows a balance of Pi tokens, sparking speculation about Binance's involvement within the Pi community.
- The Pi Network framework employs a unique consensus protocol, inspired by the Stellar Consensus Protocol (SCP), which validates trust through "security circles".
- Stellar's platform has been useful for testing transactions and integrating wallets, which could be relevant in the case of potential Pi Network listings.
- The activation of Pi's mainnet for KYC-verified users has created a pathway for PI to become tradeable and compatible with exchanges, including Binance.
- Although Binance has remained silent on the matter, the combination of blockchain activity, wallet movement, and protocol harmony has led some to infer a potential interest.
- Despite vibrant social media chatter, without explicit statements from Binance or Pi Network, the buzz surrounding their relationship can be classified as gossip.
