As the Pi Network marks its sixth anniversary on March 14, 2025, the cryptocurrency is at a crucial juncture. The long-awaited KYC verification deadline has officially passed, and speculation about a potential Binance listing continues to fuel discussions within the community.
KYC Deadline Concludes Amid Migration Concerns
The deadline for completing Know Your Customer (KYC) verification while conducting balance transfers to Mainnet expires today at 8:00 AM UTC. Users who did not finish the process would lose most of their mined Pi coins except those generated in the past six months.
Users continue to face ongoing technical difficulties even though Pi Network previously extended deadlines to help people transition smoothly. Users have asked for more time in recent weeks because unresolved technical issues have made validation impossible.
The leadership of Pi Network has stated that March 14 is an unchangeable deadline beyond which coin mining will end for all users.
Also Read: Pi Network Users Face Uncertainty as KYC Deadline Nears, Binance Listing in Doubt
Speculation on Binance Listing Intensifies
Binance, the world’s biggest cryptocurrency exchange, faces significant expectations about making Pi Coin available on its platform. The Pi Network community continues its efforts to secure this listing because it sees it as an opportunity for broader public adoption and higher market liquidity.
Binance conducted a poll with strong backing from vote participants when 86% of 300,000 voters opted for the Pi Coin listing. Binance continues to operate without confirming a Pi Coin listing while asserting that the vote functions as a general reference point.
The cautious stance of the exchange keeps the community waiting anxiously for news that would transform Pi Coin’s market position.
Market Reactions and Price Movements
Leading up to Pi Day, Pi Coin experienced fluctuations, reaching a peak of approximately $1.73 before declining. The price saw volatility throughout the past 24 hours, with a notable drop before recovering slightly.
Today, Pi Coin is trading at $1.58, reflecting an 8.41% decline over the past day. The market cap is $11.21 billion, with a 24-hour trading volume of $620.55 million.
Source: CoinMarketCap
With the KYC deadline now behind and the Binance listing still uncertain, the Pi Network faces a pivotal moment. Investors and enthusiasts remain on high alert for any last-minute announcements that could shape the future of Pi Coin in the cryptocurrency market.
Also Read: PI Token Plummets After Exchange Debut, Raising Concerns About Long-Term Viability
