• The word “listing” refers to PI becoming available for trading on major cryptocurrency exchanges — meaning PI would be exchange-tradeable (rather than trapped in “IOU” or “internal” system).

  • For a while, much of the excitement around PI has been about getting listed on big exchanges such as , , , etc. That listing would allow broad access and normal trading, which is a big milestone for any crypto.

  • In the past (around early 2025), there were signs of listing activity: PI was reportedly listed on several exchanges ahead of its “Open Mainnet” launch.

📉 What’s Happening Now (as of December 2025)

  • Despite earlier optimism, PI’s price has recently fallen. It’s trading around $0.22 and there is renewed downward pressure — possibly due to token unlocks and increasing supply on exchanges.

  • One major blow: a lawsuit in the U.S. was filed against (the company behind Pi) and its executives — accusing them of fraud, secret token transfers / sales, and misleading users about PI’s decentralization status.

  • This legal cloud has spooked some investors: despite some large “whales” still accumulating PI, technical indicators and market sentiment seem bearish for the near term.

🔍 Will PI Be Listed — On Which Exchanges?

  • The community and market still hope for a listing on top-tier exchanges such as Binance or Coinbase. That interest remains — for example, one poll on Binance had ~86% participants vote in favor of listing PI.

  • But as of now, there is no confirmed listing on major exchanges** like Binance or Coinbase. The listing remains speculative — despite rumors, wallet activity signals, and community votes.

  • Some smaller / mid-tier exchanges — e.g. , OKX, — appear on lists that show PI trading (or IOU trading), but that doesn’t necessarily equate to a fully trusted “mainstream” listing with strong liquidity.

⚠️ What You Should Watch Out For

  • Heavy token unlocks are underway: large batches (hundreds of millions) of PI tokens are scheduled to be released soon, which tends to increase supply and put downward pressure on price.

  • The legal case and fraud allegations against the project’s developers may delay or complicate any listing on major exchanges — or at very least add risk for holders.

  • Price volatility remains high. While some investors (especially “whales”) are accumulating, many analysts view current PI price action as weak — with key support zones under pressure.

    ✅ What’s Next: What to Monitor

  • Official announcements from top exchanges (Binance, Coinbase, OKX, etc.) about PI listing — that would be a major trigger.

  • Updates on the lawsuit vs SocialChain / Pi Network — outcome could influence exchange decisions and investor sentiment.

  • Token unlock schedule and how many PI coins hit the circulating supply — large unlocks could lead to selling pressure, smaller or delayed unlocks could reduce downside pressure.

  • On-chain activity and real-world utility growth (e.g. more usage, apps, payments) — which could increase confidence in PI as a long-term project.

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