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Which Exchange Should List Pi Network First? Community Momentum Builds Toward Major Debut

Which exchange should welcome Pi Network first?” This question, posed by @anderson_ninna, has sparked widespread discussion across the Pi Network community. With over 75 million users and a rapidly expanding Web3 infrastructure, Pi Network is now at a pivotal moment: the transition from internal ecosystem development to external market integration.


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The community’s voice is clear—pioneers want to see Picoin listed on a major exchange. Whether it’s Binance, Coinbase, Kraken, or another platform, the decision will shape the trajectory of Pi’s adoption, liquidity, and global visibility.

Kraken Leads with Futures, Spot Listing Still Pending

Kraken has already taken the first step by listing Pi Coin on its perpetual futures market. This allows traders to speculate on Pi’s price movements without owning the underlying asset, offering leverage and margin trading options. While this is a significant milestone, it is not a full spot listing, and many users are still waiting for direct trading access.

The futures listing signals institutional interest and market readiness, but also raises expectations for Binance and Coinbase to follow suit.

Binance: The Community’s Top Pick?

Among the exchanges mentioned, Binance remains the most frequently cited by the Pi community. Its global reach, high liquidity, and history of supporting emerging tokens make it a natural candidate. Rumors of a potential listing have circulated for months, fueled by community polls and Binance’s own engagement with Pi-related infrastructure, including support via Onramper.

A listing on Binance would likely trigger a surge in trading volume and price action, validating years of grassroots development and mobile-first mining.

Coinbase: Regulatory Strength and Retail Access

Coinbase offers a different kind of value—regulatory compliance and mainstream accessibility. As one of the most trusted exchanges in the United States, a listing on Coinbase would signal institutional credibility and open doors to retail investors who prioritize security and transparency.

While there is no official confirmation, speculation continues to grow, especially as Pi Network strengthens its KYC infrastructure and aligns with global compliance standards.

Community Power: A Decentralized Decision

The question of which exchange should list Pi first is not just a technical or strategic matter—it’s a reflection of Pi Network’s decentralized ethos. Pioneers are actively shaping the conversation, voting in polls, sharing opinions, and amplifying their preferences across social media.

This participatory model reinforces Pi’s identity as a community-led project. The Core Team has consistently emphasized that decisions about listings, governance, and ecosystem priorities will be informed by user input.

Infrastructure Readiness: Protocol v23.01 and Beyond

Pi Network’s readiness for exchange integration is supported by its recent infrastructure upgrades. On September 3, 2025, the network launched Protocol v23.01, introducing:

  • Smart contract support via Soroban

  • Parallel transaction processing for scalability

  • Decentralized KYC aligned with ERC-3643 standards

  • Biometric authentication via Passkey

  • Linux Node support for institutional-grade deployment

These features ensure that Pi Network can meet the technical and compliance requirements of top-tier exchanges, while also supporting a growing ecosystem of decentralized applications.

Market Dynamics and Token Strategy

As of early September, Picoin trades between $0.3468 and $0.3577, reflecting both volatility and consolidation. Analysts suggest that the September token unlock—reduced to 161 million—could ease supply pressure and support price stabilization.

A listing on Binance, Coinbase, or Kraken could dramatically shift these dynamics, increasing liquidity and attracting new investors. The community’s anticipation is not just emotional—it’s grounded in market logic.

Institutional Interest and Global Expansion

Beyond exchange speculation, Pi Network continues to expand its institutional footprint. The listing of the Valour Pi ETP in Sweden brought nearly $947 million in assets under management, signaling strong investor confidence.

Partnerships with Onramp Money, Banxa, and TransFi have enabled fiat access to Picoin in over 60 countries. These integrations support liquidity, compliance, and user onboarding—key components for mainstream adoption.

Developer Momentum and Ecosystem Growth

Developer engagement is accelerating. The PiOS codebase is now 90% complete, and Pi App Studio enables no-code development, allowing creators to build payment-enabled apps without deep technical knowledge.

Hackathons and funding initiatives are supporting innovation across verticals, including identity verification, peer-to-peer marketplaces, and AI-powered tools. This momentum reflects Pi Network’s commitment to building a participatory ecosystem where developers and users co-create value.

What Comes Next

Looking ahead, Pi Network’s roadmap includes:

  • Full deployment of Soroban smart contracts

  • Expansion of staking and DAO governance

  • Launch of Pi-powered marketplaces and identity services

  • Continued rollout of smart contract-enabled applications

  • Potential listings on major exchanges and institutional platforms

These milestones will further solidify Pi Network’s role as a foundational layer in the Web3 economy.

Conclusion: The Future Is a Shared Decision

The question of which exchange should list Pi Network first is more than a poll—it’s a symbol of collective momentum. As pioneers continue to build, advocate, and engage, they are not just waiting for a listing—they are shaping it.

Whether it’s Binance, Coinbase, Kraken, or another platform, the decision will reflect the strength of the community and the readiness of the ecosystem. Together, they decide the future.


Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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