Since the launch of Pi Network's mainnet on 20/02/2025, it has attracted attention with ambitious goals. However, it also faces significant criticism. Unimpressive price performance and lack of DApps, along with other issues, have raised questions about Pi Network's ability to meet the expectations of 60 million users called Pioneers.
Below are five key areas where Pi Network has not met expectations, becoming the focus of observers at the beginning of 2025.
1. Pi Network Has Not Been Listed on Binance
The Pi Network community has been very active in promoting on exchanges like Binance. fact,86% of participants voted to a list Pi Coin (PI) in a community vote in February.
Despite this support, Binyetance not yet. On 15/05, the exchange posted posted its logo on X (formerly Twitter) with many mathematical symbols, including π. This post caused many speculations in the Pioneers community, but there was no official announcement no listing listing.
The listing has led to doubts about Pi Network's reliability. Notably, Binance applies a strict review process before listing any asset.
The exchange reviews user acceptance, business model viability, relevance, tokenomics, technical security, team foundation, and regulatory compliance. The decision not to list Pi Coin may indicate that the project has not met one or more of these important standards.
"Now I understand better why Pi is not listed on major exchanges like Binance and Coinbase. There is a possibility that the Pi Core team has not been transparent enough about theocking and burning mechanisms related to billions of Pi coins currently owned by PCT," Pioneer Dr. Altcoin posted on 22/03.
Coinbase, another top exchange,,, has not listed Pi. This further increases Pioneers' disappointment about the token's potential for widespread acceptance. However, Pi Coin is still available for trading on HTX, Bitget, MEXC, and OKX><2. Pi Coin Price Does Not Meet Expectations
Pioneers have actively mined Pi Coin for about six years, expecting large profits. However, its price has greatly disappointed many. Upon launch, Pi Coin was listed on OKX at floor price of only 2 USD. This is much lower than its IOU trading price.
This unimpressive launch became worse when PI dropped below 1 USD immediately after listing. Although the recovered to All-Time-High of AT USD at the02, this price increase did not last. PI quickly returned to a downward trend, 1 at03 >
< p>This shortage has raised questions among about the Network's's readiness and capability to support an ecosystem><5. Network RoadA report from BeInCrypto highlighted community opposition, emphasizing that the roadmap does not include expected dates or audit processes to address differences in historical mining data. This further deepened distrust in the project's.<, months months after Pi Network's launch have been marked been marked by unbymet increasing disappointment among. <As the network through these obstacles,] the ability to implement its ambitious vision will be crucial to restoring trust in the coming months.
