Pi Coin can reach $500? Experts say it all depends on Binance; here's how

The cryptocurrency world is abuzz with anticipation as Pi Network prepares for a major milestone—the long-awaited Open Mainnet launch on February 20, 2025. This transition from a closed ecosystem to a fully decentralised network could mark a turning point for Pi Coin, paving the way for mainstream exchange listings, including the possibility of being added to Binance and OKX.

With speculation mounting, the biggest question remains: Can Pi Coin break past the elusive $100 barrier and chart new all-time highs?

Recent market movements suggest strong bullish sentiment surrounding Pi Coin, with its price doubling in recent weeks as it approaches the psychological resistance level of $100. Analysts point to a historical pattern of consolidation within a falling wedge formation, a technical setup often indicative of an impending breakout. If Pi Coin successfully shatters this ceiling with significant trading volume, it could soar to the $120–$150 range or beyond. However, should it face rejection at this level, the $40–$50 range may serve as a crucial support zone, presenting an opportunity for accumulation before another upward surge.

A successful breach of $100 could trigger a rally toward $150, $200, or even higher, especially with increased liquidity and growing adoption following exchange listings. The impending Open Mainnet launch has prompted analysts to offer bold projections for Pi Coin’s future trajectory. In early 2025, trading activity is expected to spike, potentially causing volatility within the $80–$120 range, experts argue.

There is also intense speculation that if adoption of Pi Coin accelerates mid-year, Pi Coin could reach the $150–$200 mark, while sustained market growth and utility expansion might propel it beyond $300 by the year’s end. Looking further ahead, should Pi Network establish itself as a widely used digital currency with real-world applications, Pi Coin’s price could exceed $500 by 2030. However, this hinges on the network’s ability to maintain development momentum, drive mass adoption, and navigate regulatory landscapes effectively.

Pi Coin and Binance listing

The prospect of a Binance listing looms large, as such a move would inject massive liquidity into the market, potentially fuelling unprecedented price surges. Binance, being the largest cryptocurrency exchange globally, has the power to legitimise Pi Coin in the eyes of institutional investors and retail traders alike. However, uncertainty persists. Binance has neither confirmed nor denied its intentions regarding Pi Coin, and lingering scepticism about Pi Network’s legitimacy—particularly concerns raised in China about it resembling a pyramid scheme—casts a shadow over its mainstream acceptance.

As February 20 approaches, excitement builds, yet a significant hurdle remains: Pi Network itself has not issued an official confirmation of the Open Mainnet launch. The network’s ongoing enclosed phase means that major exchanges cannot list Pi Coin until full decentralisation is achieved. Previous delays have made investors wary, but if Pi Network delivers on its promises, this could be a defining moment that reshapes the crypto landscape.

While a $500 price target may seem ambitious, it is not impossible at all. For Pi Coin to achieve such heights, multiple factors must align, including a successful Mainnet launch, listings on major exchanges like Binance and Bybit, sustained trading interest, and regulatory clarity.

The coming months will be pivotal in determining whether Pi Coin can cement its place in the market and whether its believers will be rewarded for their patience.

For now, the crypto world waits with bated breath.