Pi Network Rumors Surge as Binance Wallet Activity Spikes

Social media platforms are abuzz with speculation regarding a potential listing of Pi Network (PI) on Binance. This buzz is fueled by a series of developments involving Stellar-based transactions, on-chain activity, and the readiness of the Pi Network mainnet.

At the heart of these rumors is a Stellar wallet address: GAB….. ZJNL6. Multiple blockchain explorers have identified this address as being associated with Binance. This wallet recently showed a balance of 2 PI tokens, verified through both Piscan.io and StellarExpert, raising questions about Binance’s involvement with the Pi ecosystem.

The connection gained traction after popular Pioneers highlighted over 294,000 PI transactions processed on Stellar in a matter of days. This significant on-chain activity suggests that Binance may be preparing to integrate PI into its platform.

Technically, Pi Network’s architecture provides additional context. Unlike traditional cryptocurrencies that rely on Proof-of-Work (PoW) or Proof-of-Stake (PoS), Pi uses a mining method inspired by the Stellar Consensus Protocol (SCP). This allows for energy-efficient validation through trust-based “security circles” rather than computational power, aligning with Pi’s mobile-first, user-centric model. This architecture makes Stellar a logical platform for transaction testing and wallet integration, particularly in a pre-listing environment.

Adding fuel to the speculation, Pi Network recently activated its mainnet wallets for KYC-verified users, a key milestone in making PI tradable and exchange-compatible. This move further supports the idea that Pi Network is preparing for a potential listing on major exchanges like Binance.

While there is no official confirmation from Binance, the combination of blockchain activity, wallet movement, and protocol compatibility offers a plausible basis for the rumors. When PI initially launched in February 2025, Binance held a community vote to list the token. Despite the support from the exchange’s users, there has been no official announcement regarding the listing.

Meanwhile, PI dropped to an all-time low last month, after reaching a peak of $2.99 in February. The altcoin has faced severe criticism over its latest roadmap announcement and KYC challenges. Still, without direct communication from Binance or Pi Network, the speculation remains just that.