Pi Coin, the native cryptocurrency of the Pi Network, has been making waves in the crypto market since its recent listing. On Wednesday, March 5, the digital currency surged nearly 7%, securing its position as the 11th largest cryptocurrency by market capitalization, according to CoinMarketCap. As the March 14 deadline for Pi Network’s KYC verification nears—coinciding with speculation about a possible Binance listing—Pi Coin has seen a surge in investor interest and buying momentum.

Pi Coin’s Performance: A Closer Look

At the time of writing, Pi Coin is trading at $1.79, up 6.23% for the day, with an intraday high of $1.85. Trading volume has increased by 5.2% to $813.79 million, while market capitalization has climbed 7% to $12.51 billion.

This rally has propelled Pi Coin to the 11th spot among all cryptocurrencies tracked by CoinMarketCap. Notably, when excluding stablecoins and meme coins, Pi Coin ranks 8th. This is a remarkable achievement considering that Pi Coin has been listed for only 12 days.

Despite being 40% below its all-time high of $2.98 recorded on February 26, Pi Coin remains up by an impressive 193% from its all-time low of $0.6152 posted on February 20.

Is a Binance Listing on the Horizon?

Pi Network recently extended its deadline for users—referred to as “Pioneers”—to complete their KYC verification and claim their balances. The final deadline has been set for 8:00 AM UTC on March 14, 2025, marking the 6th anniversary of the Pi Network’s launch.

With this key date approaching, speculation is mounting that Binance may list Pi Coin on March 14. According to reports, Pi Day holds special significance for the Pi Network community since the project officially launched on this date in 2019. If Binance announces the listing on this symbolic occasion, it could drive significant market enthusiasm and potentially boost Pi Coin’s price.

A recent poll showed that approximately 86% of voters support Pi Coin’s listing on Binance, reflecting strong community backing.

What’s Driving Pi Coin’s Growth?

A Binance Square user, XALVI, outlined three key reasons why Pi Coin could see further gains:

  1. Strong Performance Despite Market Conditions – While other major cryptocurrencies, such as Bitcoin and Cardano, have experienced price dips, Pi Coin has shown resilience and maintained stability.
  2. Increasing Adoption and Positive Technical Indicators – The coin has displayed bullish technical patterns, suggesting the potential for further upward movement.
  3. Made in the USA Factor – Pi Coin is viewed as a U.S.-based crypto project, which could give it a strategic advantage, particularly under regulatory developments. Former U.S. President Donald Trump has indicated support for American-made cryptocurrencies, including XRP, Solana, and Cardano. Binance co-founder Changpeng Zhao noted that Trump’s statement about adding “others” suggests that more valuable tokens, including Pi Coin, could be considered in the future.

Will Pi Coin Reach $10?

The prospect of a Binance listing has fueled discussions about Pi Coin’s potential to reach $10. Some analysts predict an intermediate target of $5 in April, with further upside if major exchanges continue to support the token.