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Coinbase’s Chief Legal Officer, Paul Grewal, has ignited heightened speculations around a potential Coinbase listing as Pi Network restores transferable tokens.
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Despite the speculations of potential listings on Coinbase and Binance listing, Pi Coin’s price trend has largely mirrored the broader cryptocurrency market’s downward volatility.
The pi coin has recorded a significant slump in recent times. Pi is swapping hands with $1.39 after a 7.16% and 18.09% decline in the past 24 hours and 1 month, respectively.
The current price behavior deviates from expectations as the Pi network has attracted heightened attention due to speculations surrounding the network. Notably, despite criticism from other crypto exchanges, there could be a potential listing on Coinbase.
Coinbase’s chief legal Officer, Paul Regal, sparked this excitement after taking to the x platform to tweet about Pi Day, featuring an image of pies adorned with the Pi logo.
We take Pi Day at @coinbase very seriously. pic.twitter.com/qimBsCKJNv
— paulgrewal.eth (@iampaulgrewal) March 14, 2025
This prompted a hint that the March 14, 2019, token would be listed on the popular exchange.
Pi Network Restores Transferable Coins
The Pi Network has recently experienced some fluctuations and adjustments regarding the transferability of Pi coins. Notably, there were reports of users noticing reductions in their transferable Pi balances, causing concern and frustration within the Pi Network community.
This led to backlash from users, who expressed concerns about a lack of communication and potential trust issues. In response, the Pi Network has taken steps to restore the affected transferable balances.
According to Coindex, March 22, this year could see Pi coin recording a noble price surge of 30.37% which will see the digital asset rise up to $1.835.
Despite this strong prediction, the overall sentiment remains bearish, with the Fear & Greed Index standing at 32, suggesting fear among investors. Over the past month, Pi Coin has experienced volatility, with only 8 out of 25 days showing positive price movement. Despite this, many remain optimistic about its potential rebound, especially if Coinbase officially confirms its listing.
Pi Network’s Future Developments
Pi coin has experienced both scrutiny and great support from the crypto community. This is attributed to a statement from Bybit’s CEO, who stepped in publicly via the x platform that “We want nothing to do with this” and warned people to stay away.
Notably, the CEO cited Chinese police and multiple reports that warn against Pi Coin, citing scams targeting the elderly.
On the other hand, a Binance Square survey has revealed that 86% of users support listing Pi Coin on the exchange, fueling excitement among Pi Network enthusiasts. The poll, which attracted nearly 295,000 participants, highlights the growing demand for Pi Coin’s integration into mainstream trading platforms.
Despite the enthusiasm, Binance has indicated that the listing is contingent on passing its rigorous review process.
Market Overview
The broader market is currently on a drop with a 1.32% decline in the past 24 hours resulting to a $2.72T market cap.
Meanwhile, Bitcoin is at the time of press swapping hands with $83,744.59 marking a 0.30% decline in the past 24 hours. Additionally, digital assets like XRP and SOL have also recorded price slumps of 2.05% and 5.00% respectively.
