The Pi Network has been gaining attention in light of its recent partnership with blockchain verification platform Sign Protocol. An expert highlighted the significance of the collaboration, noting it could open the door for a Binance listing.
Expert Links Binance Listing to Pi Network – Sign Partnership
A crypto expert, Dr. Altcoin, explained why the partnership between Pi Network and Sign Protocol is stirring so much attention. He shared that the protocol recently secured $16 million in backing from YZi Labs, the rebranded venture capital division of Binance. The connection raises the possibility of future integrations with the exchange.
This listing would dramatically expand liquidity and visibility for Pi. The community has been expecting the listing since July, after the PI Network wallet Binance updates.
During a community meetup in Seoul, Sign Protocol announced its collaboration with the network. The goal is to build blockchain-based credentials that are tamper-proof, portable, and secure.
The integration brings a community of over 60 million Pioneers to Sign’s Web3 ecosystem. On the other hand, this partnership provides Pi with a technical layer that strengthens identity, trust, and compliance across its apps.
Blockchain-verified credentials, such as identification documents, professional licenses, and academic credentials, are made possible by the Protocol’s tools. Since sensitive data is safely stored on-chain, they can be shared without disclosing it.
Integrated with Pi, these credentials will be available to developers, merchants, and users. This would help the platform address compliance requirements that could make it more attractive to regulated exchanges, such as Binance.
GCV Narratives Called Into Question
The crypto expert has also criticized the Pi core team’s GCV narrative. In a recent X post, Dr. Altcoin condemned segments of the Pi community for spreading misleading “GCV” claims.
The myth includes a claim that each mined Pi is worth $314,159 and that Pi traded on exchanges is “dirty” or invalid. He warned these narratives could damage the project’s credibility and urged the Pi Core Team to reject such misinformation publicly.
“These are some of the most harmful campaigns conducted by the GCV community. The Pi Core Team has an utmost responsibility to strongly condemn these false narratives and, if necessary, take legal action against the leaders of this movement before Pi suffers irreversible damage and its value collapses to unprecedented levels,” he noted.
Notably, the Pi coin price has declined by 25% over the past week, despite recent developments. To match Stellar Core 23.0.1, Pi Network updated its protocol to v23 on its testnet. Decentralized KYC, which may be provided as a service outside of the Pi ecosystem, is part of the update. This could generate additional revenue streams.
Meanwhile, Pi Network founder Dr. Chengdiao Fan would speak at TOKEN2049 in Singapore in early October. This comes after the network secured gold sponsorship at the conference. She will discuss how blockchain and Web3 tools can create real-world applications.
Source: https://coingape.com/expert-explains-pi-network-sign-meeting-says-it-could-trigger-binance-listing/