Pi Network Teases Explosive Reveal at Consensus 2025—Is a Binance Listing Finally Coming?

Key Takeaways:

• Pi Network shuts down its central node, paving the way for full decentralization.
• Core Team mandates Horizon upgrade and hints at releasing source code.
• Speculation grows around Binance listing

The Pi Network community is holding its breath as the project approaches what could be the most pivotal moment in its history. With a user base surpassing 60 million, all eyes are on Pi’s potential reveal during Consensus 2025 in Toronto—an event that could change the course of its long-awaited Open Network.

Read More: Pi Network to Partner with Banxa for Direct Fiat-to-Pi Purchases

Decentralization Milestone: Central Node Shut Down

The Times of PiNetwork declared on May 14 via its official X account that PiNetwork has turned off the central node, an action indicating a significant step toward decentralization. Years under Core Team leadership in a controlled environment have seen the Pi Network run. This most recent upgrade verifies the network’s move to a community-driven infrastructure, hence supporting the aim of a really distributed Web3 ecosystem.

🚨 BREAKING | Pi Node@PiCoreTeam has closed the central node, ready to release the source code 💥
– PiNetworkVNes#Consensus2025 is sure to explode…
Is Pi Network going to make history?

Version 🧵 #Pinetwork2025 ⚡ pic.twitter.com/SP5lfesAzb

— The Times of PiNetwork (@PiNetwork24X7) May 14, 2025

Along with the node shutdown, the team suggested Pi’s source code would soon be released—a long-desired request from the community. Open-sourcing the code would let third-party developers create tools and dApps on top of the Pi Network, hence enhancing the credibility of the ecosystem and opening new use cases.

Horizon Upgrade Becomes Mandatory

To maintain connection to the network, all Pi Node operators are now required to upgrade to the latest Horizon version. According to the Pi Core Team, this upgrade is not optional; it includes vital performance, security, and protocol enhancements that are necessary for Pi’s eventual transition to the Open Mainnet.

Failure to upgrade could lead to disconnection from the network, and node operators who don’t comply may be excluded from future consensus participation. The urgency behind this upgrade underlines how seriously the Core Team is taking network readiness ahead of Consensus 2025.

Consensus 2025: A Potential Turning Point for Pi

With Consensus 2025—one of the blockchain industry’s biggest annual events—just around the corner, expectations are running high. Pi Network is slated to make major announcements at the event, and the timing appears intentional. Analysts speculate that Pi could reveal:

• A long-rumored listing on Binance or another top-tier exchange
• Integration of a native DeFi protocol
• Partnerships with major tech players like Google Cloud or Visa

The presence of influential figures such as Vitalik Buterin, Michael Saylor, and Pi’s own Dr. Nicolas Kokkalis at the event has only amplified anticipation.

While no official confirmation has been made regarding a listing, the strategic timing and Pi’s accelerated technical moves suggest something substantial is coming. A listing on Binance alone could instantly catapult Pi Coin into the global spotlight—driving liquidity, investor confidence, and real-world use.

Read More: Pi Network Reveals Three-Phase Mainnet Migration Plan Without Timeline

Mounting Community Pressure and Token Frustrations

Token Price Drops Amid Access Issues

Despite the progress, many community members remain frustrated. Over the past 24 hours, the unofficial price of Pi Coin dropped by more than 15%, largely due to ongoing limitations in token accessibility. Users still can’t freely trade, transfer, or withdraw their mined tokens across exchanges, as Pi remains in an enclosed network phase.

Particularly from the Chinese community, where people have used social media to criticize the project’s lack of openness and postponed fulfillment of its promises, this has sparked great condemnation. Accusations of “centralized behavior” and “broken timelines” continue to erode trust among early adopters.

The Core Team has responded by reiterating that full access will come only once the network demonstrates long-term stability, decentralization, and security—a justification that some supporters accept, while others see it as yet another stall tactic.

Will Pi Deliver or Disappoint?

Pi Network’s roadmap has always been ambitious: bringing blockchain to the masses through zero-fee mobile mining, social consensus mechanisms, and a closed-loop economic system. But now, with the central node offline, Horizon in full force, and source code on the verge of release, the community faces a defining question:

Can Pi finally deliver on its promises—or will Consensus 2025 expose its limitations?

So far, the Core Team has remained tight-lipped about the full scope of the announcements. But if even a fraction of the speculation proves true, Consensus 2025 could mark the beginning of a new era for Pi Network—and possibly one of the largest blockchain onboarding events in crypto history.

Until then, one thing is clear: the clock is ticking, and the world is watching.