Many people in the Pi Network community are waiting for the big moment—when Pi finally gets listed on a major exchange like Binance. But for some, it’s not just about any exchange. It’s about Coinbase, the most trusted crypto platform in the U.S.
According to crypto analyst Mr. Spock 𝛑, a listing on Coinbase could unlock Pi’s true value and bring it closer to real-world use.
Coinbase Isn’t Just an Exchange—It’s a Gateway to Utility
Coinbase isn’t just another platform, it’s a fully regulated U.S.-based exchange, trusted by millions and deeply rooted in the American financial system. And when a coin gets listed on Coinbase, it doesn’t just become tradable, it becomes usable.
Coinbase offers real-world tools, like the Coinbase Visa card, which lets users spend their crypto like cash.
Mr. Spock explains his personal experience of how he uses this card to pay for food, shop at stores like Walmart, and even withdraw cash from ATMs, all while earning Bitcoin rewards on every purchase.
He imagines a world where Pi Coin pays for meals, gas, and groceries, and rewards users with crypto benefits, not in theory, but in practice.
Why Coinbase Is Better Than Binance for Pi
Further, Mr. Spock also makes a strong case for why Coinbase matters more than Binance, especially in the U.S. He notes that Binance.com and Binance.US are completely separate, with the U.S. version offering fewer coins and features.
Binance.com is unavailable to American users due to regulatory restrictions, while Binance.US operates under a different company with limited reach.
On the other hand, Coinbase has regulatory clarity and deeper market integration, something Pi would benefit from if it wants to grow in the U.S.
Pi’s Real Goal
To Mr. Spock and many Pi supporters, this isn’t just about price—it’s about purpose. If Pi becomes spendable through Coinbase tools like the Visa card, it could finally blend crypto with daily life. That’s when the real impact begins, not just building wealth, but changing how we use money altogether.
So while many are waiting for any exchange, some believe that waiting for Coinbase is worth it.
In recent months, Solana has demonstrated remarkable growth in the decentralized finance (DeFi) sector, prompting discussions about its potential to rival Ethereum’s valuation.
A new report by Franklin Templeton highlighted that Solana’s DeFi protocols are among the most utilized and highest-earning platforms across all blockchain environments.
Franklin Templeton Predicts Solana as Ethereum’s Rival
In an analysis, Franklin Templeton highlighted the rapid growth and potential of Solana’s DeFi ecosystem. The report suggested that its valuation could soon rival Ethereum’s.
The global asset management firm, which oversees $1.68 trillion in assets, noted that six Solana-based protocols surpassed $1 billion in Total Value Locked (TVL).
During the third and fourth quarters of 2024, Solana outperformed Ethereum in several key metrics. Solana’s decentralized exchange (DEX) volume notably exceeded that of Ethereum and all Ethereum Virtual Machine (EVM)–based DEXs combined.
The surge indicates a significant shift in DeFi activity towards Solana, challenging Ethereum’s longstanding dominance in the space. Jito (JTO) leads the charge, a liquid staking protocol that recently reached an all-time high of $3 billion in TVL. Notably, this marked the first time a Solana-based protocol has achieved this milestone.
Other notable protocols include Jupiter (JUP), Raydium (RAY), Kamino (KMNO), Marinade (MNDE), and Sanctum Coin (SANCTA). Collectively, these protocols contributed to Solana’s growing DeFi ecosystem.
Further emphasizing its growing prominence, Solana’s active addresses per hour were reported to be 26 times higher than Ethereum’s as of January 2025. This surge in user activity reflects the network’s scalability and efficiency, making it an attractive platform for developers and investors seeking faster transactions and lower fees.
Despite the impressive growth, Franklin Templeton’s report points out that Solana’s DeFi protocols remain undervalued compared to their Ethereum counterparts. The analysis reveals that Solana’s DeFi tokens are trading at lower valuation multiples, although they exhibit higher growth profiles and strong fundamentals.
“Solana DeFi valuation multiples trade on average lower than their Ethereum counterparts despite significantly higher growth profiles. This highlights an apparent valuation asymmetry between the two ecosystems,” an excerpt in the report read.
Notwithstanding, Franklin Templeton says the increased activity has also contributed to Solana’s rising market capitalization and overall ecosystem growth. According to the asset manager, these discrepancies suggest a potential investment opportunity as the market adjusts to recognize Solana’s expanding influence in the DeFi sector.
Reflecting this optimism, Franklin Templeton filed for a spot Solana ETF (exchange-traded fund) with the US SEC. Notably, the proposed ETF includes staking capabilities. This means investors can earn rewards by participating in network validation processes, which is the first for a Solana-based ETF.
Solana Rising – Could It Overtake Ethereum?
While some investors are enthusiastic about Solana’s potential, others remain skeptical. A user on X (Twitter) challenged the move to compare Solana to Ethereum, alluding to stark differences in foundational robustness.
“It’s like comparing Ethereum versus Las Vegas casino. Yea Vegas has more chips,” the user quipped.
Similarly, industry analysts caution against assuming Solana is poised to surpass Ethereum imminently. Juan Pellicer, Senior Research Analyst at IntoTheBlock, noted that while Solana has narrowed the market capitalization gap with Ethereum, it still faces significant hurdles.
“While Solana may continue to grow and potentially challenge Ethereum in specific niches, overcoming Ethereum’s entrenched position as the dominant platform in the immediate future is still unlikely, though the competitive landscape is dynamic and evolving,” Pellicer told BeInCrypto.
Specifically, Pellicer emphasized that Ethereum benefits from established trust and a vast developer community. According to the analyst, these are critical factors in maintaining its leading position in the DeFi space.
He also highlighted the need for Solana to address centralization concerns and achieve parity in developer adoption. These, according to the analysts, would see Solana truly challenge Ethereum’s dominance.
As Solana continues to innovate and expand its DeFi ecosystem, its potential to reach valuations comparable to Ethereum becomes more plausible.
The meme coin market is edging higher and tracking Bitcoin (BTC) after the king coin surged to $88,000 for the first time in three weeks. At press time, the total meme coin market cap had increased to $50 billion, after gaining by 3%. However, Shiba Inu price has yet to benefit from the uptrend, considering that it had dipped by 2.8% to trade at $0.0000123 at press time.
Despite this negative momentum, a top analyst predicts a 17x rally for SHIB value today after it entered a “buy zone.” If there is a surge in demand at this level, will the Shiba Inu price finally break out from the current consolidation range and rally higher? Let’s find out.
Analyst Forecasts 17x Rally for Shiba Inu Price
According to popular crypto analyst CryptoELITES, the Shiba Inu price is currently sitting in a strong buy zone, suggesting that a strong upward move is on the horizon. This analyst forecasts a rally of between 14x and 17x for this top meme coin.
If SHIB were to surge by 17x from its current price of $0.0000123, it would surge to $0.00021, while a 14x rally would push the meme coin to $0.00018. However, for this bullish thesis to hold, Shiba Inu price needs to defend support at the lower descending trendline.
The upward rally will be confirmed if SHIB flips resistance at the 0.618 Fibonacci level of $0.00003. After flipping this level, it will set the stage for a rally past $0.000085, after which the meme coin will be on the path to erasing one zero.
Shiba Inu Price Chart
If demand rises after Shiba Inu enters this buy zone, the meme coin might face a supply squeeze, as data from Santiment shows that the amount of SHIB supply in exchanges has plummeted to record lows. The high demand and low supply support the bullish Shiba Inu price prediction, making it likely that an all-time high might be on the horizon.
SHIB Supply on Exchanges
Shiba Inu Open Interest Soars 43% in Two Weeks
Data from Coinglass shows that the Shiba Inu open interest has surged by 43% in the last two weeks. At press time, the meme coin’s open interest stood at $135M, from around $94M less than two weeks ago.
Shiba Inu Open Interest
When the open interest is increasing, like it is now, it indicates that futures traders are opening new positions on Shiba Inu amid optimism that it is about to record a strong trend. This is also another factor that supports the bullish thesis around the Shiba Inu price and why a 17x rally is likely. However, the increased leverage activity around SHIB could also spike the meme coin’s volatility.
To sum up, the bullish prediction shared by a popular analyst around Shiba Inu, and the rising open interest hint towards an upcoming rally for this meme coin. However, this price rally will depend on SHIB attracting demand from buyers.
