Despite experiencing its all-time high popularity and a highly engaged global community in 2025, Pi is not listed on the world’s leading crypto exchanges — Coinbase and Binance. A crypto analyst, Kim H Wong, has listed the reasons in a post on X, why Pi remains absent from the major crypto platforms.
Why is Pi Network not Listed on Binance and Coinbase?
Over the years, Pi Network gained massive hype but remained absent from the Coinbase and Binance exchanges. Most crypto analysts suspect that its lack of transparency is the core element for not being listed, but Pi Network has not officially made a statement regarding it. So, crypto expert Kim H Wong lists 3 major reasons for it:
Not Fully Open Sourced:
Due to its ongoing development phase and concerns about transparency and control, it has not been fully open-sourced. Pi Network has been frequently criticized for its lack of transparency in tokenomics and lack of clarity in the project by different crypto analysts.
Lack of Third-Party Security Audit
Several industry experts have expressed concerns over the lack of independent verification, signaling a lack of security and transparency. This has made the Pi network susceptible to potential attacks or manipulation, risking not only the platform’s security but also customers’ private information and funds.
Pi Network Application in Coinbase and Binance
Wong suspects that Pi Network may not have applied to Coinbase and Binance for listing. There have been multiple rumors and discussions on Pi Network’s listing on Binance and Coinbase, but the platforms never released an official statement regarding it, and neither did Pi. So, after all, there might be a possibility that Pi has not applied to the exchange platforms for listings.
What’s Next for Pi Network?
Pi Network aims to create a strong user base to foster trust within the network, with an ultimate goal to make Pi an everyday currency for transactions. To improve the adoption rate, Pi aims to create a convenient transaction process, potentially through mobile devices. Analysts predict that Pi Network has a future in long-term success and integration with its anticipated price increase by 2030.
PYTH will unlock 2.13 billion tokens (~$1.24B) on May 20, doubling its circulating supply.
Optimism (OP) will unlock 386 million tokens (~$587M) on May 31, also doubling its supply.
PYTH shows weak On-Balance Volume (OBV) despite a minor price recovery, with $0.12 as critical support and $0.215 as key resistance.
OP remains under all major EMAs with improving Chaikin Money Flow (CMF), but faces strong overhead resistance at $1.071 and $1.4.
Both tokens face sell pressure, with rebound hinging on volume; PYTH OI drops while OP shorts rise, signaling market caution.
Pyth Builds Bearish Momentum Before Unlock
Pyth Technical Analysis: Mild Recovery, but Caution Prevails
Currently, PYTH Coin is priced at approximately $0.139, which reflects a modest rise since yesterday. Following months of decline from late December, when it was trading near $0.55, the upcoming unlock of more than $86M presents additional volatility risk.
Of importance, the support zone at $0.12 has held thus far; this is pivotal. The next key resistances are:
$0.215 (23.6% Fibonacci) → key breakout area
$0.275 (38.2% Fibonacci) → observe for new momentum
The RSI is to ~45.28, indicating a modestly stronger momentum, but still beneath the neutral 50. The CMF (~+0.08–0.12) indicates steady inflow of capital, which is encouraging. That said, the OBV at ~1.07B is still beneath it’s high (~1.2B) indicating still soft buying pressure.
The price is still under all major EMAs (20/50/100/200) which still reinforces the bearish broader trend. If $0.12 breaks, next critical level to the downside is $0.10, which could initiate some more selling pressure.
Overall the bias remains bearish leading into the unlock, unless PYTH can break above $0.215 soon, if discounting any potential momentum flip/catalyst. Just watch most possibly for short squeezes, if sentiment turns.
Optimism (OP) Shows Bearish Trend and Critical Support Test
Presently, Optimism OP Coin is trading near the $0.632 level, having suffered a long and slow decline down from its peak of $2.773 in December 2024. Adding to volatility perceptions, a large token unlock occurs on May 31 (~386m OP worth ~$587m about to drop into networks).
The RSI indicator on the Daily chart below has nearly fallen to the oversold zone of ~36. This shows sellers are in control but opens OP up to a short term bounce potential should shorts become overcrowded.
The EMA 20/50/100/200 stack shows OP remaining in a down trend under all major averages, with bearish slope confirmation. Again, a meaningful recovery will require OP to reclaim at least the $1.071 (23.6% Fibonacci retracement).
On the volume side, our OBV has now made lower lows near |~415m| and deterioration has persisted. CMF has made lower lows as well recently, at around –0.04, which signals continued net capital outflows.
Structurally, OP’s price remains compressing within a descending channel / falling wedge and is testing the critical support zone of $0.545–$0.600. Should we break this level, the next downside risk opens up below the $0.50 range. The first bullish signal we need to see would be reclaiming the $1.071–$1.4 resistance band (23.6–38.2% Fibonacci) which is no doubt going to be predicated on seeing some rotational volume and sentiment shift post the unlock.
Derivatives Insight: PYTH and OP Show Diverging Risks Ahead of Token Unlocks
PYTH Network (PYTH)
Coinglass data shows that PYTH’s aggregated open interest has fallen sharply from ~$80 million in December to around ~$40–50 million today, signalling that traders are de-risking ahead of the massive May 20 token unlock. Liquidation data shows limited recent action, but the last big wipeout in December led to a sharp crash, highlighting the risk of forced selling if unlock pressure sparks panic. The derivatives market shows caution, low leverage, and minimal buildup, but traders should prepare for a volatility spike when supply hits.
OP aggregated open interest declined from ~$350 million to ~$150–180 million, with a recent uptick signalling rising short positions, but has seen a recent uptick, indicating a rise in short positioning ahead of the May 31 unlock. Coinglass liquidation data shows large long-side liquidations recently, reflecting bearish control. This rising short buildup raises the risk of a short squeeze if sentiment shifts bullish or if the market absorbs the unlock faster than expected. Traders should monitor OI and liquidation trends closely as the unlock date nears.
Key Levels and Caution Ahead
Both PYTH and OP face critical weeks as their massive token unlocks approach, doubling circulating supply and testing market confidence. Technically, both tokens remain in bearish setups, with weak momentum and volume signals, while derivatives data show that traders are either de-risking (PYTH) or building shorts aggressively (OP). Until key resistances are reclaimed — $0.215 for PYTH and $1.071 for OP — the bias stays bearish, and traders should watch support levels closely at $0.12 and $0.545–$0.600, respectively, as the unlock events unfold.
The post Major Token Unlocks Ahead: Technical Breakdown of PYTH and Optimism (OP) for Traders appeared first on Coinpedia Fintech News
Key Highlights PYTH will unlock 2.13 billion tokens (~$1.24B) on May 20, doubling its circulating supply. Optimism (OP) will unlock 386 million tokens (~$587M) on May 31, also doubling its supply. PYTH shows weak On-Balance Volume (OBV) despite a minor price recovery, with $0.12 as critical support and $0.215 as key resistance. OP remains under …
Ripple CEO Brad Garlinghouse has raised concerns over a canceled meeting with U.S. Senator Cynthia Lummis, a known supporter of Bitcoin. The canceled engagement and refusal to reschedule have drawn attention as Garlinghouse visits Washington, D.C., to advocate for a balanced and inclusive approach to digital asset regulation. Brad Garlinghouse Criticizes Lummis for Meeting Cancellation Ripple CEO Brad Garlinghouse, while on a trip to Washington, D.C., shared that Senator Cynthia Lummis cancelled a scheduled meeting and has not agreed to reschedule it. In a post on X, Garlinghouse expressed disappointment in the decision. “I hope you will reconsider and be a leader for ALL of crypto,” Brad Garlinghouse wrote in his statement. He also extended an invitation to the Senator to join him for a public discussion on X Spaces or a live event. Brad Garlinghouse emphasized the need for leaders to support all blockchain networks, not just Bitcoin pointing… Read More at Coingape.com
Pi Coin is showing strong signs of recovery after breaking free from a two-month-long downtrend.
The altcoin is now benefiting from improving market sentiment, especially as signs of an approaching altcoin season grow stronger. This momentum could position Pi Coin for a major price surge.
Pi Coin Is Receiving Market Support
At the time of writing, Pi Coin’s Bollinger Bands are converging. This technical pattern typically signals incoming volatility, and the last similar event occurred in May. Back then, Pi Coin recorded a massive 114% price increase shortly after the bands widened. A repeat of this move would depend on the broader crypto market’s direction.
Currently, as Bitcoin consolidates and Ethereum leads altcoins upward, conditions favor another bullish breakout for Pi Coin. The tightening Bollinger Bands are hinting at imminent movement, and with sentiment leaning bullish, the next wave of volatility may well push Pi Coin higher once again.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
The macro indicators also align with a bullish forecast. The Chaikin Money Flow (CMF) is trending upward, indicating capital inflow into Pi Coin. This inflow suggests that investors are gaining confidence and could be positioning themselves ahead of a possible altcoin rally.
As money enters the ecosystem, Pi Coin benefits from renewed market participation and rising demand. These factors often precede price breakouts and are especially influential when combined with technical signals of volatility.
Pi Coin is currently trading at $0.47 after consolidating sideways for several days. This consolidation has worked in its favor, helping the altcoin escape its two-month downtrend. Investors are now watching closely for the next resistance to be broken.
Despite being only 15% from its all-time low of $0.40, the technical indicators suggest this support will hold. If Pi Coin can flip $0.45 into a reliable support level, it could initiate a rally toward $0.51 and beyond, especially if the altcoin season intensifies.
However, if holders begin to exit their positions prematurely, Pi Coin could slip back toward $0.40. Such a move would invalidate the bullish scenario and place the altcoin at risk of retesting its historical low.
