In the ever-unsettling goldfish bowl that is crypto Twitter, the rumor-mongering machine has turned its baleful gaze to Pi Network (PI). This time, it’s thanks to some suspicious Stellar transactions and blockchain sleuthing that would make Poirot reach for his aspirin. 🧐
Here’s the culprit: a Stellar wallet by the inconspicuous name of GAB….. ZJNL6. It’s been sniffed out by multiple blockchain explorers as being tied to Binance—a bit like discovering your neighbor owns both a white van and a set of ski masks.
Is Binance Kicking the Pi Network’s Tires?
This wallet, which recently displayed the intimidatingly modest sum of 2 PI tokens (less the Grand Heist, more the “I forgot my lunch money” variety), has become the epicenter of wild conjecture. Piscan.io and StellarExpert confirmed the balance, and the internet promptly lost its collective marbles over what it might “mean.”
If that wasn’t enough, crypto’s answer to amateur detectives—Pioneers—started counting. Astoundingly, more than 294,000 PI transactions zipped across Stellar in mere days. Either someone’s test-driving PI in a frenzy, or a bot has developed caffeine dependency.
For those who joyfully skipped the whitepapers: Pi’s tech is weird (in a cute way). Forget mining with sweaty servers and enough electricity to power Belgium. Pi instead borrows inspiration from Stellar’s Consensus Protocol, which lets you validate transactions via “security circles”—essentially, nodding in agreement with your mates. Minimal energy, maximal confusion. Very on-brand for 2025.
This quirky consensus makes Stellar a logical petri dish for pre-listing frolics and wallet integration experiments. Of course, calling it “testing” sounds a lot more professional than “tickling the blockchain to see if it giggles.”
More smoke? Pi’s mainnet wallets just went live for KYC-verified users, which is crypto-speak for “show us your driver’s license before we invite you to the party.” It’s the first major step toward PI becoming not just a pastel icon on your phone, but a tradable, exchange-trawling asset.
Is $PI finally coming to Binance?
The Binance stellar deposit wallet which is the same as their $PI wallet has started testing transactions on the $PI chain.
The wallet (GABFQIK63R2NETJM7T673EAMZN4RJLLGP3OFUEJU5SZVTGWUKULZJNL6) is testing the transactions. #PiNetwork— MOON JEFF (@CRYPTOAD00) May 7, 2025
No trumpets have blared from Binance towers yet, mind you. Still, where there’s wallet movement, blockchain trails, and compatible protocols, crypto speculators gather like pigeons after spilled fries.
It’s worth remembering Pi’s prior public humiliation: Binance held a cutesy “should we list PI?” community vote in February 2025, got cheered on wildly, and then… didn’t. Fast forward a few months, and PI plunges to a record low (accompanied by that sinking “maybe I shouldn’t have bought” feeling) after peaking at $2.99. The team’s roadmap has been scorched by critics, and users have spent more time verifying themselves than any bouncer in Vegas.
Until someone at Binance or Pi HQ categorically admits, denies, or sends cryptic emoji-laden tweets, this entire affair remains, in the most respectable sense, a glorified guessing game. 🚀🤷♂️
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2025-05-08 01:50