As hopes for a Binance listing fade, analyst Kim Wong sets the record straight, revealing three key barriers blocking the major catalyst for the PI coin price outlook.

Despite a broader return of risk-on sentiment, the altcoin is leading 7-day losses in the top 100, seemingly excluded from recent market tailwinds.

Geopolitical and macroeconomic FUD no longer clouds the narrative, and regulatory momentum is building a new wave of bullishness.

Still, early resistance in the U.S. House to the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act has left markets cautiously optimistic for votes to flip in favour of “Crypto Week.”

The Three Reasons Binance Won’t List Pi Network

In February, Binance launched a community vote to list PI Network. Despite receiving 86% of the votes in favor, the exchange did not list the token, leaving the listing up in the air.