Altcoins News

Story: Pi Coin Faces Setbacks After BitMart Suspension, Banxa Delisting

By Maheen Hernandez

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Pi Coin, the native token of the Pi Network ecosystem, is facing increasing pressure as it struggles to retain momentum in the crypto market.

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BitMart Suspends Trading Amid Pending Approval

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One of the most significant blows to Pi Coin's credibility came from BitMart, a mid-tier centralized exchange, which suspended Pi trading over a month ago.

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The silence from both parties has only deepened the community’s concerns. On social media platform X (formerly Twitter), prominent crypto analyst Dr.

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Banxa Drops Pi Support, Fueling Uncertainty

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In another setback, crypto payment service provider Banxa has removed support for Pi Coin entirely.

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The dual impact of BitMart’s trading suspension and Banxa’s delisting has dramatically reduced Pi Coin’s liquidity and accessibility.

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Hope Remains: Huobi Hints and Upcoming Events

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Despite the negative headlines, Pi holders may find a glimmer of hope in recent developments.

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In addition, Pi Network is scheduled to make a notable appearance at Consensus 2025—one of the biggest annual events in the crypto industry.

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Lack of Major Exchange Listings Still Hurting Pi

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A major issue that continues to plague Pi Coin is its absence from top-tier exchanges such as Binance, Coinbase, and Kraken.

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While community support remains strong in some segments, the broader market perception of Pi Coin has shifted.

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Conclusion: A Critical Crossroads for Pi Coin

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With trading still suspended on BitMart and delisting by Banxa, Pi Coin finds itself at a critical juncture.

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