Pi’s open source progress has climbed to 90%. According to reports, the project is being pushed toward a public code release that many in the community expect by September 2025.
That figure has raised hopes that outside developers will soon be able to inspect and build on parts of the system.
According to posts on X, a 2021 Pi Network Hackathon winner called Pi Barter Mall suggested a Coinbase listing could be in the offing.
The comment touched off fresh debate among users who have been watching for the Pi coin to reach major global exchanges.
Coinbase’s CLO, Paul Grewal, posted a Pi Day image back in March that showed purple pies with the Pi logo. It was not a formal announcement. But it did rekindle rumors and talk across social channels.
Analysts say a listing on a large exchange could boost liquidity and public visibility for Pi Coin.
Based on reports, PiOS — the project’s open-source layer — is being opened up to developers while the blockchain’s core protocol remains closed for now.
Access to PiOS has been used to run new hackathons. One such event aims to get apps working with Pi in everyday transactions.
Community moderators have suggested the open-source move could arrive before the end of the year, though the Pi Core Team has not confirmed specific dates.
Questions that have long lingered about code transparency are expected to be addressed once more of the code is public.
Screenshots have circulated showing Binance Connect and Binance P2P support options appearing inside the Pi Wallet’s Help & Support menu.
That detail prompted discussion about a potential Binance integration, but users also pointed to hurdles that have slowed any listing.
A lack of clear utility and concerns over decentralization were cited as reasons for delays.
Meanwhile, practical steps have been taken elsewhere: Pi Coin secured a listing on Swapfone, a US-regulated, mobile-focused exchange, which launched a PI/USDS trading pair in July. Small Steps Toward Broader Exposure
The Swapfone listing was described by some community members as Pi’s first meaningful move into the US trading scene. It is small in scale when compared with top global exchanges, but it is a footprint on American rails.
Market watchers say listed trading pairs like PI/USDS can help price discovery, even if volumes remain modest at first. The overall picture is a mix of incremental progress and open questions.
