Kraken to List Pi Network's $PI Coin Amid Price Rally

Kraken will open spot trading for Pi Network's PI token on March 13, 2026, the exchange confirmed via its official listings account on March 12. The timing lands one day before Pi Day, the project's annual community event on March 14, convenient for community momentum heading into the weekend.

The listing adds a regulated, U.S.-based exchange to PI's trading venues, which already include OKX, MEXC, Bitget, and Gate.io. For a project that spent years fielding skepticism about whether it would ever reach a major CEX, the Kraken confirmation is a meaningful step.

What Did Kraken Actually Say?

The announcement came from @krakenlistings, Kraken's dedicated asset listing account. The post described Pi Network as "a mobile-first Layer-1 blockchain and developer platform enabling accessible crypto mining via smartphone, with a utility-based ecosystem on an identity-verified mainnet."

Kraken's listings roadmap page has since been updated to include PI under "Tokens launching soon." The exchange added its standard warning: users should not deposit assets before the official confirmation to avoid fund loss. That confirmation is now live.

Trading pairs were not specified in the initial post, though PI/USD and PI/EUR are the most likely options based on Kraken's standard structure.

How Is PI Performing?

PI was already moving before the announcement, and the Kraken news added another leg:

• Weekly gain: PI is up 35.87% over the past seven days as of March 12
• Current price: $0.2573, up 9.98% on the day
• Key technical level: The token has broken above its 50-day simple moving average at $0.17, climbing from lows near $0.13 to $0.14 in recent weeks
• Immediate reaction: PI spiked as much as 4.8% within hours of the Kraken announcement on existing venues like OKX
• Distance from ATH: The token remains well below its all-time high of around $2.10 to $2.34, reached during the open mainnet launch period in early 2025

Analysts attribute the broader rally to a combination of the Kraken listing, recent mainnet upgrades (version 19.9 completed, version 20.2 targeted before Pi Day), and the launch of the Pi DEX targeted for March 12.

Why Does the Kraken Listing Matter?

Kraken carries weight in the U.S. market specifically. With more than 13 million users and a long-standing reputation for selective listings, its decision to add PI is being read as a signal of credibility. The exchange is generally not known for listing low-utility tokens, and heavy engagement on X following the announcement reflects that read.

Pi Network itself has over 60 million claimed KYC-verified users, one of the larger verified user bases in the space if those numbers hold. The project's core model is a free mobile mining app where users tap once every 24 hours, designed for accessibility in emerging markets. The project has been shifting focus toward real utility through a developer ecosystem, decentralized apps, and AI integrations, including decentralized computing via Pi Nodes.

Sources:

• Kraken Listings on X — Official Kraken announcement of PI listing with March 13 trading start date
• Kraken Listings Page — Kraken's asset roadmap showing PI under tokens launching soon
• CoinMarketCap — Live price data: $0.2573, +9.98% 24h, +35.87% 7d as of March 12
• BeInCrypto — Price reaction coverage including intraday spike data following the announcement
• Coinpedia — Weekly performance data and 50-day SMA analysis for PI