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Pi Network Token $PI Starts Trading on Kraken

By

Shweta Chakrawarty

Shweta Chakrawarty

Kraken launched spot trading for Pi Network $PI token, providing the first major U.S. regulated venue for the mobile-mined cryptocurrency.

Pi Network Token $PI Starts Trading on Kraken

Quick Take

Summary is AI generated, newsroom reviewed.

  • Kraken enables PI/USD and PI/USDT trading pairs following the March 12 protocol v20.2 upgrade.

  • PI price reaches $0.29, elevating the network’s market capitalization above $2.8 billion.

  • Listing precedes the March 14 Pi Day 2026 celebrations and follows the 2025 Open Network launch.

  • Over 19 million KYC-verified Pioneers can now access regulated U.S. liquidity for the first time.

Pi Network has reached a major milestone. The project’s token, $PI, has started trading on the crypto exchange Kraken. This listing marks one of the biggest steps for the mobile mining project since it launched.

Kraken enabled deposits earlier this week. Now full trading is live. The move gives the Pi token more liquidity and visibility in the global crypto market. At the same time, the Pi community is celebrating. Many early users have waited years for open trading of the token. The listing now brings the project closer to mainstream crypto markets.

Kraken Opens Trading for Pi Token

Kraken confirmed that $PI trading begins on March 13. The exchange is one of the largest crypto platforms in the United States. With that, the listing carries strong symbolic value for the project. Before trading started, Kraken shared a post with the number 3.14159265359. This number represents π (pi). Many users saw it as a hint about the upcoming listing.

Soon after, the Pi community widely shared the announcement. Some users also noted that the official Solana account reacted with pie emojis. While the meaning is unclear, it added to the excitement around the launch. With trading now active, Pi holders can finally access a large global exchange.

Pi Price Jumps as Trading Begins

The market reacted quickly to the news. The price of PI jumped by around 31% in one day. It rose to about $0.29 during early trading. Due to this price move, Pi coin’s market value climbed above $2.8 billion. This sharp rise shows strong interest from traders and long-time community members. 

Many early users mined Pi through the project’s smartphone app. For years, the token had limited trading options. Thus, a major exchange listing brings new access for buyers and sellers. But analysts say the price may remain volatile as trading activity increases.

From Mobile Mining App to Exchange Listing

Stanford scholars Nicolas Kokkalis and Chengdiao Fan founded Pi Network. Their goal was to make cryptocurrency mining simple for everyone. Instead of buying expensive hardware, users may mine Pi via a smartphone app. The network eventually reached millions of users worldwide.

In February 2025, the project’s identity-verified mainnet went live. The team has been expanding the ecosystem infrastructure ever since. Node upgrades and ambitions for additional tools like dApps and smart contracts.

What Comes Next for Pi Network?

The Kraken listing may open the door to more exchange support. As trading expands, liquidity could improve and attract more users. The Pi team continues to focus on ecosystem development. Plans include decentralized apps, smart contracts, and broader Web3 integration. For now, the listing marks a milestone for a project that spent years building its community. Whether Pi Network can keep this momentum will depend on how its ecosystem grows in the coming months.

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