Last updated on May 12th, 2026 at 08:19 pm
Global cryptocurrency exchange Kraken has announced it will officially list $PI, the native token of the Pi Network, for spot trading on Friday, March 13, 2026. The listing follows years of development for the mobile-first Layer 1 blockchain, which allows users to mine cryptocurrency directly from their smartphones.
This move provides the first major regulated liquidity gateway for Pi’s massive user base as the project transitions into its fully decentralised mainnet phase.
Coming soon: $PI@PiCoreTeam Pi Network is 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.
Trading starts March 13
Get ready → https://t.co/47fNCUnRqD pic.twitter.com/nPmrRElAPW
— Kraken Listings (@krakenlistings) March 12, 2026
Strategic listing ends years of anticipation
The announcement, made via Kraken’s official listing channel, specifies that trading pairs for $PI will include USD and EUR. Deposits have already been enabled to ensure sufficient liquidity before the commencement of trade. The move is significant as Pi Network has operated in an enclosed mainnet state for several years, during which time tokens could not be moved to external exchanges.
The $PI token serves as the utility backbone of the Pi ecosystem, which focuses on identity-verified (KYC) participation to prevent bot manipulation. By listing the token, Kraken becomes one of the first top-tier exchanges to support the project’s mission of making cryptocurrency accessible to everyday users without the need for expensive hardware.
Market reaction and community impact
Following the confirmation, the $PI token saw a 19% rally in pre-market IOUs and informal trading circles, reaching approximately $0.23. Within the Pi community, which boasts over 50 million engaged users, the sentiment has turned overwhelmingly bullish. Social media platforms have seen a surge in activity, with some enthusiasts predicting price targets, though analysts urge caution given the potentially high circulating supply upon full mainnet release.
Pi Network launched in 2019 and has faced persistent skepticism regarding its long roadmap and delayed launch. However, the Kraken listing acts as a significant validation of its utility-focused ecosystem. This institutional trend is underscored by Kraken’s historic win: securing a Federal Reserve master account. This makes Kraken the first US digital asset firm to access the central bank’s core payment infrastructure directly, boosting efficiency and trust.
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