Kraken to List Pi Network Token With Trading Set for March 13

Crypto exchange Kraken has announced that it will list the Pi Network token. PI with trading set to begin on March 13. The news has quickly spread across the crypto community. It has drawn strong attention from Pi Network users.

Pi Network is known for its mobile-first approach to crypto mining. Unlike traditional crypto, users can mine PI directly through a smartphone app. The project has grown into a large global community with more than 50 million users. For many users who have been mining Pi for years. This listing marks an important step toward wider market access.

Kraken Announces Upcoming PI Listing

Kraken confirmed the listing through its official listings account. According to the report, trading for PI will start on March 13. Once trading opens, users will be able to buy and sell the token on the exchange like other cryptocurrencies.

Listings on major exchanges often increase a token’s visibility and liquidity. With this, the news has created excitement among Pi Network supporters. The listing may also help bring the project closer to broader adoption in the crypto market.

Pi Network’s Mobile Mining Model

Pi Network stands out because it allows users to mine crypto using a smartphone. The process doesn’t require expensive hardware or high electricity use. Instead, users open the app once a day to confirm their mining activity. This approach helped the project grow quickly around the world.

Over time, the project has focused on building a utility-based ecosystem. Developers are working on applications and services that can use the PI token. The network also uses identity verification (KYC) to confirm real users and prevent bots.

Community Builds Toward Pi Day

The listing announcement comes just before Pi Day. It is celebrated each year on March 14. The date is important for the Pi community and often includes updates from the project. Through the network recently introduced a mandatory node upgrade to version v20.2. The upgrade aims to strengthen the blockchain and improve network stability.

More than 18 million users have completed KYC verification. It allows them to move closer to using their mined tokens on the main network. Because of these developments, excitement within the Pi community has been growing.

Market Reaction and Expectations

Following the listing news, the price of PI coin reportedly rose by around 19%. It is reaching about $0.20 to $0.23 on some platforms. Supporters believe the exchange listing could help increase the Pi token’s liquidity and market activity. 

But analysts note that early miners may also decide to sell some of their tokens once trading becomes easier. With this, price movements after the launch could be volatile. Still, the listing represents an important moment for Pi Network. After years of development and community growth. The project is now moving closer to broader participation in the global crypto market.

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