The native token of Pi Network has returned to the spotlight after Kraken confirmed it will list the project’s token, PI, with trading scheduled to begin on March 13, 2026. The listing will place the token on a regulated U.S. exchange for the first time and arrives one day before the community’s annual celebration, Pi Day on March 14.
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.
— Kraken Listings (@krakenlistings) March 12, 2026
Trading starts March 13
Get ready → https://t.co/47fNCUnRqD pic.twitter.com/nPmrRElAPW
The timing brought back interest in the mobile-first blockchain project, which started in 2019 and gained a lot of users through its smartphone mining model.
Market activity around the token accelerated soon after the exchange confirmed the listing.
Kraken listing triggers renewed market activity
Trading data from several crypto platforms shows a rapid reaction after the announcement. The PI token climbed to around $0.24 in subsequent trading, with a daily gain above 5%, according to CoinGecko data.
The asset rose nearly 19.4% during the week as traders positioned ahead of the listing event.
The upcoming listing will provide a regulated trading venue and could improve liquidity for holders. Kraken confirmed that PI trading will begin on March 13, exactly one day before the network’s annual Pi Day celebration. That date has often coincided with announcements or ecosystem updates from the project.
The fact that both events are happening at the same time has made people in the Pi community pay more attention.
Mobile-first blockchain approaches major ecosystem moment
The Pi Core Team built Pi Network as a Layer-1 blockchain designed for smartphones. Users participate in the network through a mobile application that allows simplified mining and participation in the ecosystem.
The project continues to expand its infrastructure as it approaches its next milestone. The Open Mainnet launched one year earlier, which allowed broader participation in the network’s economy.
Community expectations now focus on new utilities and infrastructure planned around the Pi Day event. Developers have discussed the possibility of launching the Pi decentralized exchange, often referred to as PiDEX, alongside additional smart-contract utilities.
Network upgrades also continue ahead of the event. The project recently moved from version 19 of the Stellar consensus system to version 23. The upgrade is expected to conclude shortly before the Pi Day milestone.
Network Update: Protocol v19.9 migration successfully completed. Next up is v20.2 — Aiming to complete before Pi Day 2026. Node operators should make sure they’re upgraded and stay tuned for further instructions: https://t.co/mnbwVzhaD9
— Pi Network (@PiCoreTeam) March 4, 2026
Another network transition involves node migration. A Step 3 node transition deadline has been set for March 12.
Price rebounds after earlier market slump
Pi’s recent rally follows a sharp decline earlier this year. The token traded near $0.13 during February before reversing direction.
Market data now places the token near $0.21–$0.24, which represents a recovery of roughly 65–70% from its yearly low.
Short-term trading activity also accelerated during the past week. The price moved from roughly $0.166 to almost $0.24.
Even with the rebound, PI remains far below its historical peak. The token still trades about 92% under its all-time high near $3.
Technical indicators show strong momentum
The relative strength index sits near 69. That level approaches the overbought threshold at 70. The reading indicates strong momentum but also warns of possible short-term volatility.
Price structure also reflects a pattern of higher highs and higher lows, which typically signals a developing upward trend. Some candles display long upper wicks. These wicks often reflect profit-taking during rallies.
The upcoming Pi Day event remains the next focal point for the project’s community. The development team has historically used the event to introduce new ecosystem features.
Gunel Ismayilova
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