Kraken confirmed a Pi Network (PI) listing with trading set to begin March 13, 2026, sending PI up nearly 2% on OKX within minutes of the announcement.
The listing arrived just two days before Pi Day on March 14, a date that has historically driven speculative price activity around PI.
Why it matters:
- Exchange supply hitting a record 451 million PI signals rising sell pressure that could cap gains if demand stalls after the listing date.
- The Kraken listing gives PI holders a regulated US exchange venue, broadening accessible liquidity for the first time at this scale.
- PI’s price history shows a 21% spike on March 13, 2025, ahead of Pi Day, the same date trading opens on the Kraken exchange this year.
The details:
- Kraken posted on X March 12: “Trading starts March 13” for PI from Pi Core Team.
- PI/USDT climbed 1.98% on OKX on a 5-minute chart between 07:45 and 10:30 UTC+5:30 on March 12, per TradingView data. However, it remains 5% below its price the day before.
- On-chain tracking recorded PI exchange balances rising to a new high of over 451 million tokens following the announcement.
- The Pi Mainnet is mid-way through a protocol upgrade, with a Step 3 node migration deadline set for March 12, per Pi Core Team.
The big picture:
- BeInCrypto previously reported that PI has struggled since its exchange debut, with heavy token unlocks earlier in 2026 compounding sell pressure.
- Rising exchange reserves on-chain typically precede price declines when new supply outpaces buyer demand.
- Kraken’s recent access to US Federal Reserve payment infrastructure has strengthened its regulatory standing ahead of new token listings.
The post Kraken Confirms PI Coin Listing, Just Before the Big Pi Day appeared first on BeInCrypto.
