Kraken Listing Sends Pi Up More Than 30% Ahead of Pi Day

Pi rose more than 30% during Asian morning hours on Friday after Kraken said in an X post that it would list the token on March 13. The move put Pi back at the centre of market attention just ahead of Pi Day on March 14, while the project continued to face scrutiny over its legitimacy.

Kraken Adds Pi, Expanding Access Ahead of Pi Day

Kraken said Pi trading would begin on March 13, adding the token to a group of exchanges that already includes OKX, Gate, and Bitget. The listing gives Pi another established trading venue and broadens access beyond the exchanges that carried it after Open Network launched.

The timing added to the reaction. The announcement landed one day before Pi Day, the annual March 14 date that has long drawn heavier community attention around the project and the token.

Price Jumps Sharply in Asia Hours After Kraken Listing Post

Pi traded as high as roughly $0.2958 on Friday, from about $0.2255 a day earlier, an intraday gain of just over 31%. Volume also climbed as traders reacted to the listing news and pushed the token near the top of the day’s gainers.

The move followed Kraken’s listing announcement. Pi Day timing added to short-term positioning.

Pi Opened Its Network in 2025, Citing 19m Verified Users

Pi entered its Open Network phase on February 20, 2025, ending the external firewall around its mainnet. Before that shift, the project said it had well over 19 million identity-verified users and beyond 10 million migrated mainnet accounts.

Those figures remain central to the Pi story because they underpin the project’s scale claims. Pi has described itself as a mobile-first network built around a trust graph and security circles rather than proof-of-work mining.

That history helps explain why exchange listings remain important for the token. Pi spent years building attention inside a closed system before moving into external trading and transfers.

Bybit’s Refusal Keeps Legitimacy Questions in Play

The Kraken listing arrives with an unresolved legitimacy dispute still attached to Pi. In February 2025, Bybit chief executive Ben Zhou said his exchange would not list the token and cited a 2023 police warning from China that he said described Pi as a scam targeting elderly users.

Pi disputed that characterisation shortly afterwards and said the warning related to bad actors falsely presenting themselves as connected to Pi Network. The project also said it had no relationship with Bybit or Zhou.

Traders Now Watch Whether Volume Holds After the Repricing

Kraken’s decision gives Pi a fresh liquidity event and another test of how wider exchange access affects trading after the initial surge. The first move was sharp. Traders will watch whether volume holds once the initial repricing passes.

For now, the immediate effect is clear. The listing lifted the price, widened access, and put Pi back in focus just as the project heads into one of the most closely watched dates on its calendar.