Pi Network extended its recent rally today, climbing above $0.24 after Kraken confirmed it will list the PI token, with trading scheduled to begin March 13.
The announcement immediately boosted market sentiment, pushing Pi to its highest level in months. At the time of writing, the token is trading around $0.24, continuing the strong recovery that began earlier this week.
Kraken is one of the largest cryptocurrency exchanges globally, with more than 13 million users, and its decision to add Pi represents a significant expansion of the token’s accessible liquidity. The listing will place Kraken alongside exchanges such as OKX, Bitget, HTX, and BitMart, which already support PI trading.
The timing of the announcement is also notable, arriving just two days before Pi Day on March 14, an annual milestone that traditionally generates heightened activity within the Pi community.
Read also: Binance’s New Listing Rules: A Chance for Pi Network?
Momentum Builds After Recent AI Announcement
The Kraken news follows another development that had already boosted market interest earlier in the week. Pi Network recently published a case study demonstrating how its node network could support decentralized AI computing tasks.
The proof-of-concept project, conducted with robotics startup OpenMind, tested whether volunteer Pi Node operators could process AI-related workloads. According to the results, nodes were able to receive image recognition tasks and return valid results within seconds.
With more than 421,000 nodes representing over one million CPUs, the project suggests Pi’s network could potentially provide distributed computing resources for AI applications. The idea is to allow node operators to opt in and rent their unused computing capacity to external clients.
Read also: Are AI Agents Overrated? Solana Founders Share Their Views
First Meaningful Recovery in Months
The latest rally marks the first sustained recovery for Pi in quite some time. The token had fallen as low as $0.13 in February, following months of steady decline after its early-2025 launch rally.
Since then, Pi has rebounded sharply, climbing more than 80% from that bottom and reclaiming key psychological levels including $0.20 and now $0.24.
Despite the improvement, the long-term picture remains mixed. PI still trades well below its all-time high near $3, and ongoing token unlocks continue to add new supply to the market.
