Pi Network could be set for yet another listing as Kraken adds the token to its 2026 roadmap. This could be a major boost for Pi coin, particularly as the token recently fell to its all-time low.
Pi Network Added to Kraken Listing Roadmap
In a fresh development, the United States Exchange has added the token to its roadmap of coins that could be listed on the exchange soon. The data showed the coin included in a list of other assets, such as Conflux and Pepecoin. This brought a sense of excitement. However, there are still no confirmations pertaining to the potential spot listing.
This latest development came after Kraken launched a feature of Pi coin perpetual futures. Traders were allowed to both long and short the altcoin on the exchanges’s future market, which caters to more than 40 underlying assets as collateral.
This could potentially be a major boost for the Pi Network, as they are already listed for spot trading on some of the top crypto exchanges worldwide, namely OKX and Bitget. Pioneers are, however, still waiting for major listing on other top exchanges such as Binance, Robinhood, and Coinbase.
For Binance, there have been speculations on the potential listing for a while, but there have been no major developments on that, with one of the key major factors being the struggles at the network’s leadership.
To add a little more context, towards the end of last year, a case involving the Pi Network team was filed in California, United States. The team claimed that the developers, SocialChain, abused the Pi coin and that false promises were made about the same. Also, the founders were accused by a former executive of using the company’s funds for personal use.
Why This Listing Could Be Huge for Pi Coin
The Pi token could get a major boost if it finally secures a listing on a major exchange like Kraken. This is especially pivotal, given that Pi coin recently reached a new all-time low.
The past weeks have been very bearish for the crypto market in general. Pi Network was not exempted, as it tanked as low as under $0.1295. This means that the asset has depreciated by over 30% in just the last month alone. On a larger scale, the value of PI is down by more than 95% from when it recorded an all-time high.
Meanwhile, data from Piscan shows that there is an expected release of more than 203 million Pi tokens this month. This is valued at more than $29 million. This is expected to be the biggest release within the coming period up to October 2027.
Source: https://coingape.com/is-pi-coin-set-for-kraken-listing-u-s-exchange-adds-pi-network-to-2026-roadmap/
