Pi Coin Jumps 10%: Top Reasons Behind Today’s Rally

PI coin has jumped 10% after a new exchange listing and rising anticipation around the project’s annual Pi Day event. The price movement followed an announcement from the crypto exchange Kraken confirming support for the PI token.

Concurrently, the market attention also increased as the network continues with technical upgrades on its mainnet infrastructure.

The combination of wider exchange access and ecosystem updates has pushed trading activity higher. Market charts show buyers gaining control after months of weaker price movement.

Pi Coin Kraken’s Listing Expands Trading Access

Kraken confirmed that it will list Pi Network’s PI token, opening the asset to a broader group of traders. The exchange ranks among the larger global crypto platforms and provides access to several regions.

After the listing news circulated, the token price moved higher across multiple exchanges. Market trackers recorded a jump of roughly 10% during early trading hours. At press time, the PI price was trading at $0.2747, an 8.98% surge from the 24-hour low.

PI is already available on several exchanges, including OKX, Gate, and Bitget. The addition of Kraken increases liquidity and visibility for the token in the broader crypto market.

Not all platforms support the project. Bybit chief executive Ben Zhou previously declined to list PI and described the project as a scam. He referred to a 2023 warning issued by Chinese police that raised concerns about the project’s activities.

Mobile-based Mining Model Attracts a Large User Base

Pi Network uses a mobile-first model that allows users to mine tokens through a smartphone application. Users tap the app daily and form trust circles that support the network’s consensus system.

The project does not rely on traditional proof-of-work mining used by cryptocurrencies such as Bitcoin. Instead, it uses a trust graph model derived from the Stellar consensus protocol.

The network launched an externally connected mainnet in February 2025. At that time, the team reported around 19 million KYC-verified users and about 10 million migrated accounts on the chain.

The large user base has kept community activity high. Many participants expect updates and product announcements during Pi Day, which takes place on March 14 each year.

Mainnet Upgrade and Pi Fuel Community Activity

Pi Network is currently working on a protocol upgrade linked to Step 3 node migration. The upgrade aims to improve network stability and prepare the infrastructure for further ecosystem development.

Developers have been encouraging node operators to migrate during the current phase. The process forms part of the network’s long-term roadmap.

Community interest also increases each year around Pi Day. The event often includes product announcements, ecosystem updates, or development milestones.

This year’s event arrives while the project continues expanding exchange listings and technical upgrades. These developments have contributed to renewed trading activity in recent sessions.

PI Coin Technical Indicators Show Strong Momentum

Market charts show a recovery after several months of declining prices. The token formed a rounded base between the $0.13 and $0.15 range earlier in the year.

Since that period, PI has produced higher lows and higher highs on the daily timeframe. A move above the $0.20 level confirmed a shift toward a stronger trend.

Technical indicators also reflect rising momentum. The MACD line remains above the signal line, and both continue to move above the zero level.

Source: TradingView

The relative strength index stands near 76 on the daily chart. This level suggests the token is in overbought territory and may face short-term cooling.

Analysts identify resistance between $0.28 and $0.30. If price closes above that range, the next levels appear near $0.32 and $0.35.

On the downside, the first support zone stands near $0.25. A deeper pullback could test the $0.22 to $0.20 region, which previously served as a breakout level.