{"id":21505,"date":"2026-02-06T16:52:20","date_gmt":"2026-02-06T16:52:20","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pi-network-price-rises-after-a-major-kraken-development\/"},"modified":"2026-02-06T16:52:26","modified_gmt":"2026-02-06T16:52:26","slug":"pi-network-price-rises-after-a-major-kraken-development","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pi-network-price-rises-after-a-major-kraken-development\/","title":{"rendered":"PI Network price rises after a major Kraken development"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pi Network price stabilized near its all-time low as optimism rose that it would be listed on Kraken, a top crypto exchange.\u00a0<\/p>\n<div id=\"cn-block-summary-block_bd8665dc7113408c16cb4c62f40704bf\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Pi Network price crashed to a record low amid the ongoing crypto crash.<\/li>\n<li>Kraken, a top crypto exchange, has added it to its listing roadmap.<\/li>\n<li>Technical analysis suggests that it has more downside to go in the coming days.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Pi Network (PI) rose to $0.1450, a few points above the all-time low of $0.1300. It remains significantly lower than the all-time high of $3, with its market capitalization falling from nearly $20 billion to $1.3 billion today.<\/p>\n<p>One major catalyst for the coin is its addition to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.kraken.com\/listings\" target=\"_blank\" rel=\"nofollow\">Kraken\u2019s page<\/a> for potential listings. It is listed in the Chains category, which also includes tokens such as TX, Conflux, Pepecoin, MegaETH, and Quai.\u00a0<\/p>\n<p>Being listed on this page does not guarantee future listing. However, it has given the community hope that it will be available on one of the largest crypto exchanges today.\u00a0<\/p>\n<p>Kraken has over 15 million users globally, with 1.5 million active each month. It generated over $2.2 billion in revenue last year and raised $800 million at a $20 billion valuation in November ahead of its IPO.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>A Kraken listing would be a big thing as Pi has failed to attract any additional exchanges since its mainnet launch in February last year. Most of its trading occurs on a handful of exchanges, including OKX, Gate, Bitget, and MEXC.\u00a0<\/p>\n<p>Additionally, the listing will likely encourage more exchanges to list it as well. Some of the most important exchanges that would trigger a Pi Coin price surge are Binance, Coinbase, and Upbit. Binance is the most important, while Coinbase and Upbit have large market shares in the US and South Korea.<\/p>\n<h2 class=\"wp-block-heading\">Pi Network price technical analysis<\/h2>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Pi Coin price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the Pi coin price has been in a steep freefall in the past few months. It dropped to a record low of $0.1304 as the crypto market crash intensified,<\/p>\n<p>The coin has moved below all moving averages and the crucial support level at $0.1530, its previous all-time low. All oscillators are pointing downward, indicating that downward momentum is continuing.<\/p>\n<p>Therefore, the most likely Pi Network price outlook is bearish, with the next key target being the psychological $0.10 level. However, the main risk of going against it is that a Kraken listing would fuel a short-term short squeeze.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network price stabilized near its all-time low as optimism rose that it would be listed on Kraken, a top crypto exchange.\u00a0 Summary Pi Network price crashed to a record&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21505"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21505\/revisions"}],"predecessor-version":[{"id":21506,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21505\/revisions\/21506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12522"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}