Speculation surrounding Pi Coin has intensified following Kraken”s recent addition of Pi Network to its 2026 asset listing roadmap. This strategic move, while not indicative of an immediate spot listing, serves as the first official acknowledgment from a prominent U.S. exchange that Pi may be under consideration for wider market access. The timing is particularly crucial for Pi, which has been facing significant selling pressure and a decline in investor confidence.
Kraken”s roadmap outlines potential future listings, contingent upon regulatory compliance, technical feasibility, and liquidity considerations. Pi Network joins other possible assets such as Conflux and Pepecoin. However, it is vital to note that Kraken has not provided a definitive timeline or guaranteed support for spot trading. This update builds on Kraken”s earlier initiative to introduce Pi perpetual futures in 2025, allowing traders to engage in both long and short positions using over 40 collateral assets, thereby increasing Pi”s presence in the derivatives market even as spot trading remains limited.
Currently, Pi Coin is accessible for spot trading on platforms like OKX and Bitget, which provide some liquidity. Despite this, the lack of listings on major exchanges such as Binance, Coinbase, and Robinhood poses a significant challenge for broader adoption. Speculation has long surrounded a potential listing on Binance, but progress has repeatedly stalled, partly due to ongoing leadership controversies within the Pi Network.
The market sentiment for Pi Network is currently negative, having declined by 9% recently and breaking below the critical support level of $0.1533, which had previously marked the lowest point on October 10. Although there was a slight rebound from a new record low near $0.1300, the relief appears to be limited as selling pressure remains dominant. Technical indicators reflect this weakness, with the Relative Strength Index (RSI) situated deep in oversold territory around 20, indicating aggressive selling. Meanwhile, the Moving Average Convergence Divergence (MACD) continues to trend lower in negative territory, reinforcing the downward momentum.
As momentum firmly leans towards sellers, Pi seems to be entering a price discovery phase, with the $0.100 mark emerging as the next significant reference point. For any substantial recovery to take place, a clear reclaim of the $0.1533 zone is essential to alleviate selling pressure and stabilize the price action.
