TL;DR:
- The U.S. exchange adds Pi (PI) to its “Chains” section, dedicated to new blockchain network integrations.
- The Pi Network team announces the unblocking of 2.5 million accounts to streamline the KYC verification process.
- The native token faces heavy volatility, with annual drops exceeding 80% amid a bearish market context.
This Friday, it was confirmed that the exchange Kraken integrates Pi Network into its official listing roadmap. This inclusion is categorized under “Chains,” meaning the platform is working on the technical infrastructure to natively support the Pi mainnet.
Following the news, Kraken was emphatic in publishing a disclaimer clarifying that presence on the “roadmap” does not guarantee a final listing. For this reason, they urge users not to deposit assets until an official commercial launch announcement is made.
KYC Challenges and New Security Measures in Pi
This integration comes at a crucial time for the project, which has faced strong criticism due to the slowness of its identity verification (KYC) process. In response, the Pi core team reported that it will unblock millions of accounts to allow more users to complete their migration to the mainnet.
Aside from the necessary technical adjustments for KYC, developers are testing new security features, such as palm print authentication. These aim to provide a privacy alternative that does not rely exclusively on facial recognition for account recovery and two-factor authentication.
Although the community shows enthusiasm, the value of the PI token suffered a drastic 83% correction over the past year, currently trading at record lows. Nevertheless, the institutional validation of appearing on the radar of a giant like Kraken could mark a turning point for the network’s future.
In summary, while there is still no definitive date for the start of trading, the technical integration is a firm step toward the project’s maturity. “Pioneers” now hope that the resolution of migration bottlenecks will coincide with full support from major global exchanges.
