Pi Community’s PI token led the market increased on Friday, based on CoinGecko information, rising 30% throughout Asia’s morning hours, after crypto trade Kraken mentioned it will listing the asset.
Pi Community is a mobile-first cryptocurrency mission that replaces conventional proof-of-work mining with a phone-based belief graph, the place customers faucet a cell app day by day to “mine” tokens and kind identity-verified safety circles that feed right into a consensus system derived from the Stellar protocol.
The mission launched its externally related mainnet in February 2025 after working for years in a closed ecosystem, saying it had about 19 million KYC-verified customers and roughly 10 million accounts migrated to the chain.
Pi Community is presently listed on OKX, Gate, and Bitget, in addition to some smaller exchanges.
In February 2025, Bybit CEO Ben Zhou publicly refused to listing Pi Community’s token and referred to as the mission a rip-off, citing a 2023 warning from Chinese language police alleging that Pi Community focused aged customers, collected private data, and brought about some victims to lose pension financial savings.