Pi Community’s PI token led market positive factors on Friday, rising 30% within the Asian morning hours after cryptocurrency trade Kraken introduced it could listing the asset, in line with information from CoinGecko.
Pi Community is a mobile-first cryptocurrency venture that replaces conventional proof-of-work mining with a phone-based belief graph. Customers faucet the cell app day by day to “mine” tokens, forming identity-verified safety circles that feed right into a consensus system derived from the Stellar protocol.
The venture launched its externally linked mainnet in February 2025 after working in a closed ecosystem for a few years, and stated roughly 19 million KYC-verified customers and roughly 10 million accounts have migrated to the chain.
Pi Community is presently listed on OKX, Gate, Bitget, and a number of other smaller exchanges.
In February 2025, Bybit CEO Ben Zhou publicly refused to listing Pi Community’s tokens and referred to as the venture a rip-off, citing a 2023 warning from Chinese language police that Pi Community focused aged customers, collected private data, and triggered some victims to lose their pension financial savings.
