Pi Network Gains Momentum in U.S. Market with Kraken Pro's 20x Leverage Listing

In a significant development for the cryptocurrency landscape, Kraken Pro has introduced perpetual futures trading for Pi Network's native token, $PI, offering traders the opportunity to engage with up to 20x leverage. This move marks a pivotal entry for Pi Network into the U.S. market, providing enhanced trading options for investors and signaling growing institutional interest in the project.

Kraken Pro's Strategic Listing

Kraken Pro's announcement on May 23, 2025, introduced perpetual futures contracts for $PI, allowing traders to speculate on the token's price movements with substantial leverage. This listing is particularly noteworthy as it represents Pi Network's debut on a major derivatives platform, expanding its accessibility to a broader investor base. 

The exchange supports over 360 markets and offers more than 40 collateral options, providing traders with considerable flexibility in managing their positions.

Gate.io's Pioneering Role

Earlier in February 2025, Gate.io became the first major exchange to list Pi Network's token for both spot and perpetual contracts. The exchange introduced a USDT-margined PI perpetual contract with up to 50x leverage, catering to traders seeking higher margin trading alternatives. 

This initial listing played a crucial role in establishing Pi Network's presence in the cryptocurrency market, setting the stage for subsequent listings on other prominent platforms.

Market Performance and Investor Sentiment

As of May 24, 2025, Pi Network's token is trading at approximately $0.7717, with a market capitalization of $5.58 billion and a 24-hour trading volume of $40.27 million. Despite the recent listings, the token has experienced a 6.30% decline over the past 24 hours, reflecting the inherent volatility of the cryptocurrency market.

Investor sentiment remains cautiously optimistic, with many viewing the increased exchange listings as a positive step toward broader adoption and liquidity. However, some analysts advise caution, emphasizing the need for continued development and transparency within the Pi Network ecosystem.

Implications for the Cryptocurrency Ecosystem

The inclusion of Pi Network's token on major exchanges like Kraken Pro and Gate.io signifies a growing recognition of the project's potential within the broader cryptocurrency community. These listings not only enhance the token's liquidity but also provide traders with more sophisticated tools to engage with the asset.

Pi Network Enters US Market with Kraken Pro Leverage Listing

Kraken Pro has announced perpetual futures trading for the Pi Network’s native token, $PI, allowing traders to employ up to 20x leverage. The leverage listing enables users from the USA to trade perpetuals futures of… pic.twitter.com/cZZQ1K2whw

— Mr Spock 𝛑 (@MrSpockApe) May 23, 2025

Furthermore, the availability of high-leverage trading options may attract a new segment of investors seeking to capitalize on short-term price movements. However, it's essential to acknowledge the risks associated with leveraged trading, including the potential for significant losses.

Looking Ahead

Pi Network's recent exchange listings represent a significant milestone in its journey toward mainstream adoption. As the project continues to evolve, its ability to deliver on its promises and maintain transparency will be critical in sustaining investor confidence.

The cryptocurrency community will be closely monitoring Pi Network's progress, particularly in terms of technological developments, user engagement, and further integration into the global financial ecosystem.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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