Pi Coin’s Big March: Upgrades, Pi Day, Kraken Rumors Could End the Plunge!

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Pi Network Faces Pivotal March With 3 Highlights Fueling Recovery Hopes for PI Coin

March is a key month for Pi Network, with important technical improvements being released, the community achieving significant goals, and increased discussion about the possibility of Pi being listed on major cryptocurrency exchanges.

The PI token hasn’t performed well since it started trading last year, but some upcoming events could change that. Whether it picks up speed or stays slow will depend on how these developments unfold.

Pi Day, Kraken Listing Roadmap, and the V.20 upgrade: Are they enough to help Pi Network recover in March?

The main thing driving recent changes is a series of updates happening now on the Pi Mainnet blockchain. The Pi Core Team announced on March 5th that the blockchain is being upgraded in several stages. To prepare, those running nodes had to finish updating them by a specific deadline.

The Pi Mainnet blockchain is being updated, and all node operators need to finish step three of the process by March 12th to stay connected, according to a recent post from the Pi team.

Now that the upgrade to version v19.9 went smoothly earlier this week, developers are already working on what’s next.

Our network has been successfully updated to protocol version 19.9. We’re now working on version 20.2 and plan to have it finished before Pi Day in 2026. If you operate a node, please ensure it’s upgraded and watch for more details soon.

— Pi Network (@PiCoreTeam) March 4, 2026

The timing of this upgrade is important for Pi users, also known as Pioneers. Pi Day, celebrated annually on March 14th, has often caused noticeable changes in the market.

For example, the price of Pi Coin increased by 21% on March 13, 2025, as people looked forward to Pi Day the following day. Historically, Pi Coin’s price tends to go up in the week before Pi Day and then decrease afterward.

Everyone is already getting excited about this year’s event, and there’s talk that some big news about the platform or its related services could be revealed around the same time.

One widely discussed possibility is the launch of a decentralized exchange within the Pi ecosystem.

A popular account within the Pi community stated on March 6th that launching PiDex on the mainnet on Pi Day would be incredibly positive news. The introduction of smart contracts would be a significant achievement, allowing the Pi ecosystem’s token-based projects to begin operating and fostering growth.

As a researcher following the Pi Network, I’ve noticed a renewed sense of optimism recently. This seems to be fueled by Pi’s previous mention on Kraken’s roadmap for potential listing. While Kraken hasn’t given a specific date, the Pi community is buzzing about it again now that Kraken has made some positive steps with US regulations. It’s encouraging to see these developments, even though a listing isn’t guaranteed.

Kraken Buzz Grows, but Rising Exchange Supply Threatens Pi’s Recovery Narrative

The crypto exchange Kraken getting access to the U.S. Federal Reserve’s payment system has generated a lot of buzz. Many believe this will significantly boost Kraken’s role in traditional finance (TradFi).

Certain leaders in the crypto space think clearer rules and regulations could make it easier for new tokens to be listed on exchanges in the future.

Although many people are becoming more hopeful, data from the Pi blockchain indicates that significant selling could still hinder its price from going up.

Pi token balances on cryptocurrency exchanges have recently reached a record high, totaling around 435.4 million tokens.

When exchange reserves increase, it usually means more people are planning to sell Pi coin. If there isn’t enough demand to buy those coins, the price could go down.

Back in the spring, a large release of tokens caused worries about falling prices. While that situation has eased somewhat, the overall availability of tokens still heavily influences how investors feel about the market.

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2026-03-06 15:11