Major cryptocurrency exchange Kraken has added Pi Network to its public listings roadmap under the 'Chains' category, signaling potential future integration. However, Kraken cautions that assets in this category are not guaranteed to be listed. The move has sparked discussion within the Pi community as a step toward broader exchange recognition.
Kraken Roadmap Signals Potential Listing
In its updated roadmap, Kraken listed Pi Network as a blockchain that could be supported in the future. The exchange noted that inclusion in the 'Chains' category means “no guarantee of listing”. Despite this, the development is seen as positive by Pi supporters, who view it as progress toward eventual exchange trading.
KYC Verification Delays and Mainnet Migration Challenges
Meanwhile, Pi Network continues to face criticism over prolonged KYC verification delays and mainnet migration bottlenecks. Many users report lengthy wait times and account blocks. Recently, the project announced plans to unblock 2.5 million users in certain regions and expand KYC access to 700,000 additional accounts. However, critics argue that the core issue of slow mainnet migration remains unresolved.
Market Performance and Security Innovation
The PI token has been under severe market pressure, losing approximately 83% of its value year-on-year, trading around $0.14. In an effort to enhance user security, Pi Network is testing palm print authentication as an alternative to facial recognition, aiming to improve verification without relying on biometric data that may raise privacy concerns.
Overall, Kraken's roadmap inclusion provides a short-term sentiment boost for Pi Network, but the project must address its KYC and mainnet migration issues to sustain long-term credibility.