Pi Network Outperforms Bitcoin and XRP Ahead of Kraken Listing: Will ‘PI Day’ Send It to $1?

Pi Network (PI) is having its best week in six months. Following Kraken’s confirmation of the official listing of PI, the cryptocurrency has surged 28%, reaching the highest level since September 2025.

In the process, PI coin has outperformed Bitcoin, Ethereum (ETH), and XRP.

That combination of outperformance, exchange validation, and fresh six-month highs is already a compelling story.

But there is a second catalyst sitting directly ahead that the market has not yet fully priced in: “PI Day.”

For context, PI Day falls on March 14, and for a coin with Pi Network’s community size and cultural identity, that date carries weight well beyond a calendar coincidence.

Here is why and what could be next for the PI coin price.

PI Bulls Push Better Than BTC, XRP, ETH

On the 4-hour chart, the Pi Network price trades at $0.29, having broken above a descending channel.

Amid the move, the Money Flow Index (MFI )at 86.96 is overbought. However, the indicator has remained elevated throughout the entire rally without rolling over, a sign of genuine demand pressure.

Besides that, the Awesome Oscillator (AO) at 0.042 is building green bars above zero. This signifies rising bullish momentum.

Compared with Bitcoin, the BTC/USD (Daily) is at $71,356. However, the daily chart shows a series of lower highs, indicating that the flagship cryptocurrency is only stable, not trading higher.

XRP trades at $1.41, bouncing from the $1.10 low. However, it still struggles to reclaim the $1.50 level it has lost since February.

So, the pattern from the Feb. analysis (a descending triangle nearing its apex) remains unresolved.

So, as it stands, the PI coin is outperforming both on a relative basis.

While BTC and XRP are recovering from deep corrections without confirmed trend reversals, PI’s price has already broken its structure to the upside, with momentum indicators confirming.

However, the risk is PI’s MFI at 86.96. But a pullback toward the broken channel (near $0.22–$0.24) would be healthy before continuation.

The Kraken Listing — Why It Hits Differently for PI

As stated earlier, the upcoming Kraken listing slated for today also adds to the bullish bias.

While some other crypto exchanges have listed PI coin, not all seem to have the kind of bullish sentiment Kraken has had this week.

“Pi Network is a mobile-first Layer-1 blockchain and developer platform with a utility-based ecosystem on an identity-verified mainnet. Post-only mode, deposits enabled. Trading starts Mar 13 at 15:00 UTC,” The crypto exchange revealed.

Ahead of the launch, the Pi Network weighted sentiment surge is telling a different story to every other spike in this series, and it’s a bullish one.

Weighted sentiment has hit 6.873 today as the price climbs to $0.29. Critically, this is not a crowd getting excited at the top.

The chart history makes the bullish case clear. From December through January, sentiment was persistently negative while price drifted lower.

The first meaningful positive sentiment spike occurred in mid-February near $0.172, just before the price began its recovery.

Each subsequent sentiment peak has corresponded with a higher price for PI

Today’s 6.873 reading is the highest on the chart, arriving as the PI coin price reaches its highest level since the series began.

This is the opposite of the DOT bull trap pattern (high sentiment at stale lows) and the opposite of TRX (sentiment peak at resistance before reversal).

Therefore, if sustained, the Pi Network price could hit the next resistance above $0.32. But that’s not all

PI Coin Price Forecast: Higher Highs Ahead

On the daily chart, PI coin is firing every major bullish signal at once.

As seen below, a golden cross has formed as the 20-EMA ($0.21) crossed above the 50-EMA ($0.1922).

This is the first time it has happened since the bear trend began in August 2025.

Furthermore, the Moving Average Convergence Divergence (MACD) confirms the strength.

The line (0.0237) has surged well above the signal (0.0138) with histograms building green. The gap between line and signal (the widest on the chart) signals accelerating momentum, not exhaustion.

The descending channel that has defined PI’s price since October has cleanly broken. Therefore, the short-term target annotated on the chart is $0.37 (0.618 Fib), representing a further 27% from current levels.

Above that, if buying pressure increases, Pi Network price could hit $0.44 (0.786 Fib) and ultimately $0.52 (1 Fib).

However, the key support to watch is near 0.382 Fib at $0.28 on any pullback. If the bulls lose hold of this region, the golden cross supporting the higher highs could invalidate the prediction.

PI Day: Will It Extend the Rally?

In the meantime, Pi Day has always been a cyclical catalyst for projects, and 2026 might not be an exception.

Every year, traders accumulate PI in the weeks leading up to March 14, betting on major announcements.

That “buy the rumor” dynamic is fully in play right now, pushing trading volume up over 175% to roughly $127 million.

This year, however, the stakes are higher.

The confirmed Kraken listing on March 13 and the successful v20.2 protocol upgrade have given traders concrete reasons to buy, not just speculate.

Interestingly, it also appears that Kraken is preparing for the event with its cryptic post on X. The bigger story, though, is liquidity.

For the first time, Pi Day is coinciding with institutional-grade exchange access, which means the token is entering a genuine price discovery phase.

Anticipation is now focused on two potential announcements — a native Pi DEX launch and progress toward Step 3 of the mainnet migration.

If either materializes on March 14, the upside could be sharp. If neither does, a swift reversal for PI coin is equally possible

About the Author

Victor Olanrewaju

Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.

With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.

He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.

In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.

At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.

He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.

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