Pi Network Makes Aggressive US Play—Kraken Pro Adds Leveraged Trading

Mobile-mined crypto crashes Wall Street’s party with prime brokerage debut.

Subheader: From academic project to leveraged asset—Pi’s wild ride hits overdrive

Kraken Pro just handed traders 5x firepower on what began as a Stanford PhD experiment. The listing marks Pi’s first major exchange foothold after years of ’mainnet limbo’—and conveniently drops during peak altseason. (Cynical aside: Nothing boosts adoption like letting degens gamble with house money.)

Subheader: Regulatory tightrope walk begins

No word yet whether the SEC will treat this like a utility token or come down like a ton of bricks. Either way, the timing’s impeccable—right as Congress debates new crypto market structure bills. Pi’s team better hope their economics hold up when speculators start yanking the leverage chain.

Closing thought: One of crypto’s last ’fair launch’ projects just joined the big leagues. Whether that’s a triumph or tragedy depends how much you trust margin traders to behave.

As per the post shared on X, Kraken Pro supports over 360 markets and offers 40+ collateral options, allowing users great flexibility in how they fund and trade their positions.

In February 2025, Gate.io formally began trading Pi Network’s token (PI) through spot and perpetual contracts. The exchange also introduced a USDT-margined PI perpetual contract with up to 50x leverage to provide traders more margin trading alternatives.

Pi Network (PI) now ranks 26th among cryptocurrencies, with a market price of $0.7647, showing a 6.30% loss in the last 24 hours.  The project has a market capitalisation of $5.52 billion, with a stable growth rate of 5.48% and a 24-hour trading volume of $246.91 million.

Also Read: Pi Network Faces Rug Pull Allegations, What’s the Reason?