Pi Network enters the EU! MiCA White Paper released, travel Token testing launched.

Pi Network expands its ecosystem, and the Pitogo travel Token is now officially launched on the Testnet. The early rollout allows Pi users the opportunity to be the first to experience this Token designed for booking flights, hotels, and travel services within the Pi ecosystem. Pi Network released a White Paper compliant with MiCA standards, outlining the architecture, risks, Token economic model, and compliance statement under the new cryptocurrency regulations in the European Union.

Pitogo Travel Token Testnet officially launched

The Pitogo Token is issued by MAMBOCHAIN LTD and is now available for direct activation in the Pi wallet. Once activated, users can view their balance, test transactions, and experience the early travel booking features planned for the Pitogo platform. Developers state that this Testnet phase is crucial as it helps verify user experience before the mainnet launch. The test interface displays basic information about the token, including supply, Test-Pi liquidity, and a link to the Pitogo website.

Although the Token currently has no monetary value on the Testnet, its release marks the official move of Pi Network towards a wider range of practical applications. Following approval from the Pi core team, the Pitogo Token is expected to launch on the Pi mainnet. At that time, Pioneers will be able to use the Token to book real travel services, including international flights, hotel accommodations, and travel packages.

The choice of travel application scenarios for Pitogo is of great strategic significance. The tourism industry is one of the largest industries in the world, with an annual transaction volume exceeding several trillion dollars. If Pi Network can establish a foothold in the travel payment sector, it will provide real value to its tens of millions of users, rather than just being a speculative target. Furthermore, travel payments involve cross-border transactions, and the fees of traditional financial systems are high and inefficient. The advantages of low cost and instant settlement of blockchain technology are particularly evident in this field.

The purpose of the Testnet phase is to discover and fix potential technical issues. Users can test the booking process, payment mechanisms, and refund functions in a zero-risk environment. If serious vulnerabilities or user experience issues are found during testing, the development team can make adjustments before the mainnet goes live. This cautious approach shows that Pi Network is evolving in a more professional and responsible direction, rather than rushing to launch inadequately tested products.

Mainnet migration surged to a record 770,000 coins in a single day

The launch of Pitogo coincides with a week of rapid progress for the Pi Network. The number of migrations has surged significantly, with over 770,000 Pi tokens mapped to the mainnet in a single day. This is one of the strongest waves of migration since the network began expanding to the open mainnet. Based on the current market valuation of Pi (even though it has not yet been listed on mainstream exchanges), the daily migration value is approximately $770,000, a figure that indicates users' growing confidence in the Pi Network mainnet.

The mainnet migration is a key step for Pi Network in transitioning from the closed testing phase to an open blockchain. During the migration process, users need to complete KYC (Know Your Customer) verification to prove the authenticity of their identity. Only users who pass KYC will be able to transfer the Pi coins accumulated during the mobile mining phase to the mainnet wallet and conduct transactions or use them in the future. The surge in migration numbers indicates that more and more users have completed KYC verification, which is an important milestone for Pi Network towards compliance and globalization.

The migration volume of 770,000 tokens in a single day has significant historical meaning for the Pi Network. This number far exceeds the previous average daily migration volume, indicating that community activity is rapidly increasing. Possible driving factors include the launch of practical applications like Pitogo, the regulatory clarity brought by the MiCA White Paper, and the community's expectations for the mainnet to be fully open soon. When users see that Pi coin is no longer just a number on a ledger, but can be used to book travel services, the motivation to migrate naturally strengthens.

Three Major Drivers of Mainnet Migration Surge

Practical Application Scenario: Pitogo Travel Token provides concrete use value, incentivizing users to complete the migration.

Regulatory Progress: The release of the MiCA White Paper enhances compliance confidence, and users are more confident about the mainnet launch.

Community Expectations: Rumors suggest that mainstream exchanges may list Pi, prompting users to complete migration preparations in advance.

If this migration momentum can be sustained, it will lay a solid foundation for the liquidity and activity of the Pi Network mainnet.

v24 Protocol Upgrade and Performance Breakthrough

At the same time, after the release of Stellar's “galexie v24.1.0” update, Pi Network is also preparing to upgrade to version v24. The team expects that the upcoming version of Pi will enhance performance and support expansion applications such as Pitogo, as well as other Testnet projects. Protocol upgrades are a necessary step in the continuous development of blockchain, with each upgrade aimed at increasing transaction throughput, reducing fees, enhancing security, or adding new features.

Pi Network is built on the Stellar Consensus Protocol (SCP), a consensus mechanism that differs from Bitcoin's proof of work or Ethereum's proof of stake. SCP uses the Federated Byzantine Agreement (FBA), allowing nodes to select trusted validator groups, forming a decentralized trust network. The v24 upgrade may include optimizations to the consensus mechanism, enhancements to smart contract functionality, and better support for third-party applications such as Pitogo.

The developer community of Pi continues to launch new tools, including the redesigned Pi App Studio, aimed at helping developers build smoother and smarter applications throughout the ecosystem. These updates are designed to prepare for the transition of the network to a global Layer-1 blockchain economy. The improvements to Pi App Studio will lower the development threshold and attract more developers to build dApps on the Pi Network, enriching the ecosystem.

MiCA White Paper Marks New Milestone in Regulatory Compliance

Another exciting development is that the Pi official website has released a White Paper that complies with MiCA standards. The document, titled “MICA White Paper - Version 1.1 (October 2025),” outlines Pi's architecture, risks, Token economic model, and compliance statement under the new EU cryptocurrency regulations. The White Paper indicates that Pi Network is seeking to operate in the EU/European Economic Area (EU/EEA). This marks one of the strongest signals yet that the project is preparing to enter the regulated global market.

MiCA (Markets in Crypto-Assets) is a comprehensive regulation on crypto assets passed by the EU in 2023, set to take full effect in 2024. This regulation requires crypto projects operating in the EU to disclose detailed technical architecture, risk factors, governance structure, and Token economic models. Compliance with MiCA standards means that Pi Network is willing to accept the EU's stringent regulations, in stark contrast to many crypto projects that choose to evade regulation.

Although this document is not an official prospectus, it confirms the intent of Pi Network to comply with international standards and lists key disclosure information required by MiCA. The document also emphasizes that Pi is a Layer-1 Crypto Assets, belonging to the non-custodial type, and is not classified as a utility Token under the regulation. This classification reflects the broader use of Pi as digital currency within its ecosystem.

The strategic significance of the EU market for Pi Network is substantial. The EU has a population of approximately 450 million, making it one of the largest unified markets in the world. If Pi can obtain permission to be listed on exchanges in the EU, it will provide a compliant trading channel for its tens of millions of users, significantly enhancing the liquidity and market recognition of Pi coin. Furthermore, compliance with MiCA standards may also pave the way for Pi to enter other strictly regulated markets (such as the US and Japan), as the regulatory bodies in these markets often reference the EU's regulatory practices.

Pi Network is one step closer to global activation

With the launch of the large Testnet, the advancement of regulatory preparations, and increasingly active migration activities, Pi Network seems to be entering a new stage. Community leaders claim that the global promotion plan has begun, and practical applications such as Testnet Tokens, early travel tools, and the continuously expanding regional exchanges support this.

As Pi Network prepares for the long-awaited mainnet launch, the emergence of projects like Pitogo indicates that third-party developers are beginning to build a complete ecosystem around Pi digital currency. Currently, pioneer users can start testing and gain preliminary insights into how Pi will integrate into global daily application scenarios in the coming months. From mobile mining applications to travel booking platforms, from Testnet to compliance with MiCA's White Paper, Pi Network is gradually fulfilling its promise to become a globally adopted crypto asset.

For the Pi community, these developments represent the rewards that have been awaited for years. For observers of the crypto industry, the case of Pi Network will test a question: can a massive community with tens of millions of users, combined with practical applications and regulatory compliance, successfully challenge the mainstream status of Bitcoin and Ethereum? The answer will be revealed in the coming months.