Pharos Network, a programmable open finance Layer-1 blockchain, has launched on the AtlanticOcean testnet, achieving a milestone in blockchain infrastructure scale, memory, and speed, and expanding its ecosystem from a regional pilot to a globally connected network.
Just as the Atlantic Ocean once connected continents through trade and exploration, Pharos' AtlanticOcean testnet aims to serve as a bridge for on-chain global liquidity. It enables institutions, developers, and partners to test the transfer of real-world assets (RWAs) across borders, laying the foundation for global ecosystem expansion before the mainnet launch.
Since launching its first testnet in May, Pharos has recorded nearly 3 billion transactions across 23 million blocks with a block time of 0.5 seconds.It has also deployed a global validator network, achieved full compatibility with the Ethereum Dencun Specification (Dencun SPEC) and reliable block replay, and implemented numerous optimizations, including parallel execution, enhanced caching, and the release of low-memory nodes. Collaborations with partners such as Morpho Labs, Bitverse, and Euclid, as well as integrations with OKX Wallet, Bitget Wallet, Hemera Explorer, and Goldsky, further validate the network's readiness for large-scale, real-world testing.
On this basis,AtlanticOcean introduced major upgrades: an official PoS token economic model aligned with the mainnet with a total supply of 1 billion, convenient staking and validator voting; a modular architecture that decouples consensus, execution, node, and storage layers; pipeline-based consensus enhancement; hybrid parallel execution based on DAG and Block-STM V1; cache-friendly storage through PharosDB; and an expanded developer toolset to support more composable and complex testing scenarios.
Wish Wu, co-founder and CEO of Pharos Network, said: "Based on what we've built, we've validated the foundations of Pharos: superior performance, fair access, and scalable execution. AtlanticOcean takes this a step further. From now on, Pharos goes global. Before we bring real assets onto the blockchain, we're pushing the boundaries of scale, memory, and speed. We're focused on providing a free-flowing digital rail for liquidity between institutions, protocols, and individuals around the world."
Pharos plans to roll out testnet activations in phases. To ensure continuity and a smooth transition, the initial testnet will operate alongside AtlanticOcean for several months, allowing ecosystem partners to migrate gradually. During this period, high-performing community validators will be invited to join AtlanticOcean and the future mainnet validator pool. Subsequent phases will continue to expand the network and advance mainnet preparations, with a mainnet launch in Q1 2026—a critical milestone in Pharos' journey toward global, on-chain real-world asset finance.
RWA partners, institutions, and developers are invited to explore, test, and contribute to the network at https://testnet.pharosnetwork.xyz/atlantic.
About Pharos Network
Pharos Network is a next-generation financial Layer 1 platform that connects real-world assets (RWA), traditional finance (TradFi), and cross-chain liquidity into a single programmable network. Pharos provides ultra-fast execution and neutrality for real-world applications, including asset tokenization, high-throughput DeFi, and enterprise-grade finance. The project is backed by leading global investors such as Hack VC and Faction VC. For more information, visit www.pharosnetwork.xyz.
