What Is Pharos Network Testnet?

On May 7, 2025, Pharos Network officially launched its public Testnet, introducing what may be one of the most forward-thinking Layer 1 blockchain architectures in today’s digital asset landscape. 

Designed by a team with deep institutional experience from AntChain and Alibaba’s blockchain division, Pharos positions itself not as a competitor in a saturated field—but as a category-defining protocol specifically engineered for real-world asset (RWA) adoption and enterprise-grade DeFi.

The Testnet is not merely a performance showcase—it is a live demonstration of what compliance-first, high-performance infrastructure looks like when purpose-built for scalable real-world use cases.

Read more: ​​What Is Pharos Network? Discover the New Crypto Layer-1 for Real-World Assets

Pharos Network Testnet: A Technical Blueprint for Institutional-Grade Blockchain

Pharos is not attempting to iterate on current norms—it’s attempting to rebuild the Web3 enterprise stack from the ground up. The technical foundations offer:

Up to 30,000 TPS with 1-Second Finality

A parallel processing architecture, modeled after GPU-level throughput, allows for asynchronous computation and exponential scaling. The roadmap targets 50,000 TPS, with 2 gigagas/sec throughput—figures placing it among the most performant chains in existence.

Storage Efficiency Up to 80%

Through adaptive state compression and decentralized indexing, Pharos tackles the overlooked challenge of sustainable data infrastructure, optimizing long-term network health.

Read more: What is Real-World Asset Tokenization (RWA)

Built-In Privacy and Compliance Layer

Compliance is not an afterthought. Pharos incorporates a ZK-KYC/AML system at Layer 1, allowing verified identity participation without exposing private data. It also integrates a Secure Private Network (SPN) model, enabling institutional firewalls and governance without sacrificing decentralization.

Modular Execution Engine

Developers can scale horizontally via module-based deployment, creating highly customizable DeFi rails, asset management tools, and cross-border payment mechanisms—all within a regulatory-aware framework.

Ethereum-Equivalent Tooling

Full EVM compatibility ensures that projects migrating from Ethereum or Layer 2s face no technical fragmentation, dramatically lowering barriers to ecosystem expansion.

Read more: Is the US Inching Closer to Adopting the RWA Trend?

Why Pharos Matters in the RWA Race

The market for tokenized real-world assets is projected to surpass $10 trillion by 2030, driven by the digital reinvention of bonds, real estate, private equity, and commodities. 

Yet adoption remains sluggish due to infrastructural limitations: latency, throughput bottlenecks, regulatory uncertainty, and poor user experience.

Pharos addresses all four in one go—delivering the first unified chain architecture that speaks the language of both regulators and developers.

In particular, the chain’s privacy-preserving compliance layer, combined with its smart modular architecture, enables use cases such as:

• Tokenized green bonds tied to ESG data feeds
  
   
• Real estate marketplaces with programmable rent and fractionalization
  
   
• Enterprise-grade supply chain finance with full auditability
  
   
• Cross-border payment corridors with regulatory synchronization
  
   
• Decentralized identity-based asset distribution
  
   

With growing calls for real-world asset integration from governments and financial institutions, the arrival of Pharos is both timely and strategic.

Read more: Algorand RWA Coming Soon? Here's What Just Leaked

Pharos Network Ecosystem Acceleration Already Underway

Pharos Network isn’t launching into a vacuum. Early ecosystem alignment includes:

• Wallet Infrastructure: Deep integration with OKX Wallet for seamless onboarding and access.
  
   
• Protocol Partners: Active participation from Zenith Swap, ELFi, Faroswap, Buzzing Club, Nextmate.AI, OpenFi, Hemera, R2, Supra, Blocksense, and more.
  
   
• Developer Portals: A robust developer onboarding system via the official Testnet site, offering real-time support, grant programs, and dedicated infrastructure resources.
  
   

This isn’t a vision for the future—it’s a live and growing sandbox for compliant DeFi innovation.

Read more: How Rayls is Shaping the Future of Real-World Asset Tokenisation

Latest Official Announcements

May 7, 2025 – Testnet Launch Announcement

The official unveiling outlined the core architectural goals, ecosystem vision, and a call to action for developers.

X (Twitter) Update

The most recent post on the official Pharos X account underscores Testnet access and invites developers into the early community.

 

Final Word

In a landscape where most chains either chase hype or replicate legacy models, Pharos Network is architected for longevity, compliance, and scalable innovation. 

It is a platform built not just for the next crypto bull cycle, but for the financial institutions and enterprise applications that will define blockchain’s lasting impact.

If tokenized real-world assets are the next great evolution of decentralized finance, Pharos is building the highway they’ll run on.

Read more about RWA:

Two Main Areas of RWA Ecosystem Development

$1 Billion in US Real Estate to Be Tokenized: Blocksquare and Vera Capital Lead the RWA Revolution

Why Is Goldfinch (GFI) Rallying? RWA Momentum and Growing Credit AUM Fuel 38% Surge

Is Tokenization the Next Bullish Narrative? Analyzing the Impact on the US Real Estate Sector

Is RWA the New Trending Narrative for Arbitrum? This Data Thinks So

FAQ

1. What is the Pharos Network Testnet?

The Testnet is a live sandbox environment allowing developers to test and build on Pharos’s high-speed, compliance-integrated Layer 1 blockchain before mainnet launch.

2. Who is behind the Pharos Network?

Pharos was founded by a core team of ex-AntChain and Alibaba blockchain architects, with expertise in enterprise-grade infrastructure and decentralized finance systems.

3. What makes Pharos unique?

Its combination of GPU-level throughput, zero-knowledge compliance systems, modular architecture, and EVM compatibility make it uniquely positioned to support both institutional use and Web3-native innovation.

4. Can developers migrate Ethereum projects to Pharos?

Yes. Pharos is fully EVM-compatible and supports direct deployment of Ethereum smart contracts with minimal changes required.

5. How can I get started with the Testnet?

Developers and users can explore the platform by visiting testnet.pharosnetwork.xyz and accessing detailed technical documentation.