Pharos Network Cuts Through the Noise With High-Speed Layer 1 Testnet Launch
Move over, legacy finance—Pharos just dropped a blockchain that actually works for real-world assets. Their new testnet promises institutional-grade throughput, finally making RWA tokenization more than just a buzzword for VC pitch decks.
Why it matters: Every bank and asset manager is suddenly ’blockchain-curious’ now that yields are collapsing. Pharos’ tech could turn that lip service into actual on-chain activity—assuming they don’t get acquired by BlackRock first.
The punchline: Another ’Ethereum killer’ enters the ring. But this one’s got the specs to back it up... and a ticking clock before TradFi co-opts the whole narrative.