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About Pharos
Analysis of 21 Jul 2026Pharos is an EVM-compatible Layer 1 that positions itself as infrastructure for real-world finance, tokenized assets, payments, and AI agents. Pacific Ocean Mainnet launched on April 28, 2026, alongside native USDC and Circle Cross-Chain Transfer Protocol access.
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Its architecture combines parallel execution, EVM and WASM support, AsyncBFT consensus, and Special Processing Networks that can run application-specific execution and validator sets. Pharos reports $52 million in funding and has published a MiCA crypto-asset whitepaper.
As of July 21, 2026, CoinGecko lists roughly 135.6 million PROS in circulation from a 1 billion genesis supply, making the token’s float and future release schedule central to the investment case.
