Morpho price

Morpho v2 vs. Aave v4 will be very exciting to watch

Why I Started Paying Attention to Pharos To be honest, I’ve been a bit tired recently while researching the RWA sector. I’ve seen too many "revolutionary" projects and heard too many "disruptive" stories, only to find that most of them are just PPT public chains, with mediocre technology and teams that don’t hold up under scrutiny. But Pharos Network is different. When I first saw this project, I thought it was just another L1 public chain—after all, there are countless public chains out there. But when I learned that CEO Alex Zhang was previously the CTO of AntChain, I was taken aback. AntChain, after all, is the underlying architecture supporting over a billion users on Alipay! There are really very few teams globally that can develop blockchain applications at this scale. This isn’t just a background that can be boasted about from having worked at a big company; this is a team that has truly experienced the challenges of ultra-large-scale systems. I suddenly realized: this might be the most "hardcore" RWA project I’ve seen this year. What’s different about the Ant Group team doing RWA? Many people might ask: is the Ant Group team reliable for Web3? My answer is: very reliable, and possibly even more so than teams with purely Web3 backgrounds. Why? Because the biggest challenge in the RWA (Real World Asset tokenization) sector isn’t technology, but compliance, scalability, and enterprise-level applications. When dealing with traditional assets like real estate, bonds, and stocks, you must comply with financial regulations in various countries. To serve institutional clients, the system must be stable, efficient, and secure. To achieve large-scale applications, you must have the capability to handle massive transactions. These are precisely the areas where the Ant Group team excels. When Alex Zhang was the CTO at AntChain, he was handling the transaction system for over a billion Alipay users. This kind of system design experience is something that most Web3 teams simply do not have. Additionally, with engineers from PayPal, Microsoft Research, and tech expert Wishlonger, the team configuration at Pharos can be described as "hardcore among hardcore." I believe that the products developed by such a team will not be toys. Technically, Pharos is indeed impressive. Many public chains boast about their TPS (transactions per second), but very few can achieve high performance + EVM compatibility + flexible architecture. Pharos’s technical metrics are: 30,000 TPS, sub-second confirmation, EVM compatibility. This level of performance places it firmly in the top tier of current public chains. But what interests me even more is its three-layer architecture design: Base Layer: Manages data storage and availability. Core Layer: Handles consensus and execution. Extension Layer: Manages heterogeneous computing. This design is very flexible and can customize execution environments for different RWA scenarios. For example: Tokenization of real estate requires compliance; Pharos can customize compliance modules. High-frequency trading requires extreme performance; Pharos can optimize execution speed. Cross-chain assets require interoperability; Pharos can integrate cross-chain protocols. This kind of flexibility is something many public chains cannot achieve. Moreover, Pharos supports both EVM and WASM virtual machines, allowing developers to write in Solidity or use Rust for high-performance contracts. This is a huge advantage for developers. The Timing is Just Right I have always believed in one logic: no matter how good the technology, if the timing is wrong, it’s hard to succeed. But the timing for Pharos is truly just right. There are $50 trillion in traditional assets globally waiting to be tokenized, and the RWA sector is moving from "concept" to "implementation." Pharos is perfectly positioned in this windfall: In September, it partnered with Morpho, which manages $9 billion in assets. It integrated with Concero for cross-chain capabilities, unlocking global liquidity. It secured investments from Yunfeng Financial and Ant Group. These moves indicate that Pharos is not only strong in technology but is also strategically positioning itself in RWA implementation and global liquidity. Furthermore, compared to Monad’s $225 million funding and MANTRA’s $11 million funding, Pharos has only raised $8 million. What does this mean? It means that Pharos’s valuation is still very low, presenting a huge opportunity for early participants. My Judgment I have been pondering a question lately: which sector will be certain in the next cycle? My answer is: RWA. Because RWA is not just hype; it’s a real demand—global traditional assets need more efficient liquidity, and blockchain is the best solution. In the RWA sector, Pharos possesses a triple advantage of technology, team, and timing: Technology: 30,000 TPS, three-layer architecture, dual virtual machines. Team: Ant Group CTO, backgrounds from PayPal and Microsoft. Timing: On the eve of the RWA sector explosion, with a low valuation. In the short term, participating in the testnet may yield airdrops; in the long term, Pharos has the potential to become one of the most critical infrastructures in the RWA sector. I have already started paying attention to Pharos’s testnet and plan to participate. If you are also researching the RWA sector, I suggest you take a look at Pharos. This could be the most noteworthy RWA project of the year. @pharos_network