Pharos Network announced the launch of the PacificOcean Mainnet and native token PROS after raising $52 million. The project said the network is designed for real-world asset settlement and circulation, plans to support more than 50 dApps, and is targeting a valuation of about $1 billion. Earlier project details said the Layer 1 blockchain’s public testnet processed nearly 4.3 billion transactions across more than 200 million wallet addresses, and that the mainnet launches with USDC and CCTP infrastructure.