Pheasant Network Launches Cross-Chain Swap Supporting 30+ Networks

**Weekly Bridge Activity Report** Base continues to dominate cross-chain bridge activity, securing the top position for another consecutive week. The latest rankings show: - **1st place:** Base - **2nd place:** Optimism - **3rd place:** Linea - **Notable mentions:** Arbitrum and Unichain Scroll demonstrated remarkable performance despite not breaking into the top five positions. This marks Base's sustained leadership in bridge volume, maintaining its position from previous weeks when it consistently ranked first.

Pheasant Network has launched its February Monthly Quest, inviting users to explore cross-network routes and earn rewards. **What's Happening:** - The monthly quest encourages users to open new routes across different blockchain networks - Participants can earn Pheasant Points through various activities - The quest is designed for flexible, self-paced exploration **Key Details:** - Quest runs throughout February 2026 - [Access the quest here](https://pheasant.network/quests/61) - Follows the pattern of previous monthly quests, including November's edition The initiative continues Pheasant Network's regular monthly quest program, which provides users with structured opportunities to engage with cross-chain bridging functionality.

Pheasant Network made progress on its upcoming token distribution this week: **Development Updates** - Built test environment for $PNT token claiming - Designed tokenomics for $PNT - Improved Sign-In with Ethereum (SIWE) functionality **Governance** - Participated in Optimism governance voting The team continues work on the token distribution system following their [$2M seed round announcement](https://x.com/PheasantNetwork/status/1998682797255336067) in December. Recent infrastructure improvements include a transaction monitoring tool and increased bridge amount limits. Pheasant Network operates as an optimistic bridge connecting Layer 1 and Layer 2 networks.

**Pheasant Network**, an optimistic bridge infrastructure, has cast its vote in Optimism governance. As a **RetroPGF grantee**, the network actively participates in the ecosystem's decentralized decision-making process. This demonstrates the project's commitment to contributing beyond technical infrastructure. The participation comes as Optimism continues expanding its governance structure, with three councils now streaming OP tokens and the Foundation distributing Retro Funding rewards to impactful Superchain projects.

**Pheasant Network** made significant progress in its latest weekly update (November 24-30): - **MegaETH Integration**: Successfully integrated with @megaeth, expanding cross-chain capabilities - **Token Distribution Infrastructure**: Designed database architecture for upcoming token distribution system - **Product Updates**: Released enhanced relayer system and frontend improvements in [v4.23.0](https://docs.pheasant.network/ecosystem/release-notes#v4.23.0-enhanced-relayer-system-and-frontend-november-25) - **Roadmap Clarity**: Published updated [roadmap and focus areas](https://x.com/PheasantNetwork/status/1993867371279237435) for community transparency These developments build on previous work including the claiming page design and token distribution research from earlier updates.