Pheasant Network Updates CCTP USDC Bridge Rates
Pheasant Network Updates CCTP USDC Bridge Rates
🐦 Bridge Rates Just Flew Up
Pheasant Network has announced an adjustment to their CCTP USDC bridging rates as part of their next phase development. This update follows their dual-protocol USDC bridging system launched in October:
- Pheasant Protocol: Handles transactions under 500 USDC, optimized for speed
- CCTP Protocol: Processes transactions over 500 USDC, with slightly longer processing times
The rate adjustment aims to optimize the bridging experience and maintain system efficiency. Users can continue accumulating Pheasant Points while using these services.
Pheasant Network Integrates with MegaETH and Designs Token Distribution Database
**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.
Base Maintains Top Spot in Weekly Bridge Rankings
**Base continues its dominance** in cross-chain bridge activity, securing first place for another consecutive week. **Top 5 Bridge Networks:** - **1st place:** Base - **2nd place:** Linea - **3rd place:** Unichain - **4th place:** Optimism - **5th place:** Arbitrum **Scroll** showed notable performance despite missing the top 5 rankings this week. The consistent rankings suggest **stable user preferences** across major Layer 2 networks, with Base maintaining its leading position in bridge transaction volume.
🔨 Pheasant Network Drops v4.22.0
Pheasant Network released **v4.22.0** with a complete frontend refactoring. The update delivers: - Smoother site performance - Faster loading times - Easier maintenance for developers The team promises **more upgrades coming soon**. [Full release notes](https://docs.pheasant.network/ecosystem/release-notes#v4.22.0-frontend-refactoring-november-19)
Pheasant Network Completes Token Claiming Page Design
**Pheasant Network** made significant progress on its token distribution system this week. **Key developments:** - Completed designing the token claiming page - Continued work on token distribution infrastructure - Released [v4.21.0 with additional fee optimization](https://docs.pheasant.network/ecosystem/release-notes#v4.21.0-additional-fee-optimization-november-11) - Preparing for upcoming funding announcement The optimistic bridge protocol is moving closer to launching its token distribution mechanism, building on previous weeks' foundation work.
BNB Chain Takes Top Spot in Weekly Cross-Chain Swap Rankings
**BNB Chain leads weekly swap activity** across blockchain networks, according to the latest Pheasant Network report. **Top performers include:** - 🥇 BNB Chain - 🥈 Ethereum - 🥉 Polygon - ✨ Arbitrum - 🔥 Avalanche - 🍀 Optimism - 🚀 Gravity The report highlights **strong competition** among established networks, with several chains missing the top 7 rankings despite growing activity. Pheasant Network continues tracking cross-chain activity with their motto: *"Always cross-chain, one network!"*