diff --git a/doc/bips.md b/doc/bips.md
index 952d289daa..3e8d799bce 100644
--- a/doc/bips.md
+++ b/doc/bips.md
@@ -49,7 +49,7 @@ BIPs that are implemented by Bitcoin Core:
 * [`BIP 173`](https://github.com/bitcoin/bips/blob/master/bip-0173.mediawiki): Bech32 addresses for native Segregated Witness outputs are supported as of **v0.16.0** ([PR 11167](https://github.com/bitcoin/bitcoin/pull/11167)). Bech32 addresses are generated by default as of **v0.20.0** ([PR 16884](https://github.com/bitcoin/bitcoin/pull/16884)).
 * [`BIP 174`](https://github.com/bitcoin/bips/blob/master/bip-0174.mediawiki): RPCs to operate on Partially Signed Bitcoin Transactions (PSBT) are present as of **v0.17.0** ([PR 13557](https://github.com/bitcoin/bitcoin/pull/13557)).
 * [`BIP 176`](https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki): Bits Denomination [QT only] is supported as of **v0.16.0** ([PR 12035](https://github.com/bitcoin/bitcoin/pull/12035)).
-* [`BIP 324`](https://github.com/bitcoin/bips/blob/master/bip-0324.mediawiki): The v2 transport protocol specified by BIP324 and the associated `NODE_P2P_V2` service bit are supported as of **v26.0**, but off by default ([PR 28331](https://github.com/bitcoin/bitcoin/pull/28331)).
+* [`BIP 324`](https://github.com/bitcoin/bips/blob/master/bip-0324.mediawiki): The v2 transport protocol specified by BIP324 and the associated `NODE_P2P_V2` service bit are supported as of **v26.0**, and on by default ([PR 28331](https://github.com/bitcoin/bitcoin/pull/28331)).
 * [`BIP 325`](https://github.com/bitcoin/bips/blob/master/bip-0325.mediawiki): Signet test network is supported as of **v0.21.0** ([PR 18267](https://github.com/bitcoin/bitcoin/pull/18267)).
 * [`BIP 339`](https://github.com/bitcoin/bips/blob/master/bip-0339.mediawiki): Relay of transactions by wtxid is supported as of **v0.21.0** ([PR 18044](https://github.com/bitcoin/bitcoin/pull/18044)).
 * [`BIP 340`](https://github.com/bitcoin/bips/blob/master/bip-0340.mediawiki)
diff --git a/src/net.h b/src/net.h
index e79207fb14..1342262c65 100644
--- a/src/net.h
+++ b/src/net.h
@@ -94,7 +94,7 @@ static constexpr bool DEFAULT_FIXEDSEEDS{true};
 static const size_t DEFAULT_MAXRECEIVEBUFFER = 5 * 1000;
 static const size_t DEFAULT_MAXSENDBUFFER    = 1 * 1000;
 
-static constexpr bool DEFAULT_V2_TRANSPORT{false};
+static constexpr bool DEFAULT_V2_TRANSPORT{true};
 
 typedef int64_t NodeId;
 
diff --git a/test/functional/test_framework/test_node.py b/test/functional/test_framework/test_node.py
index 44ac5fa461..b709435c2c 100755
--- a/test/functional/test_framework/test_node.py
+++ b/test/functional/test_framework/test_node.py
@@ -129,8 +129,15 @@ class TestNode():
         # Default behavior from global -v2transport flag is added to args to persist it over restarts.
         # May be overwritten in individual tests, using extra_args.
         self.default_to_v2 = v2transport
-        if self.default_to_v2:
-            self.args.append("-v2transport=1")
+        if self.version_is_at_least(260000):
+            # 26.0 and later support v2transport
+            if v2transport:
+                self.args.append("-v2transport=1")
+            else:
+                self.args.append("-v2transport=0")
+        else:
+            # v2transport requested but not supported for node
+            assert not v2transport
 
         self.cli = TestNodeCLI(bitcoin_cli, self.datadir_path)
         self.use_cli = use_cli