Great progress has been made in the electrochromic (EC) technology with potential applications in various fields. As one of the most promising EC materials, Prussian blue (PB) has attracted great attention due to its excellent EC performance, such as low cost, easy synthesis, rich color states, chemical stability, suitable redox potential, and fast color-switching kinetics. This review summarizes the recent progress in PB electrodes and devices, including several typical preparation techniques of PB electrodes, as well as the recent key strategies for enhancing EC performance of PB electrodes. Specifically, PB-based electrochromic devices (ECDs) have been widely used in various fields, such as smart windows, electrochromic energy storage devices (EESDs), wearable electronics, smart displays, military camouflage, and other fields. Several opportunities and obstacles are suggested for advancing the development of PB-based ECDs. This comprehensive review is expected to offer valuable insights for the design and fabrication of sophisticated PB-based ECDs, enabling their practical integration into real-world applications.