The present disclosure provides an array substrate, a method of manufacturing the same, and a display panel. The array substrate includes a base substrate, a thin film transistor disposed at a side of the base substrate. The thin film transistor includes a first electrode, a second electrode, and a gate electrode. The array substrate includes a data line disposed at the side of the base substrate The array substrate includes a connection electrode electrically connecting the first electrode of the thin film transistor to the data line. An orthographic projection of an active layer of the thin film transistor on the base substrate is located within an orthographic projection of the gate electrode of the thin film transistor on the base substrate.