A display panel and a display device are disclosed. The display panel defines a basic display area and a light transmissive display area connected to the basic display area. The light transmissive display area includes an anode layer, a pixel defining layer, a light-emitting functional layer, and a cathode all sequentially laminated to each other. The anode layer includes a first transparent conductive layer, a metal reflective layer, and a second transparent conductive layer. The metal reflective layer is disposed on the first transparent conductive layer and corresponding to the light-emitting elements. The display device includes the display panel.