diff --git a/doc/api/stream.md b/doc/api/stream.md
index 4f242a5d519da2..068e076df4bc1f 100644
--- a/doc/api/stream.md
+++ b/doc/api/stream.md
@@ -1948,6 +1948,10 @@ changes:
 A module method to pipe between streams and generators forwarding errors and
 properly cleaning up and provide a callback when the pipeline is complete.
 
+Pipeline will try to use the `.read()` API when available and dynamically
+adjust the `highWaterMark` of each readable stream to match the destination.
+If `.read()` is not available it will fallback to use `.pipe(dst)`.
+
 ```js
 const { pipeline } = require('stream');
 const fs = require('fs');
diff --git a/lib/internal/streams/pipeline.js b/lib/internal/streams/pipeline.js
index f5f489577854ac..3f69ab5df7a5d7 100644
--- a/lib/internal/streams/pipeline.js
+++ b/lib/internal/streams/pipeline.js
@@ -312,14 +312,7 @@ function pipelineImpl(streams, callback, opts) {
       }
     } else if (isNodeStream(stream)) {
       if (isReadableNodeStream(ret)) {
-        ret.pipe(stream, { end });
-
-        // Compat. Before node v10.12.0 stdio used to throw an error so
-        // pipe() did/does not end() stdio destinations.
-        // Now they allow it but "secretly" don't close the underlying fd.
-        if (stream === process.stdout || stream === process.stderr) {
-          ret.on('end', () => stream.end());
-        }
+        pipe(ret, stream, { end });
       } else {
         ret = makeAsyncIterable(ret);
 
@@ -339,4 +332,66 @@ function pipelineImpl(streams, callback, opts) {
   return ret;
 }
 
+function pipe(src, dst, opts) {
+  if (typeof src.read !== 'function') {
+    src.pipe(dst);
+    return;
+  }
+
+  src
+    .on('end', end)
+    .on('readable', pump)
+    .on('error', done);
+  dst
+    .on('drain', pump)
+    .on('error', done);
+
+  function done() {
+    src
+      .off('end', end)
+      .off('readable', pump)
+      .off('error', done);
+    dst
+      .off('drain', pump)
+      .off('error', done);
+  }
+
+  function end() {
+    if (opts?.end !== false) {
+      dst.end();
+    }
+    done();
+  }
+
+  const objectMode = (
+    src.readableObjectMode ||
+    src._readableState?.objectMode ||
+    dst.writableObjectMode ||
+    dst._writableState?.objectMode
+  );
+  const rState = src._readableState;
+  const wState = dst._writableState;
+
+  function pump() {
+    if (dst.writableNeedDrain) {
+      return;
+    }
+
+    while (true) {
+      if (!objectMode) {
+        const n = (wState && wState.highWaterMark) ?? dst.writableHighwaterMark;
+        if (n && rState && rState.highWaterMark < n) {
+          rState.highWaterMark = n;
+        }
+      }
+      const chunk = src.read();
+      if (chunk === null || !dst.write(chunk)) {
+        return;
+      }
+    }
+  }
+
+  process.nextTick(pump);
+}
+
 module.exports = { pipelineImpl, pipeline };
diff --git a/test/parallel/test-stream-pipeline.js b/test/parallel/test-stream-pipeline.js
index ae4e76352f3545..e8bbe586d87275 100644
--- a/test/parallel/test-stream-pipeline.js
+++ b/test/parallel/test-stream-pipeline.js
@@ -22,9 +22,7 @@ const tsp = require('timers/promises');
   let finished = false;
   const processed = [];
   const expected = [
-    Buffer.from('a'),
-    Buffer.from('b'),
-    Buffer.from('c'),
+    Buffer.from('abc'),
   ];
 
   const read = new Readable({
@@ -217,10 +215,9 @@ const tsp = require('timers/promises');
     let sent = 0;
     const rs = new Readable({
       read() {
-        if (sent++ > 10) {
-          return;
-        }
-        rs.push('hello');
+        setImmediate(() => {
+          rs.push('hello');
+        });
       },
       destroy: common.mustCall((err, cb) => {
         cb();
@@ -348,8 +345,7 @@ const tsp = require('timers/promises');
   };
 
   const expected = [
-    Buffer.from('hello'),
-    Buffer.from('world'),
+    Buffer.from('helloworld'),
   ];
 
   const rs = new Readable({
@@ -985,7 +981,7 @@ const tsp = require('timers/promises');
   // Make sure 'close' before 'end' finishes without error
   // if readable has received eof.
   // Ref: https://github.com/nodejs/node/issues/29699
-  const r = new Readable();
+  const r = new Readable(({ read() {} }));
   const w = new Writable({
     write(chunk, encoding, cb) {
       cb();
@@ -1350,7 +1346,7 @@ const tsp = require('timers/promises');
   });
   const cb = common.mustCall((err) => {
     assert.strictEqual(err.name, 'AbortError');
-    assert.strictEqual(res, '012345');
+    assert.strictEqual(res, '01234');
     assert.strictEqual(w.destroyed, true);
     assert.strictEqual(r.destroyed, true);
     assert.strictEqual(pipelined.destroyed, true);
diff --git a/test/parallel/test-stream-promises.js b/test/parallel/test-stream-promises.js
index 33bfa292720da1..2ceee5176a57ae 100644
--- a/test/parallel/test-stream-promises.js
+++ b/test/parallel/test-stream-promises.js
@@ -25,9 +25,7 @@ assert.strictEqual(finished, promisify(stream.finished));
   let finished = false;
   const processed = [];
   const expected = [
-    Buffer.from('a'),
-    Buffer.from('b'),
-    Buffer.from('c'),
+    Buffer.from('abc'),
   ];
 
   const read = new Readable({
diff --git a/test/parallel/test-whatwg-webstreams-adapters-to-streamwritable.js b/test/parallel/test-whatwg-webstreams-adapters-to-streamwritable.js
index 8da73b4fe9f0c3..c754e08c307d3e 100644
--- a/test/parallel/test-whatwg-webstreams-adapters-to-streamwritable.js
+++ b/test/parallel/test-whatwg-webstreams-adapters-to-streamwritable.js
@@ -214,7 +214,7 @@ class TestSource {
 
 {
   const writableStream = new WritableStream({
-    write: common.mustCall(2),
+    write: common.mustCall(),
     close: common.mustCall(),
   });
   const writable = newStreamWritableFromWritableStream(writableStream);