Online multiplayer and rankings will no longer work…
“In early April 2024, online play and other functionality that uses online communication will end for Nintendo 3DS and Wii U software,” Nintendo said on its Support website.
“This also includes online co-operative play, internet rankings, and data distribution.”
“if an event occurs that would make it difficult to continue online services for Nintendo 3DS and Wii U software, we may have to discontinue services earlier than planned.”
As for Pokémon Bank
Pokémon Bank will still retain its online functionality (presumably since it’s still used by players and uses online connectivity as its central mechanic).
With a few useful keywords (you've got them), the literal first result of any search engine. 3DS hacking / custom firmware installation has been extensively documented and is quite straightforward.