Somnia Mainnet Launches with SOMI Token After Processing 10 Billion Transactions
Somnia, a Layer 1 blockchain by UK company Improbable, has launched its mainnet and native token, SOMI. Key details include:
- The mainnet follows a six-month testnet that processed over 10 billion transactions and onboarded 118 million unique wallet addresses.
- Somnia achieved a record of 1.9 billion transactions in one day during the testnet phase.
- Sixty validators have been onboarded, including Google Cloud.
- The network claims to deliver over one million transactions per second with low fees.
- At launch, it integrates with protocols such as LayerZero and Ankr, focusing on DeFi and gaming applications.
- The SOMI token will serve for transaction fees, validator rewards, and governance.
Improbable's CEO stated the blockchain is designed for speed and scale, aiming to support real-time virtual experiences in a digital asset economy.