Somnia Mainnet Launches, Unveiling Native SOMI Token After Massive Testnet Success
Somnia, a Layer 1 blockchain developed by UK-based metaverse technology firm Improbable, has officially launched its mainnet, introducing its native token, SOMI. This significant milestone follows an extensive six-month testnet phase that saw the network process an astounding 10 billion transactions, onboard 118 million unique wallet addresses, and garner support from over 70 ecosystem partners.
Key Takeaways
- Somnia's mainnet is now live, featuring its native SOMI token.
- The testnet recorded over 10 billion transactions and 118 million unique wallet addresses.
- The network claims a potential throughput of over one million transactions per second with sub-second finality.
Testnet Achievements and Performance
During its testnet phase, Somnia demonstrated remarkable performance, processing an impressive 1.9 billion transactions in a single day. This figure reportedly sets a new record for an EVM-compatible blockchain. Somnia founder Paul Thomas stated that the testnet involved real users testing applications, indicating that the network's throughput can scale further as its user and application base grows.
Network Infrastructure and Partnerships
Somnia has secured the participation of 60 validators, including major player Google Cloud, which also supports other prominent blockchains like Flare, Celo, and Tezos. The network is engineered to deliver high throughput, exceeding one million transactions per second with sub-second finality and low transaction fees. Its strategic aim is to become the most efficient blockchain network for decentralized finance (DeFi) and the gaming industry.
Ecosystem Integration and Token Utility
At its mainnet debut, Somnia boasts integrations with key protocols and tools such as LayerZero, Sequence, Ankr, DIA, and Thirdweb. The initial ecosystem comprises a variety of gaming and social applications, including Variance, Maelstrom, and Sparkball. The native SOMI token is designed to facilitate transaction fees, reward validators, and enable network governance. Herman Narula, founder and CEO of Improbable, emphasized that Somnia is the first blockchain built for the speed and scale required for real-time virtual experiences, aiming to establish an open digital asset economy for billions of users across immersive environments.