• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Somnia Launches Devnet: Up to 400,000 Transactions per Second

user avatar

by Giorgi Kostiuk

2 years ago


Somnia, a next-generation blockchain platform, has officially launched its Devnet, offering unprecedented access to a high-speed blockchain capable of handling up to 400,000 transactions per second for both Web3 users and developers.

Performance and Capabilities of Somnia Devnet

Somnia's Devnet provides users and developers a firsthand look at the platform’s real-time capabilities, opening up new possibilities for decentralized applications across various sectors like gaming, social finance, DeFi, and metaverse interactions. The platform is capable of sustaining over 400,000 transactions per second with finality in less than a second, regardless of network demand.

Platform Features and Technical Details

Somnia employs a unique architecture and technological innovations that keep transaction fees under a cent. Its blockchain uses a proprietary database allowing ultra-fast read and write speeds between 15 to 100 nanoseconds and enhances data transfer rates between nodes by 10 to 20 times. Full compatibility with the Ethereum Virtual Machine ensures developers can build reactive applications within Solidity.

Future Plans and Program Initiatives

Somnia has opened applications for its first developer cohort, inviting participants to build and test on its network. Accepted participants will benefit from a $10 million grant program for technical guidance and support. The Devnet will allow users to interact with an initial lineup of decentralized applications including a DEX, NFT platforms, and games using Somnia Test Tokens acquired through a faucet.

Somnia envisions its blockchain as the key to an on-chain future, where data and applications integrate seamlessly with blockchain technology. By offering rapid transaction speeds and negligible fees, Somnia creates opportunities for Web3 developers and users, revolutionizing the blockchain space with unmatched speed, efficiency, and scalability.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ripple Secures Preliminary CASP License Approval in Luxembourg

chest

Ripple has secured preliminary approval for a CASP license from Luxembourg's CSSF, marking a significant step in its operations.

user avatarNguyen Van Long

Ripple and SBI Holdings Launch RLUSD Stablecoin in Japan

chest

Ripple has partnered with SBI VC Trade to launch the RLUSD stablecoin in Japan after receiving approval from the Japan Financial Services Agency.

user avatarJesper Sørensen

OpenAI's GPT56 Model Naming Causes Confusion in Crypto Markets

chest

OpenAI's recent announcement of naming its GPT56 model capability tiers as Sol, Terra, and Luna has led to significant discussions within the crypto community.

user avatarSatoshi Nakamura

Crypto Market Seeks Direction Amid X Money Launch

chest

The launch of X Money arrives at a crucial moment for the crypto market, where assets are striving for a clearer direction.

user avatarRajesh Kumar

Current Report Utilizes Data from Coinglass

chest

The current report utilizes data sourced from Coinglass, ensuring that the information presented is accurate and relevant.

user avatarLucas Weissmann

Security Alert: MEV Bot JaredfromSubwayeth Exploited

chest

A security alert has been issued regarding the MEV bot known as JaredfromSubwayeth, which was exploited on June 26, 2026, raising concerns about the security of MEV bots in the blockchain environment.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.