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Somnia Blockchain Sets New Benchmark with 1.05 Million TPS on Devnet, Announces Upcoming Testnet Launch

Crypto Newsmart by Crypto Newsmart
3 months ago
in NFT's
Reading Time: 2 mins read
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SNEAK PEEK

  • Achieved record-breaking 1.05 million TPS for ERC-20 transfers.
  • Testnet launch to provide real-world application experience.
  • Advanced infrastructure enabling seamless high-speed transactions.

Somnia, a next-generation Layer-1 blockchain designed to support high-demand consumer applications, has shattered performance records with its latest Devnet benchmark test. The network achieved an astonishing 1.05 million transactions per second (TPS) for ERC-20 token transfers, solidifying its position as one of the most scalable blockchain solutions to date.

Simulating real-world conditions, Somnia’s Devnet performance showcased its potential to power fully on-chain applications at unprecedented speeds. Among the key highlights was the ability to process 300,000 NFT mints per second while maintaining an average block time of just 100 milliseconds. Additionally, the network executed 50,000 Uniswap trades per second, leveraging 100,000 active accounts engaging in randomized transactions.

Paul Thomas, Founder and CEO of Somnia, emphasized the significance of these results: “Our technology is designed to support the demanding requirements of high-performance dApps while maintaining exceptional performance and cost-efficiency. These results validate our approach and demonstrate that Somnia is ready to push blockchain scalability to the next level. With the Testnet launch approaching, we’re eager to see the community build on this momentum.”

Developed by Improbable, Somnia incorporates advanced blockchain technology, including a custom EVM compiler and cutting-edge data compression methods. These innovations empower developers to create scalable, user-friendly decentralized applications (dApps) without the usual constraints of traditional blockchain networks.

The upcoming public testnet launch will provide developers and community members the opportunity to engage with Somnia’s capabilities firsthand. This milestone marks a significant step forward in advancing web3 technology, paving the way for new, scalable applications across gaming, finance, social, and metaverse experiences.





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