Improbable's Somnia blockchain to enter DevNet phase with claims of processing over 400,000 transactions per second
British metaverse technology company Improbable has announced that the Somnia blockchain will soon enter its DevNet phase. The company claims that the blockchain will be capable of processing more than 400,000 transactions per second. This news comes amid other developments in the cryptocurrency industry, including OKX's expansion in Dubai and BlackRock's purchase of more MicroStrategy shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold price near all-time high amid increased bitcoin and equity volatility
Gold is trading above $2,820, nearing Monday’s all-time high, while volatility in bitcoin and U.S. equities continues to rise.Analysts underscore gold’s status as a safe-haven asset during market uncertainty — noting that, although bitcoin is often dubbed “digital gold,” its greater volatility and shorter track record make it a less stable alternative.
US Ethereum ETFs post record $1.5 billion daily trading volume amid Trump tariff turmoil
Spot Ethereum ETFs in the U.S. witnessed record trading volumes on Monday amid the President Trump tariff-fueled turmoil.Following Trump’s tariff announcements on Saturday, ether was one of the hardest hit, dropping 36% to a low of around $2,100 on Monday.
Trump effect on bitcoin so far similar to 2016 win
The end of the bull market would look much worse than this
Crypto Price Today (Feb 4, 2025): BTC, ETH Rebounds in Relief
Trending news
MoreCrypto prices
More
