somi
Somnia Network represents a groundbreaking high-performance blockchain infrastructure specifically engineered for the demanding requirements of metaverse and large-scale gaming applications. As an EVM-compatible Layer 1 blockchain, Somnia achieves unprecedented technical capabilities including over 1,000,000 transactions per second (TPS) with sub-second finality and sub-cent transaction feesmetrics that fundamentally address the scalability limitations preventing mainstream blockchain adoption in interactive virtual environments. The network's architecture centers around its innovative Multistream Consensus mechanism, where each validator operates its own independent “data chain” while a separate “consensus chain” creates global state coherence, effectively decoupling data production from consensus verification. This design enables parallel transaction processing that scales with the number of validators rather than creating bottlenecks as in traditional blockchain architectures. Somnia implements a proof-of-stake consensus protocol with validators required to stake 5,000,000 SOMI tokens per node, with sophisticated delegation options for token holders. The custom IceDB database delivers deterministic performance with 15-100 nanosecond read/write operations, solving the unpredictable latency issues that plague conventional blockchain databases and enabling precise gas pricing based on actual resource consumption. Advanced compression techniquesparticularly streaming compression that leverages the single-producer nature of each data chainenable significantly higher compression ratios than traditional blockchains, while BLS signature aggregation further reduces bandwidth requirements. The SOMI token (with fixed supply of 1,000,000,000) serves as the native utility token for gas payments, validator staking, and future governance functions, with a strategic allocation model balancing immediate network needs with long-term ecosystem sustainability. Somnia's infrastructure ecosystem includes over 30 key partners spanning RPC services (Ankr), indexing (The Graph), oracles (DIA), developer tools (Thirdweb), and security (Mandiant through Google Cloud), creating a comprehensive development environment. The project has already demonstrated real-world validation with 1 billion testnet transactions, 250 million processed in under a week, and partnerships enabling large-scale metaversal events like MLB's Virtual Ballpark and K-pop listening parties that accommodate tens of thousand concurrent participants. Led by Paul Thomas (former Improbable executive with Goldman Sachs engineering background), Somnia has secured a 270 million ecosystem fund from Improbable, MSquared, and the Virtual Society Foundation to accelerate adoption. The network's Shannon Testnet has proven capable of supporting fully on-chain applications previously impossible due to blockchain limitations, positioning Somnia as a potentially transformative infrastructure for the development of immersive virtual experiences at internet scale.
$1.17
Summarize recent on chain activitySomnia recent Whale ActivityCoins top profitable wallets of Somnia are buying
Market Cap
$187,036,353
24h Trading Vol
$423,921,450
All Time High
N/A
All Time Low
N/A
Total Supply
N/A
Max Supply
∞
Circulating Supply
N/A
Categories
Chains
EthereumContracts
0x1b0f...aed9
