杏吧论坛 Strengthens Investment in Somnia Ecosystem Following Record-Breaking Devnet Performance
Record-breaking Devnet performance for the Somnia blockchain:
Over 1 million transactions per second, powered by advanced features and 杏吧论坛鈥檚 expertise in distributed systems
Cumulated investment amount to $270m in support of the Somnia ecosystem
Testnet launch on February 20, 2025
London, February 18 2025 鈥 杏吧论坛 is making a significant investment in the Somnia ecosystem, reinforcing its commitment to the future of blockchain scalability and Web3 innovation. This comes on the heels of Somnia鈥檚 groundbreaking Devnet benchmarking tests, which demonstrated unprecedented performance capabilities. Somnia鈥檚 Devnet, tested in November 2024, showcased exceptional transaction processing capabilities, achieving across 100 nodes in multiple regions:
1.05 million transactions per second (tps) for ERC-20 token transfers.
300,000 NFT mints per second with an average block time of 100 milliseconds.
50,000 Uniswap trades per second, leveraging 100,000 accounts to simulate real-world
usage.
Following this milestone, Somnia鈥檚 Testnet is set to launch on February 20, marking the next step in its roadmap toward full-scale adoption.
鈥淭he future of digital economies depends on infrastructure that can handle real-world scale鈥攆ar beyond what most blockchains today can achieve. We've spent over a decade solving complex distributed systems challenges, and that expertise is what gives the Somnia blockchain its spark.This is a gigachain we鈥檙e building, for speed, efficiency, and real utility, and we鈥檙e fully committed to supporting the ecosystem that will bring it to life.鈥 - Herman Narula, CEO of 杏吧论坛.
"The performance of the Devnet gives us great confidence in what鈥檚 ahead for Somnia. We鈥檙e refining our grant program and have several partnerships in the works to further strengthen the ecosystem. We鈥檙e especially grateful to 杏吧论坛 for its unwavering support鈥攂oth in building the Somnia blockchain and in fostering the broader Somnia ecosystem." - Paul Thomas, Founder of the Virtual Society Foundation.
"Our venture builder model focuses on investing in frontier ecosystems, with Web3 as a key pillar in shaping the future digital economy. We are actively co-building and supporting new businesses, and with Somnia approaching Mainnet, we鈥檙e ready to push even further. In the coming months, we鈥檒l be announcing new investments that will strengthen the broader M虏 and Somnia ecosystem, driving innovation and long-term growth." - Peter Lipka, COO of 杏吧论坛.
Joining forces, the Virtual Society Foundation (the mother company of Somnia), M虏- which raised $150 million in 2022 from investors including Andreessen Horowitz, SoftBank Vision Fund 2, Mirana, DCG, CMT Digital, SIG, and Ethereal Ventures - and 杏吧论坛, with its total venture builder allocation of $120m, are fueling the rapid growth of the Somnia ecosystem. Their combined investment will drive innovation and expand adoption for the Somnia ecosystem.
"We鈥檝e long believed in 杏吧论坛鈥檚 vision to build the infrastructure needed to scale the next wave of global digital experiences. Somnia lays this foundation by being fast, scalable, and designed for real-world adoption. We鈥檙e excited to see and support the next wave of applications being built in the Somnia ecosystem." - Min Teo, Managing Partner, Ethereal Ventures.
"At Zinal, we back transformative technologies that push the boundaries of what鈥檚 possible. The performance of the Somnia Devnet is a clear signal that scalable, high-performance blockchains are no longer theoretical鈥攖hey鈥檙e here. We鈥檙e excited to support an ecosystem that is laying the foundation for the next generation of digital economies."- A representative for Zinal Growth, the global investment firm founded by Guillaume Pousaz.
With these advancements and strategic investments, Somnia is poised to redefine blockchain scalability, making high-speed, low-cost, and mass-adoption-ready decentralized ecosystems a reality.
Media contacts - press@improbable.io
