AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Somnia, a high-performance Layer 1 blockchain developed by Improbable in partnership with the Somnia Foundation, has officially launched its mainnet and introduced its native token, $SOMI, following a six-month testnet phase that processed over 10 billion transactions. The network is designed to support real-time, commercial-scale applications in sectors such as gaming, decentralized finance (DeFi), and social platforms. During the testnet period, the blockchain set multiple records, including processing 1.9 billion transactions in a single day—the highest reported for an EVM-compatible network—and 250 million transactions in five days from the game Chunked alone. The testnet also attracted 118 million unique wallet addresses and over 70 ecosystem partners [3].
At launch, Somnia supports over one million transactions per second with sub-second finality and ultra-low fees, making it a viable infrastructure for large-scale, interactive dApps. The network is fully
Virtual Machine (EVM) compatible, enabling seamless integration with existing Ethereum tools and smart contracts. Innovations such as the IceDB custom database, advanced data compression, and the MultiStream consensus model allow for high throughput and fast execution while maintaining security and decentralization [3].The $SOMI token plays a central role in the Somnia ecosystem, facilitating transaction fees, validator rewards, and governance functions. To accelerate adoption, the Somnia Foundation has launched a $10 million grant program and the Dream Catalyst accelerator, which supports the development of gaming, DeFi, AI, and SocialFi projects with commercial potential. Additionally, the foundation will host 24 online mini-hackathons over the next year and launch the Dreamathon pilot to demonstrate how businesses can deploy on-chain applications at scale [3].
Paul Thomas, founder of Somnia, emphasized that the mainnet launch is not merely about launching another blockchain, but about enabling the online experiences that blockchain technology was built to unlock. He stated, “With mainnet live and the $SOMI token powering our economy, we are supporting a growing ecosystem of enterprises, brands, developers, creators, and users. We are on track to reach 60 billion monthly transactions by enabling unique, large-scale experiences that no other blockchain can match” [3].
The Somnia mainnet and $SOMI token are now live and publicly accessible, positioning the network as a key infrastructure for real-time, immersive, and decentralized digital economies. With over 70 active projects already integrated, including Variance, Maelstrom, ForU AI, Quills, and Sparkball, and partnerships with infrastructure providers such as Google Cloud, LayerZero, and Ankr, Somnia aims to expand the scope of blockchain technology beyond financial use cases into broader consumer applications [4].
The project is backed by $270 million in committed investment from Improbable, MSquared, and the Somnia Foundation. This funding underscores the confidence in the network’s potential to serve as foundational infrastructure for open and interconnected digital economies. The mainnet and token became live on September 2, 2025 [3].
Source: [1] What Is Somnia (SOMI)? (https://academy.binance.com/en/articles/what-is-somnia-somi) [2] Somnia Launches Mainnet and $SOMI Token to Power Real-World Applications Following 10 Billion Testnet Transactions (https://www.globenewswire.com/news-release/2025/09/02/3143031/0/en/Somnia-Launches-Mainnet-and-SOMI-Token-to-Power-Real-World-Applications-Following-10-Billion-Testnet-Transactions.html) [3] Somnia Launches Mainnet, $SOMI Token After Processing 10 Billion Testnet Transactions (https://www.benzinga.com/crypto/cryptocurrency/25/09/47456072/somnia-launches-mainnet-somi-token-after-processing-10-billion-testnet-transactions) [4] GlobeNewswire (https://www.manilatimes.net/tmt-newswire/globenewswire)

Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet