• CONTACT
  • MARKETCAP
  • BLOG
Coin Mela Coin Mela
  • Home
  • News
    • All News
    • Bitcoin
    • Ethereum
    • XRP
    • Altcoins
    • NFT
    • Blockchain
    • Web3
    • DeFi
    • Finance
    • Stocks
    • Company
  • Learn
  • Market
  • Advertise
Reading: Somnia Launches Mainnet and SOMI Token as Testnet Hits 10 Billion Transactions
Share
  • bitcoinBitcoin(BTC)$115,089.00
  • ethereumEthereum(ETH)$4,530.19
  • rippleXRP(XRP)$3.05
  • tetherTether(USDT)$1.00
  • solanaSolana(SOL)$239.14
  • binancecoinBNB(BNB)$906.45
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.261172
  • staked-etherLido Staked Ether(STETH)$4,525.87
  • tronTRON(TRX)$0.348705
CoinMelaCoinMela
Font ResizerAa
  • Home
  • News
  • Learn
  • Market
  • Advertise
Search
  • Home
  • News
    • All News
    • Bitcoin
    • Ethereum
    • XRP
    • Altcoins
    • NFT
    • Blockchain
    • Web3
    • DeFi
    • Finance
    • Stocks
    • Company
  • Learn
  • Market
  • Advertise
Have an existing account? Sign In
Follow US
© Coin Mela Network. All Rights Reserved.
Web3

Somnia Launches Mainnet and SOMI Token as Testnet Hits 10 Billion Transactions

News Desk
Last updated: September 3, 2025 10:28 pm
News Desk
Published: September 3, 2025
Share
somnia token mainnet launch web3 chain.webp

Somnia, an ambitious high-performance blockchain network, has officially launched its mainnet and native SOMI token, marking a significant milestone in the evolution of on-chain entertainment and Web3 gaming. The launch took place on September 2, 2025, at 3 PM UTC, as disclosed in a recent press release.

The Somnia testnet, which has been operational since February 2025, has impressively recorded over 10 billion transactions, showcasing the network’s robust capabilities. Founder Paul Thomas expressed optimism about the platform’s future, stating that it is “on track” to achieve 60 billion transactions monthly. The network demonstrated its potential during its testnet phase, processing peak transaction rates of over 1 million transactions per second across 100 distributed nodes and achieving a remarkable 1.9 billion transactions within just 24 hours.

The SOMI token has been designed as a multi-faceted utility token within the ecosystem, serving roles such as currency for validator rewards, ecosystem incentives, and governance functions. The strategic launch of SOMI is expected to facilitate further developments in the decentralized application (dApp) space, particularly in gaming.

In a bid to enhance its presence in the industry, the Somnia Foundation has also introduced a $10 million grant alongside its new accelerator program, Dream Catalyst. This initiative aims to support promising applications in sectors such as gaming, decentralized finance (DeFi), artificial intelligence (AI), and social finance (SocialFi). To complement these efforts, Somnia will organize 24 online mini-hackathons over the next year, along with the launch of the Somnia Dreamathon, targeting real-world use cases and aiding enterprises in deploying scalable on-chain applications.

Furthermore, the announcement of Google Cloud as an official validator on the Somnia network represents a significant development. This partnership will enhance Somnia’s capacity to host Web3 games and dApps, providing developers with a solid environment for building, testing, and deploying new solutions. The integration of Google Cloud’s BigQuery data warehouse with Somnia’s on-chain data may pave the way for a new analytics platform tailored for developers and project founders.

As interest in Somnia grows, major cryptocurrency exchanges such as Binance, KuCoin, and MEXC are expected to list the SOMI token starting September 2, 2025, facilitating greater access and visibility for potential investors and users.

Eightco Holdings Soars 3,000% After Adding Worldcoin to Treasury, Paving the Way for Web3 Banking
Korea Emerges as a Leading Web3 Innovation Hub Driven by Crypto Culture and Technology
Top Web3 Communities for Learning and Networking
Huaxing Capital’s Bold Bet on Web 3: A New Era or a Desperate Gamble?
Lambes Web3 Integrates New Data Center Technology for Enhanced Digital Innovation
Share This Article
Facebook Whatsapp Whatsapp
ByNews Desk
Follow:
CoinMela News Desk brings you the latest updates, insights, and in-depth coverage from the world of cryptocurrencies, blockchain, and digital finance.
Previous Article bd6ad9d0 81dc 11f0 af5b 0c92c5265eb7 Job Openings Drop to 7.18 Million in July, Fall Short of Expectations
Next Article altcoins statistics Altcoins Surge as Bitcoin Dominance Declines, Unlocking New Investment Opportunities
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News
ff3c0dbe20f71f9b977b3900284e2ffe5973e414 1920x1079
Market Sentiment Remains Bullish Post-CPI Report as Traders Anticipate Fed Rate Cuts
ZEM45OBVTRED3NKWLGWROHKKYQ
Winklevoss Twins’ Gemini Exchange Raises $425M in IPO, Valued at $3.3 Billion
vlcsnap 2025 09 11 19h33m07s918
Surge of Heat Expected Across US as Summer Lingers
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Coin Mela Coin Mela
CoinMela is your one-stop destination for everything Crypto, Web3, and DeFi news.
  • About Us
  • Contact Us
  • Corrections
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Advertise with Us
  • Quick Links
  • Finance
  • News
  • Company
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Blockchain
  • DeFi
  • Stocks
© Coin Mela Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?