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Somnia Launches Mainnet, $SOMI Token After Processing 10 Billion Testnet Transactions
Somnia, a Layer 1 blockchain developed by Improbable and the Somnia Foundation, has launched its mainnet and introduced a native token SOMI/USD. The launch follows a six-month testnet phase that processed more than 10 billion transactions and onboarded over 118 million wallet addresses. The blockchain is designed to support commercial-scale applications in sectors such as finance, gaming and social platforms. During testing, Somnia set multiple industry records, including processing 1.9 billion transactions in a single day, the highest reported by an EVM-compatible blockchain. At launch, the network will support over 70 active projects, including Variance, Maelstrom, ForU AI, Quills and Sparkball. Infrastructure partners include Google Cloud, LayerZero, Sequence and Ankr. Also Read: How One Trader Scored $250 Million From The Trump-Linked World Liberty Financial Token Somnia has also onboarded 60 validators to its ecosystem. The $SOMI token will facilitate transaction fees, validator rewards and ecosystem incentives, with governance functions planned for the future. A $10 million grant program and the Dream Catalyst accelerator have been announced to encourage development across gaming, DeFi, AI and SocialFi applications. Somnia's team said the blockchain can achieve over one million transactions per second with sub-second finality and low transaction fees. The foundation will also support adoption through hackathons and pilot programs to showcase real-world use cases. Backed by $270 million in committed investment from Improbable, MSquared and the Somnia Foundation, the network positions itself as infrastructure for digital economies. The mainnet and token went live on Sept. 2, 2025. Read Next: * Strategy Just Bought Another 4,048 BTC -- How Far Can Corporate Bitcoin Holdings Go? Photo: Shutterstock Market News and Data brought to you by Benzinga APIs
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Somnia Token and Mainnet Launch: What's Next?
* The Somnia testnet has recorded over 10 billion transactions since February 2025. * Somnia founder Paul Thomas says the network is "on track" for 60 billion monthly transactions. * Binance, KuCoin, MEXC, and several other exchanges will list SOMI from Sept. 2, 2025. Somnia, a high-performance network aiming to become the backbone of on-chain entertainment and Web3 gaming, is launching its native SOMI token and mainnet today. Somnia Launch As per a press release shared with CCN, Somnia is launching its mainnet and SOMI token on the 2nd of September at 3pm UTC. Somnia has sought to become one of the foremost players in the high-performance Layer-1 blockchain race, and a go-to destination for gaming and decentralized applications (dApps). Speaking with CCN, Somnia founder Paul Thomas described it as a "Layer-1 built from the ground up for fully on-chain entertainment." During its testnet phase, the project reported hitting over 1 million transactions per second across 100 distributed nodes. According to the release, it later recorded 1.9 billion transactions in 24 hours. Its testnet has reportedly processed over 10 billion transactions, with over 118 million unique wallet addresses created. In the release, Thomas explains: "We are on track to reach 60 billion monthly transactions by enabling unique, large-scale experiences that no other blockchain can match." SOMI functions as a classic utility token within the ecosystem, i.e., as a currency for validator rewards, ecosystem incentives, governance, and more. Expansion and Integration To further its presence, the Somnia Foundation launched a $10 million grant alongside its accelerator program, Dream Catalyst, to support gaming, DeFi, AI, and SocialFi apps that have "commercial potential." In addition, 24 online mini-hackathons are set to take place over the next year, which will be coupled with the Somnia Dreamathon pilot. This initiative will target real-world use cases, as well as help enterprises deploy scalable on-chain apps. Just yesterday, Somnia announced Google Cloud as an official validator on its network. In a press release , it noted this will reinforce its capacity to grow and host Web3 games/dApps. Furthermore, with the testnet on Google Cloud, the integration gives developers an ideal environment to build, test, and deploy new solutions and products. Later down the line, Somnia may integrate its on-chain data with Google Cloud's BigQuery "data warehouse" and build a new analytics platform for devs and project founders.
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Somnia, a high-performance Layer 1 blockchain, has launched its mainnet and $SOMI token after processing 10 billion testnet transactions. The platform aims to support large-scale applications in gaming, finance, and social platforms.
Somnia, a Layer 1 blockchain developed by Improbable and the Somnia Foundation, has officially launched its mainnet and introduced its native token, $SOMI, on September 2, 2025
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. This launch follows an impressive six-month testnet phase that processed over 10 billion transactions and onboarded more than 118 million wallet addresses1
.Source: Benzinga
During its testnet phase, Somnia set multiple industry records, including processing 1.9 billion transactions in a single day – the highest reported by an EVM-compatible blockchain
1
. The platform claims to achieve over one million transactions per second with sub-second finality and low transaction fees1
. Somnia founder Paul Thomas stated, "We are on track to reach 60 billion monthly transactions by enabling unique, large-scale experiences that no other blockchain can match"2
.At launch, the Somnia network supports over 70 active projects, including Variance, Maelstrom, ForU AI, Quills, and Sparkball
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. The platform has also onboarded 60 validators to its ecosystem1
. Notable infrastructure partners include Google Cloud, LayerZero, Sequence, and Ankr1
. Google Cloud, in particular, has been announced as an official validator on the Somnia network, reinforcing its capacity to grow and host Web3 games and decentralized applications (dApps)2
.The $SOMI token will play a crucial role in the Somnia ecosystem, facilitating transaction fees, validator rewards, and ecosystem incentives
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. Governance functions for the token are planned for the future1
. Several major cryptocurrency exchanges, including Binance, KuCoin, and MEXC, will list SOMI from the launch date2
.Related Stories
To encourage development across gaming, DeFi, AI, and SocialFi applications, Somnia has announced a $10 million grant program and the Dream Catalyst accelerator
1
. The Somnia Foundation will also support adoption through hackathons and pilot programs to showcase real-world use cases1
. This includes 24 online mini-hackathons planned over the next year, coupled with the Somnia Dreamathon pilot initiative2
.Somnia is backed by $270 million in committed investment from Improbable, MSquared, and the Somnia Foundation, positioning itself as infrastructure for digital economies
1
. The platform aims to become the backbone of on-chain entertainment and Web3 gaming, with a focus on supporting commercial-scale applications in sectors such as finance, gaming, and social platforms1
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.As Somnia embarks on this new phase, the blockchain industry watches closely to see if it can deliver on its promises of unprecedented scalability and performance in the rapidly evolving world of Web3 and decentralized applications.
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