Web3’s Pocket Network Continues to Grow at Unprecedented Pace
Tampa, USA / FL, 23rd March, 2022, Chainwire
600M+ daily relays (API calls) administered over a decentralized node infrastructure worth over $580M
Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including Ethereum, Polygon, Avalanche, Solana, Fuse, OEC and Harmony, reported a surge in industry demand with a record of 3 billion relays serviced over the last 7 days. This achievement has seen numbers grow from 5M daily relays less than a year ago to 600M+ daily relays, a dramatic increase of 120x.
This latest surge was shown throughout the week when several single-day relay all-time high records were achieved, oftentimes consecutively. Relays are being serviced by hundreds – if not thousands – of independent node runners across 6 continents. 38K+ nodes are serving apps at once, rotated out every hour, and coordinated by a protocol that takes zero rent. This demand is agnostic to market conditions, and will continue to be a mainstay in a bear or bull market.
“Pocket’s relay growth is evidence of a massive acceleration of growth in the web3 ecosystem as a whole,” said Michael O’Rourke, CEO and Founder at Pocket Network. “In parallel to the growth in relays has been our community. It is truly remarkable to see how many people see the importance of decentralized infrastructure that Pocket is building.”
Pocket Network is currently ahead of its goal of breaking the 1 billion relays per day milestone by the end of 2022 as new blockchains and app integrations continue to switch to Pocket Network as the decentralized global infrastructure provider of choice. Being resilient, faster, cheaper, and better has been the winning formula to Pocket’s scale and dominance.
About Pocket Network
Pocket Network, a blockchain data ecosystem for Web3 applications, is a platform built for applications that uses cost-efficient economics to coordinate and distribute data at scale. It enables seamless and secure interactions between blockchains and across applications. With Pocket, the use of blockchains can be simply integrated into websites, mobile apps, IoT and more, giving developers the freedom to put blockchain enabled applications into the “pocket” of every mainstream consumer. For more information visit pokt.network.
Contacts
Marketing Director
- AmyKelly Petruzzella
- Pocket Network
- [email protected]
- 9135373100
- Solana, Litecoin, HBAR ETFs by Bitwise, Canary, and Grayscale to Start Trading This Week
- Analyst Slams S&P’s ‘B-’ Rating for Strategy Inc, Says Bitcoin Treasury Model Is “Misunderstood”
- Metamask Airdrop Countdown Begins as Wallet Team Registers Token Claim Domain
- $2.5T Citigroup Partners With Coinbase to Enable Stablecoin Payments
- Who Will Be the Next Fed Chair? Scott Bessent Confirms Final Five Candidates
- Polymarket Traders Bet Ethereum Price to Hit $5,000 as Bullish Pattern Forms
- Dogecoin Price Prediction As Whales Scoop Over $300 Million- Is A Bull Run Ahead?
- Pi Coin Price Jumps 24% as 10M Tokens Exit Exchanges – Can Bulls Sustain the Momentum?
- Bitcoin Price Prediction If President Trump Announces Deal with China on October 30th- Can BTC Break $125k?
- Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump
- Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates
MEXC