@Somnia Official $SOMI #somnia Somnia (
$SOMI ) Overview
Somnia is a high-performance Layer 1 blockchain designed to support real-time, mass-consumer applications across gaming, social, metaverse, and DeFi ecosystems. Its unique MultiStream architecture enables seamless scalability without compromising decentralization, processing over 1 million transactions per second with sub-second finality.
Key Features
- *EVM Compatibility*: Somnia supports compiled EVM bytecode execution, ensuring compatibility with existing Ethereum smart contracts.
- *MultiStream Consensus*: Allows validators to process transactions in parallel, enhancing network efficiency.
- *Low Latency*: IceDB provides low-latency data storage, ideal for high-frequency interactions.
- *Deflationary Model*: 50% of gas fees are burned, reducing the token supply over time
Market Performance
- *Current Price*: $0.8305 - $0.84, with a 24-hour trading volume of $1.9 million - $90.6 million.
- *Market Capitalization*: $133.33 million - $840.32 million, with a circulating supply of 160.2 million SOMI tokens.
- *Price Change*: -3% to -4.52% in the last 24 hours, +18.43% in the past 7 days
Future Outlook
Somnia's mainnet launch and strategic partnerships are expected to drive growth and adoption. Upcoming milestones include further exchange listings and planned decentralization. With its robust technology and growing ecosystem, Somnia is poised to play a significant role in the development of Web3 infrastructure