Pocket network growth up 80% to 9.5 billion relays due to industry demand
Hundred-fold increase in daily relays administered on decentralized node infrastructure is worth over $550 million
Pocket Network, a relay infrastructure middleware protocol, provides abundant blockchain bandwidth from a globally distributed network of over 27,000 full nodes to Web3 applications on 37 blockchains, including Ethereum networks , Polygon, Solana, Fuse and Harmony.
Recently, it reported an increase in demand with a record 9.5 billion relays served in the month of January, an increase of more than 80% compared to the previous month. This resulted in a hundredfold increase in daily relays in just one year.
This push was evident in January when several all-time single-day relay records were achieved – often back-to-back. Pocket Network is currently hitting a record 359 million relays in 24 hours and is on track to hit the milestone of one billion relays per day by the end of 2022 as new blockchains and app integrations continue to move to Pocket Network’s decentralized global infrastructure. .
“Exponential growth in one area fuels a flywheel of growth in the Pocket Network ecosystem,” said Michael O’Rourke, CEO and Founder of Pocket Network. “More relays means more incentives, which leads to the creation of even more nodes. A stronger network breeds trust from new apps, and the cycle repeats itself. At this rate, Pocket Network is on the right track. path to support 100 blockchains by the end of this year.
With its steady growth, Pocket proves that the demand for a decentralized Web3 infrastructure exists. This demand is independent of market conditions and will continue to be a mainstay in a market that turns bearish or bullish. Additionally, liquidity channels will open up as its protocol becomes more undeniable in terms of industrial utility, where intermediaries are replaced by middleware and inefficiencies remain in the way the crypto industry is taken care of. supported by cloud computing and hosting providers. Being cheaper, faster and better has been the winning formula for Pocket’s growth and dominance.
About Pocket Network
Pocket Network, a blockchain data ecosystem for Web3 applications, is a platform designed for applications that uses cost-effective economics to coordinate and distribute data at scale. It enables transparent and secure interactions between blockchains and between applications. With Pocket, the use of blockchains can be simply integrated into websites, mobile apps, the Internet of Things and more, allowing developers to freely put blockchain-enabled apps into every consumer’s “pocket”. General public.
For more information, visit the website.
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