- Recently reported a surge in sales with a record of 9.5 billion relays serviced in January – up over 80% from the previous month. In just one year, this achievement has resulted in a 100x increase in overall relays
- Pocket Network has set a new record of 359 million relays in 24hrs and is on target to reach the 1 billion relays per day mark by the end of 2022 as additional blockchains and application integrations migrate to Pocket Network’s decentralized global infrastructure
- Pocket Network, a relay infrastructure middleware protocol that provides abundant blockchain bandwidth to applications in Web3 all over 37 blockchains, such as Ethereum, Polygon, Solana, Fuse, and Harmony
Pocket Network, a blockchain data ecosystem for Web3 apps, is a platform designed for applications that coordinate and distribute data at scale using cost-effective economics. It allows for frictionless and secure interactions among blockchains and apps. With Pocket, blockchains may be easily incorporated into websites, mobile apps, IoT, and other applications, allowing developers to put blockchain-enabled applications into the pockets of any mainstream customer.
9.5 Billion Relays Serviced In January
Pocket Network, a relay infrastructure middleware protocol that provides abundant blockchain bandwidth to applications in Web3 all over 37 blockchains, such as Ethereum, Polygon, Solana, Fuse, and Harmony, recently reported a surge in sales with a record of 9.5 billion relays serviced in January – up over 80% from the previous month. In just one year, this achievement has resulted in a 100x increase in overall relays.
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Many single-day relay all-time maximum records were set in January, frequently in quick succession, demonstrating this spike. Pocket Network has set a new record of 359 million relays in 24hrs and is on target to reach the 1 billion relays per day mark by the end of 2022 as additional blockchains and application integrations migrate to Pocket Network’s decentralized global infrastructure. According to Michael O’Rourke, CEO and Founder of Pocket Network, exponential success in one sector feeds into a flywheel of expansion in the Pocket Network ecosystem.
100 Blockchains By The End Of The Year
More relays equals more incentives, which implies more nodes will spin up. The cycle repeats again as a stronger network builds trust from new apps. Pocket Network is on target to host 100 blockchains by the end of the year at this rate. Pocket’s continued growth demonstrates that there is a market for decentralized web3 infrastructure.This demand is unaffected by market conditions and will remain a constant in either a bear or a bull market.
Furthermore, as its protocol is becoming more undeniable in terms of industry utility, in which they are replacing middlemen with middleware and continue eating up the inherent inefficiencies in the way the current the crypto industry is assisted by cloud computing and hosting providers, liquidity channels will open up. Pocket’s growth and domination have been built on the winning formula of being cheaper, faster, and better.
Source: https://www.thecoinrepublic.com/2022/02/09/due-to-industry-demand-pocket-network-growth-increased-by-80-month-over-month-to-9-5-billion-relays/