Web3’s Pocket Network Continues to Grow at Unprecedented Pace

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.

Marketing Technology News: Pocket Network’s DAO Initiates Progressive Inflation Management

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.

Marketing Technology News: MarTech Interview with Josh Grau, CMO at Yext 

Brought to you by
For Sales, write to: contact@martechseries.com
Copyright © 2024 MarTech Series. All Rights Reserved.Privacy Policy
To repurpose or use any of the content or material on this and our sister sites, explicit written permission needs to be sought.