Pocket Network Growth Up 80% MoM to 9.5 Billion Relays Due to Industry Demand
February 8, 2022 – Tampa, Florida
100x YoY increase in daily relays (API calls) administered over a decentralized node infrastructure worth over $550 million.
Pocket Network a relay infrastructure middleware protocol that provides abundant blockchain bandwidth from a globally-distributed network of over 27,000 full nodes to applications in web 3.0 across 37 blockchains including Ethereum, Polygon, Solana, Fuse and Harmony reports a surge in demand with a record of 9.5 billion relays serviced in the month of January, up over 80% from the previous month. This achievement results in a remarkable 100x increase in daily relays within just one year.
This surge was shown throughout January when several single-day relay all-time high records were achieved, oftentimes consecutively. Pocket Network currently stands at a record of 359 million relays in 24 hours and is on track to breaking the one billion relays a day milestone by the end of 2022 as new blockchains and app integrations continue to switch to the decentralized global infrastructure Pocket Network provides.
Michael O’Rourke, CEO and founder of Pocket Network, said,
“Exponential growth in one area feeds into a flywheel of growth in the Pocket Network ecosystem. More relays means more incentives, which leads to even more nodes spinning up. A stronger network breeds trust from new apps, and the cycle repeats again. At this rate, Pocket Network is on track to support 100 blockchains by the end of this year.”
With its sustained growth, Pocket is proving that the demand for decentralized web 3.0 infrastructure exists. This demand is agnostic to market conditions and will continue to be a mainstay in a bear or bull market. In addition, liquidity channels will open up as its protocol becomes more undeniable in terms of industry utility, where they are replacing middlemen with middleware and where they continue to eat up the inherent inefficiencies in the current way the crypto industry is supported by cloud computing and hosting providers. Being cheaper, faster and better has been the winning formula to Pocket’s scale and dominance.
About Pocket Network
Pocket Network, a blockchain data ecosystem for web 3.0 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 here.
Contact
AmyKelly Petruzzella, marketing director of Pocket Network
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