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 M relays in 24 hours and is on track to breaking the 1 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.
“Exponential growth in one area feeds into a flywheel of growth in the Pocket Network ecosystem,”
said Michael O’Rourke, CEO and Founder at Pocket Network.
“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 the demand for decentralized web3 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, better has been the winning formula to Pocket’s scale and dominance.
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Source: Cryptocurrency - investing.com
