The price of Somnia (SOMI) skyrockets after the mainnet launch amid numerous partnerships. 

Somnia is a Layer 1 blockchain network backed by SoftBank and developed by Improbable. The price of the Somnia token (SOMI) is rising following the mainnet launch and the completion of 10 billion transactions on the testnet. The SOMI token has seen a dramatic increase in value, rising more than 40% in the last 24 hours, standing out as one of the promising new entrants in the blockchain space. With strong trading volume and several partnerships driving momentum, Improbable's Layer 1, backed by SoftBank, is emerging as a serious contender in the Web3 arena.

The price of Somnia is increasing due to the successful launch of the mainnet, which occurred after the network processed more than 10 billion transactions on the testnet, demonstrating the robustness and scalability of its technology. This launch generated confidence in the market, leading to an increase in the value of SOMI as investors sought to secure early positions. In addition to technical milestones, Somnia's partnerships are also proving to be a strong catalyst for price growth. The network recently announced its collaboration with ZNS Connect to create decentralized identity solutions, allowing users to mint .somnia domains, deploy smart contracts, and interact directly on-chain.

Another important partnership was with TheResidncy, a platform that connects sports fans with their favorite athletes through interactive live events.