#MultiversX is a distributed blockchain network for next-gen applications. Decentralized via 3000+ nodes, scalable through sharding, fast, secure & green.
Mainnet has officially surpassed the remarkable milestone of 600 million transactions. Our fully sharded architecture is currently powered by a robust community of 3,200+ active validators. At the same time, the network remains incredibly accessible, with the cost of a simple transfer sitting at ~$0.0002. Building on this incredible momentum, Supernova is the upcoming phase on our roadmap.
Welcome to your weekly recap of everything happening within the MultiversX ecosystem.
There have been major advancements on the network recently, highlighted by six AI commerce protocols officially going live on MultiversX. There was also an insightful look into why Supernova serves as the agentic settlement layer. On the security and testing fronts, the Guardian protocol layer feature now introduces dual-signature enforcement, and SpaceCraft has successfully rolled out its new Chain Simulator.
The network continues to build strong momentum, with MvX securing the #3 spot across the entire blockchain industry for developer productivity. In addition, purchasing and managing assets is even easier now that $EGLD is fully live on FinchPay. Anyone interested in the finer development details from the past few days can catch up on the newest #multiversxtech weekly release.
We also want to recognize our recent ecosystem highlights, featuring fantastic updates and contributions from @Sheltersfinance, @XoxnoNetwork, @ColombiaStaking, @ThePalmTreeNW, @foxsy_ai, @Adri1Shelters, and @LonginOfficial.
Turning to the latest network statistics, the broader MultiversX blockchain has now registered 9.19M accounts and processed an impressive 600M transactions, alongside 14.7M staked. Mobile and decentralized finance metrics remain remarkably strong as well. The @xPortalApp currently boasts 2.5M+ users, with 100k+ users choosing to stake $EGLD. Finally, the @xExchangeApp continues to maintain a $4.33M TVL and recently recorded a 1.57M USD 7d Volume.
Endlessly scaling an L1 network is simply not a practical option. To manage this limitation, transaction execution is typically transitioned over to rollups. However, this strategy inevitably introduces a fresh challenge in the form of a data availability bottleneck. On top of that, the necessary window for fraud proofs pushes transaction finality out to approximately one week. Transitioning to validity proofs is the natural solution to circumvent this lengthy delay, though that approach immediately brings up the next major hurdle regarding prover costs.
The primary challenge we face is that an L1 network cannot be scaled infinitely. To resolve this limitation, execution processes are transitioned off-chain by utilizing rollups. While this is an effective workaround, it introduces a noticeable bottleneck regarding data availability. Additionally, the necessary fraud proof window extends transaction finality to approximately one week. Shifting to validity proofs presents a viable alternative to reduce that timeline, although this approach introduces a subsequent complication regarding prover costs.
We are incredibly excited to share that Battle Net has officially reached a historic milestone of 1,000,000,000 completed transactions. Alongside this monumental achievement, our live demonstration today successfully showcased an outstanding processing speed of 120,000 TPS. The future looks exceptionally bright, so get ready as Supernova is officially making its way to MultiversX.
Here is a look back at the latest developments and highlights from the past week across the MultiversX ecosystem. It has been an eventful few days, prominently featuring the integration of the Machine Payments Protocol from Stripe directly into MultiversX. Network activity also hit a massive milestone as Battle Net officially exceeded 750,000,000 transactions.
The ecosystem saw numerous technical and competitive updates recently. The Battle of Nodes series moved forward with Guild Wars #3 and #4, alongside Validator Challenge #8. Furthermore, Agent Arena was introduced and has officially gone live on Battle Net. The network also demonstrated tremendous development strength in the Who's Actually Building? tracker, logging 171K commits to secure the #6 spot in the blockchain space. Developers have a brand new tool at their disposal with the release of SpaceCraft SDK v0.65.1. For anyone following the regular engineering progress, the weekly #multiversxtech roundup is available to review.
In other major news, Supernova continues to make waves, serving as the sonic boom of blockchain interaction. Community members can also listen to the latest discussions by tuning into Momentum Podcast Ep. 13. We always love showcasing the incredible builders in our network, and this week the ecosystem highlights belong to @ThePalmTreeNW, @chessucation, @veropay_ro, @SuperRare_Bears, @DisrDigital, @robertmalancus, @Sheltersfinance, @RosettaStake, and @joewu_official.
Finally, let us review the latest performance metrics. MultiversX currently hosts 9.18 M accounts, has successfully processed 595M transactions, and maintains 14.2M staked. Community adoption of the @xPortalApp remains strong with over 2.5M+ users, while more than 100k+ users currently choose to stake $EGLD through the platform. Wrapping up the core statistics, the @xExchangeApp reports a TVL of $4.04M along with a 1.09M USD 7d Volume.
We have an exciting lineup of events happening today across the MultiversX ecosystem.
Starting off at 4PM UTC, you can catch Episode 13 of the Momentum Podcast streaming on both @X and @YouTube. Join @SasuRobert, @mihschiopu, and @chessucation for an engaging discussion covering the latest engineering updates as well as a brand new integration.
Concurrently, we are hosting Guild Wars Challenge 4, also known as Contract Storm. Taking place from 4PM to 5PM UTC, this event will focus entirely on a comprehensive smart contract stress test.
Lastly, do not miss your chance to participate in Validator Challenge 8, titled Great Experiments. We are inviting you to build a personal setup to thoroughly test Supernova. Make sure to complete your work soon, as the submission window officially closes on Monday at 12PM UTC.
A total of 750,000,000 transactions have now been processed on the Supernova Battle Net. We warmly invite you to join us in stress testing the most substantial upgrade deployed since the initial mainnet launch. You can participate directly by visiting https://bon.multiversx.com/
Welcome to our comprehensive overview of the past week across the MultiversX ecosystem. It has been a monumental period, highlighted by Supernova officially going live on Battle Net. We are pleased to report that the Supernova transition onto this network was entirely successful. Furthermore, Battle Net reached an incredible milestone by officially surpassing 500,000,000 transactions.
Community events and educational discussions were at the forefront this week. We hosted an engaging X AMA featuring @BeniaminMincu, and community members also tuned into the Supernova Engine Room X space. For those seeking a deeper understanding of recent technical leaps, @LucianMincu provided a highly informative Supernova explainer. Meanwhile, the community competition remains fierce in the ongoing Battle of Nodes Challenges, with participants currently tackling Guild Wars #2 as well as Validator Challenge #5 + #6. In addition, we shared our standard weekly #multiversxtech updates.
We also want to acknowledge the continuous innovation happening around us by showcasing several ecosystem highlights. A special mention goes out to the recent contributions and activities from @SasuRobert, @Sheltersfinance, @AlejandroChitu, @AdrianDobrita, @ThePalmTreeNW, @chessucation, @AdrianLoghinT, @costipirvuu, and @SuperRare_Bears.
Taking a look at our current network metrics, the MultiversX mainnet continues to demonstrate strong growth and security with 9.17 M accounts, a total of 594M transactions processed, and 14.2M staked. Across our core ecosystem applications, @xPortalApp is seeing widespread adoption with 2.5M+ users, which includes 100k+ users who actively stake $EGLD. Concurrently, @xExchangeApp maintains a solid decentralized finance footprint, currently holding $4.14M TVL and generating 1.4M USD in 7d Volume.
The Supernova Battle Net has crossed the 200,000,000 transaction mark.
Since the upgrade to Supernova, the engineering team has been optimizing network configurations thanks to insights from the ongoing Battle of Nodes competition.
Here is a look back at the developments across MultiversX from the previous week. The highly anticipated Battle of Nodes has officially kicked off, bringing along active BoN Side Quests for participants. Additionally, the network is preparing as Supernova is scheduled to launch on Battle Net. For those looking to understand the mechanics, a comprehensive BoN Explainer was published by @CodeMultiversX. We are also thrilled to welcome Cointelegraph, which has officially joined MvX as a network validator. As always, you can catch up on the latest technical progress through our weekly #multiversxtech update.
Within the broader ecosystem, several platforms made significant strides. The Guild Wars Transaction Sprint is currently underway, adding competitive excitement to the community. In decentralized finance, @xExchangeApp successfully completed the integration of the @XoxnoNetwork aggregator. Furthermore, @JoAIAgents rolled out a new feature by introducing boards designed specifically for agents. We also want to shine a spotlight on various ecosystem highlights from this past week, recognizing the notable contributions of @SuperRare_Bears, @ColombiaStaking, @PrzemRzasa, @XoxnoNetwork, @ThePalmTreeNW, @Sheltersfinance, @TCryptomonnaies, @KevinLallement, @GreenGlitch_, @xAllianceDAO, @chessucation, and @OsamaabdulJnr.
To wrap up, let us review the latest performance figures across our core platforms. The main @MultiversX blockchain has now reached 9.17 M accounts, processed a total of 593M transactions, and currently sees 14.3M staked. Meanwhile, the @xPortalApp ecosystem continues to grow, boasting 2.5M+ users, with 100k+ users choosing to stake $EGLD. Finally, @xExchangeApp reported $4.38M TVL alongside a 1.1M USD 7d Volume.