Venom Blockchain Launch Triggers Huge Surge In User Adoption, Surpassing 1 Million In A Single Day
Summary
Abu Dhabi's Venom Blockchain, a Layer 0 network, offers dynamic sharding and PoS consensus. It can process 100,000 transactions per second with a fee of $0.0002. The platform attracted over 1 million users in 24 hours and has a market cap of $5.2 billion. It has over 20 projects ready to debut and stablecoin initiatives in progress. The native token, VENOM, surged by 27% after listing on KuCoin and is currently trading at $0.6580 with a trading volume of $62,515,705 in the past 24 hours. This reflects Abu Dhabi's interest in blockchain innovation.
