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Improbable's Somnia blockchain to enter DevNet phase with claims of processing over 400,000 transactions per second

British metaverse technology company Improbable has announced that the Somnia blockchain will soon enter its DevNet phase. The company claims that the blockchain will be capable of processing more than 400,000 transactions per second. This news comes amid other developments in the cryptocurrency industry, including OKX's expansion in Dubai and BlackRock's purchase of more MicroStrategy shares.

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