Categories: Market

Moonbeam’s Canarian network Moonriver has recorded 8 million transactions since the Parachain auction

Moonriver, a Canarian test network for the Moonbeam protocol, reached an important milestone this week with 8 million transactions carried out on its network and became Kusama’s top parachain.

The platform announced on Twitter that it had millions of transactions on November 10, making it the largest accepted parachain on the Kusama network.

https://twitter.com/MoonriverNW/status/1458278499182120960?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
Moonriver is one of many successful parachains on Kusama and has secured a parachain position for 2022 with over 60 live integrations, 173,000+ wallets and over 2,000 supported ERC-20 tokens.

Kusama is Polkadot’s sister network, which has grown to a new ATH by 15% in anticipation of parachain auctions, allowing developers to register their parachains and seek crowdfunding.

Moonriver is a Canary test network owned by Moonbeam, which means that it is a small version of the Moonbeam code that was originally used to test and implement new functionality for a small group of volunteer users.

At the time of this writing, Moonbeam ranks second in the top five community loans in Polkadot’s first Parachain auction and has raised over $ 1 billion through its crowdfunding.

Source: parachains.info

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Annie

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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