Somnia's price surged nearly 40% to a new all-time high of $1.84 following the announcement of a partnership with ZNS Connect on September 7, 2025. The collaboration integrates Somnia's Layer 1 and metaverse ecosystem with ZNS Connect's decentralized identity and domain protocol, driving positive market sentiment and increased trading activity. The partnership has led to a 46.6% rise in Somnia's 24-hour trading volume, reaching $905.7 million. Derivatives trading also saw significant growth, with open interest up 8.8% and futures volume increasing by 36.7%. The collaboration enables users to deploy smart contracts, mint .somnia domains, and perform on-chain actions, boosting digital identity systems. Somnia's adoption is evident with .somnia domain mints rising from 45,000 in May to over 68,250 by September.
Somnia Price Jumps 40% After ZNS Connect Partnership
This content is for informational purposes only and does not constitute investment advice.
New Project Selection: Capturing the New Narrative of Web3
Web3 has ushered in a period of great development, with new projects constantly emerging. This topic collects, organizes, and screens these new projects, hoping that readers can capture new narratives from them.
Ethereum News and Research
Ethereum is a decentralized, open-source blockchain platform featuring smart contract functionality. Ether (ETH) is the native cryptocurrency of the platform and the second-largest cryptocurrency by market capitalization after Bitcoin.
NFT Dynamics and Research
NFT stands for non-fungible token. These tokens are digital assets using the same basic technology that cryptocurrencies such as Bitcoin and Ethereum use to create digital scarcity. However, NFTs use digital scarcity in a different way than cryptocurrencies.
Bitcoin News and Research
Bitcoin is a decentralized digital asset. It is a new type of asset that joins the ranks of traditional assets such as cash, gold, and real estate.There is still much confusion about what Bitcoin is and how it works. This special feature explores these and many other topics.
DeFi Progress and Analysis
Decentralized finance, or DeFi, is a catch-all term for financial products that live on decentralized networks like Ethereum. The basic idea of DeFi is to rely on smart contracts to automate financial products. The most widely used DeFi products currently are in the realm of borrowing and lending, trading, and derivatives.