Moonriver Surpasses 8 Million Transactions as Polkadot Parachain Auction Progresses
13 Nov, 2021•1 min read•Altcoins
Moonriver, a canary-test network for the Moonbeam protocol, reached a milestone this week by hitting eight million transactions on its network, becoming the leading parachain in Kusama.
The platform announced on Twitter that it had reached the multi-million transaction count on Nov. 10, making it the largest adopted parachain on the Kusama Network. Moonriver is one of the many successful parachains on Kusama, and it has secured a parachain slot for 2022 with over 60+ live integrations, 173,000+ wallets, and 2,000+ ERC-20 tokens supported. Kusama is the sister network of Polkadot, which soared 15% to a new ATH following the anticipation for parachain auctions, allowing developers to register their parachains and seek crowd loan funding. Moonriver is a canary-test network of Moonbeam, meaning it’s a small version of the original Moonbeam code used to test and carry out new features for a subset of voluntary users. At the time of this writing, Moonbeam sits at the number two spot of Top Five Crowd Loans on Polkadot’s first parachain auction and has raised upwards of $1 billion through its crowd loan.