In early November, HashKey officially launched the public chain HashKey Chain testnet, marking a key step for HashKey towards building a full-stack cryptocurrency ecosystem platform. Currently, HashKey Chain is fully open to developers and users.
HashKey Chain is the most important vehicle for connecting the entire ecological value of HashKey, creating a compliant and innovation-friendly environment for community users. Currently, the platform has attracted over 150 projects, helping Web2 companies seamlessly transition into Web3 by providing solutions such as payment and tokenization.
It is worth mentioning that the HashKey Chain testnet has achieved impressive results in a short period. As of November 29, the total number of blocks on the testnet reached 4.836 million, with a total of 16.58 million transactions and over 810,000 active wallet addresses. The average block time is only 2 seconds, gas fees are as low as 0.4 Gwei, and the peak daily transactions even reached 1.33 million, demonstrating HashKey's outstanding technological strength in blockchain security, scalability, and functionality.
HSK, as the native token and gas token of HashKey Chain, started spot trading on multiple exchanges on November 26, injecting new momentum into the long-term development and continued growth of the HashKey ecosystem. Additionally, HSK is widely used in various rights scenarios such as payment of platform service fees, exclusive token priority purchases, public chain governance decisions, value-added services, ecosystem cooperation, discounted custody fees, and node rewards.
HashKey Chain is expected to launch its mainnet within the year and will introduce a grant program worth tens of millions of dollars to encourage developers to explore more financial innovations on the chain, further catalyzing the rapid development of the HashKey full-stack cryptocurrency ecosystem platform.