MultiversX boosts layer-2 transaction speed with Sovereign Chains
June 11 2024 - 8:59AM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvZjQzODYzNTktOTcxMS00NTU3LWE4MDItYjMyMjg2ZDUwNDQ2LmpwZw==.jpg)
Existing L2 networks can increase their transaction and smart
contract throughput by 100 times by utilizing Sovereign Chains.
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