Pocket Network Shannon Hard Fork

The Shannon hard fork marks a two-year development milestone for Pocket Network, transforming it into the world’s first fully permissionless protocol for relaying all open data—think blockchain, AI, and even banking transactions. This upgrade introduces zero inflation, a token burn mechanism, and gateway-driven spot market buys, aiming to boost $POKT’s value through supply reduction and demand growth (@POKTnetwork X post, 2025-05-30). If your tokens are on supported exchanges like Upbit, the upgrade will be automatic.

Recent News

$POKT has been on fire lately! On May 30, 2025, Upbit, South Korea’s largest crypto exchange, added the POKT/KRW pair, generating a massive $1.3B in 24-hour trading volume—outpacing $BTC, $ETH, and $XRP combined (@randomoctopus22 X post, 2025-05-31). Earlier, on March 28, 2025, Grove soft-launched Shannon, laying the groundwork for this hard fork (docs.pokt.network). This follows $POKT’s 96.2% price surge in April 2025, as seen in Crypto Bubbles data (@cryptoradar92 X post, 2025-04-20).

Future Plans

Post-Shannon, Pocket Network aims to be the “Uber/Airbnb for open data,” with a total addressable market in the trillions. Upcoming features include modular integrations with ecosystems like Celestia for enhanced security and visibility tooling for network exploration (docs.pokt.network). The team is also exploring secondary data availability networks to future-proof the protocol.

Onchain Data

$POKT’s trading volume hit $1.2B on May 30, 2025, a 29374.70% increase, with a market cap of $195.45M (@sc_cryptos X post, 2025-05-30). Its circulating supply stands at 2.01B POKT out of a total 2.35B, with 8.14K holders (coinmarketcap.com).

Community Sentiment

The X community is buzzing with excitement! Users like @randomoctopus22 predict $POKT could hit $1 post-Shannon, while @CryptoMint4 highlights its appeal to major exchanges like Coinbase and Binance. Sentiment is overwhelmingly bullish, though some caution about short-term volatility.

Quick Note

While the upgrade looks promising, hard forks can bring price swings—trade wisely!