PLUS Mainnet Launches Layer-1 Blockchain with $945M Reserves for Web3

Key Facts

1PLUS Mainnet officially launched its EVM-compatible Layer-1 blockchain network featuring institutional settlement tools.

2The new network supports sub-second transaction finality and native mobile payment solutions.

3The project launched with announced reserves of $945 million to support the ecosystem.

PLUS Mainnet officially launched its EVM-compatible Layer-1 blockchain network featuring institutional settlement tools on October 2, 2026. GlobeNewswire reported that the project debuted with announced financial reserves of $945 million to support its ecosystem development. The network is designed to provide scalable infrastructure for global Web3 applications and native mobile payment integrations.

The new network supports sub-second transaction finality, facilitating mobile payment solutions and cross-chain bridging. According to company data, the network has already recorded an accumulated settlement volume exceeding $23.2 million. This launch occurs as the blockchain infrastructure sector trends toward minimizing execution costs to support microtransactions and decentralized gaming.