Band Protocol Launches V3 Mainnet, Pioneering Multichain Data for Web3

Band Protocol has unveiled its V3 mainnet upgrade, marking a transformative leap in decentralized oracle technology. The new architecture delivers real-time data feeds at triple the throughput of its predecessor, with block times slashed from six seconds to one.

The upgrade introduces three Core innovations: a Signaling Hub for decentralized governance, Concurrent Price Streams for high-frequency asset pricing, and Data Tunnels bridging Web2 APIs with Web3 applications. These enhancements position Band as critical infrastructure for smart contracts and AI agents requiring secure, low-latency data.

While no specific cryptocurrencies or exchanges are directly mentioned in the announcement, the protocol's multichain capabilities could significantly impact decentralized applications across major blockchain ecosystems.