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Metallicus boosts Dogecoin transactions speed by 300x, advancing Elon Musk's vision for global crypto payments.

Protocol Fundamentals
07 Oct 2026, 15:37 WIB
UToday
View Source
Bullish
Metallicus boosts Dogecoin transactions speed by 300x, advancing Elon Musk's vision for global crypto payments.

Fintech firm Metallicus has launched an alpha version of DogecoinVM on the Metal Blockchain mainnet, increasing Dogecoin transaction speed by 300 times. This improvement addresses Elon Musk's 2021 call to scale Dogecoin for global payments without altering the original Dogecoin Core protocol. The new system uses a Proof-of-Stake consensus, reducing transaction finalization to 0.15–0.25 seconds and maintaining compatibility with existing wallets. Currently in alpha with safety limits, Metallicus aims to expand Dogecoin's use in fintech, banking, and social network X's payment services.

Dogecoin's market cap stands at Rp248.72 trillion as of October 7, 2026, 19:52 WIB, with a 24-hour trading volume of Rp26.71 trillion on Pluang. Despite the news of a 300x increase in transaction speed by Metallicus, Dogecoin's price is down 7.03% at Rp1,588, and the platform shows a higher sell order activity of 72%. Typical hold time for Dogecoin investors on Pluang is 110 days, indicating a moderately long-term interest in the asset.

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