# Development

* Simon’s Cat has consistently focused on creating an immersive, fan-centric ecosystem that emphasizes innovation, utility, and community ownership. The development strategy for CAT bridges the Simon’s Cat brand with the Web3 space, fostering engagement and deeper connections.

  * CAT launched on August 22, 2024 and within 72 hours amassed a volume of over $600M across DEX and CEX, breaking trading records on the BNB chain.
  * CAT’s launch skyrocketed BNB Chain’s on-chain activity from a 90-day average of 4-5% to 19.8% over six days, peaking at 27.7%. This cycle record has been sustained throughout CAT’s first week, highlighting its significant impact.
  * DeFiLlama reports that Simon’s Cat's launch pushed BNB Chain to surpass Solana in DEX trading volume for three consecutive days during CAT launch—a significant achievement, as Solana had led all cycle.
  * CAT has currently been listed on over 40+ exchanges including Binance (perps), OKX, Bybit (perps), Kraken (perps), KuCoin, Gate, HTX and more.
  * Simon's Cat: Fun Time, the official Telegram mini-app of Simon's Cat launched and has amassed over 2.8M users within few weeks of launch.
  * CAT recently bridged to Solana, making it tradable on both BNB Chain and Solana. This move aims to capture greater trading liquidity and expand its presence in the market.
  * CAT launched it 2nd product Lockdrop, where projects can come and bootstrap their communities using CAT community.

  By achieving these milestones, Simon’s Cat Token continues to solidify its position as a leader in creating a seamless Web2/Web3 integration, delivering value to its community while driving the adoption of blockchain technologies.


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