Solana VM Raises $1M to Bridge Ethereum and Solana DeFi Worlds with High-Speed, Low-Cost Transactions
June 10, 2024
Solana VM, the world's first EVM compatible L2 for Solana, has raised over $1M to lead DeFi on Solana.
The project aims to bridge the gap between Solana and Ethereum dApps, offering users the opportunity to invest in $SVM before the token is publicly traded.
Key EVM-compatible dApps will be launched in the Solana VM environment in Q3.
Solana VM allows developers to seamlessly move their Ethereum applications to Solana, leveraging its high-speed network and low transaction fees.
SolanaVM focuses on speed, cost savings, effortless migration, familiar interfaces, and a more inclusive DeFi ecosystem.
The project's team is passionate about the future of DeFi, aiming to create a more efficient, accessible, and innovative landscape for decentralized finance.
Solana VM offers advantages such as using Solidity and Vyper languages, high TPS, and has plans for a public launch, token generation event, and listings on CEX&DEX.
Users can join their Telegram community, follow their official Twitter for updates, and visit the Solana VM website for more information.
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