Solana VM — the world’s 1st EVM compatible L2 for Solana, has raised over $1M to lead the DeFi on Solana.
Presale is offering users the chance to invest in $SVM, Solana’s VM native token, before the official token will be open for public trading.
Solana VM raised over $1 million to launch a world’s first EVM compatible L2 for Solana.
The team has allocated 15% of the total token supply for the presale, making it a temporary opportunity for those interested in the Solana VM project.
It’s aims to bridge the gap between Solana blockchain and Ethereum dApps, that will allow $68 billion TVL worth of apps to build on Solana.
$SVM Presale is Live: https://solanavm.xyz/?ref=svm:VbBthooI
According to their Roadmap, the team plans to implement the following in Q3:
What is Solana VM?
Solana VM – the first EVM-compatible L2 for Solana – is the gateway to a fully compatible Ethereum environment on the Solana blockchain. Solana VM allows users to leverage the potential of Solidity- and Vyper-based dApps, taking advantage of Solana’s network benefits
SolanaVM acts as a bridge, allowing developers to seamlessly move their existing Ethereum applications to Solana.
Competitive Advantage:
SolanaVM additions beyond speed and cost saving:
By leveraging the power of Solana, SolanaVM has the potential to revolutionize the way we interact with apps in a decentralized world. Further updates can be tracked in their official Twitter: https://twitter.com/solanaVM
Users can visit SolanaVM’s website — solanavm.xyz for more information
About
SolanaVM is a groundbreaking project founded by a team of dedicated developers passionate about the future of DeFi. Their vision is to bridge the gap between the established ecosystem of Ethereum and the power of Solana. By achieving this, SolanaVM aims to create a more efficient, accessible, and innovative landscape for DeFi.
ContactMark WalshSolana VMcontact@solanavm.xyz
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
