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SolanaVM - The Future of DeFi is Here

Aug 10, 2024 pm 03:27 PM
solana Presales EVM SolanaVM L2

After the $Beer, $Water, $Time presales, a new project in the Solana ecosystem is launching – SolanaVM, they have  already raised $4M during its presale

SolanaVM  - The Future of DeFi is Here

A new project in the Solana ecosystem is launching after the Beer, Water, and Time presales. SolanaVM has already raised $4M during its presale and is gaining popularity.

The presale is open to the public at the moment, before the official listing in Q3.

Solana VM has allocated 15% of the tokens for presale. SVM is currently priced at $0.02243.

The team plans more in Q3:

The SolanaVM team is testing key dApps and preparing access for early adopters.

More information about the next planned actions can be found directly on the website.

Competitive Advantage:

Kelly, who is also the founder and CEO of the BKCM Digital Asset Fund in CNBC episode said: “You’ve got to think about Solana as probably the next one. Bitcoin, Ethereum, and Solana are probably the big three for this cycle.”

Solana VM focuses specifically on bridging the gap between Ethereum, the current leader in DeFi, and Solana, a high-speed blockchain network.

SolanaVM acts as a bridge, allowing developers to seamlessly move their existing Ethereum applications to Solana. This unlocks the immense potential of Solana’s architecture, which boasts:

Higher Transaction Speeds: Solana can process thousands of transactions per second (TPS), compared to Ethereum’s 15 TPS. This blazing-fast speed enables near-instantaneous transactions.

Lower Transaction Costs: Solana’s optimized architecture drastically reduces gas fees, making transactions incredibly affordable for users.

Scalability: Solana is designed to handle a massive volume of transactions concurrently, ensuring smooth and efficient operation even during peak usage.

SolanaVM isn’t just about speed and cost savings. It’s a win-win situation for both developers and users:

Developers can now tap into Solana’s vast potential without having to learn a new programming language or abandon their existing codebase.

Users gain access to a wider range of dApps, thanks to the seamless integration of Ethereum applications into the Solana ecosystem.

Together, they can contribute to the growth and vitality of the decentralized finance (DeFi) space.

Visit their website and join their Telegram Community to learn more and become part of this revolutionary movement.

SolanaVM is more than just a bridge – it’s a leap forward in DeFi technology. By leveraging the power of Solana, it has the potential to revolutionize the way we interact with apps in a decentralized world. Further updates can be tracked in their official Twitter.

Ready to join the DeFi revolution? Visit SolanaVM’s website — solanavm.xyz and be part of the future!

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.

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