A New Trend : Solana project is gaining popularity after the Beer, Water, Time presales. First EVM compatible L2 for Solana – SolanaVM has Already Raised $4M

After the $Beer, $Water, $Time presales, a new project in the Solana ecosystem is launching – SolanaVM, they have  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 this Q3! 

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

The team plans more in Q3: 

• Public launch
• Token generation event
• Listing on Top-Tier Exchanges
• Implementing key EVM-compatible dApps in the Solana VM environment. 

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:

• Using Solidity and Vyper languages on – Ethereum, Binance Smart Chain, Solana VM 
• Low transaction Fee 
• TPS: Ethereum-100, Solana-1500, Binance Smart Chain-1600, Solana VM-Up to 5000

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:

• Speed: Solana Virtual Machine can handle thousands of transactions per second, compared to Ethereum’s current limit, which allow instant transactions for DeFi users.
• Significantly Lower Fees: Solana’s efficient design keeps transaction fees to a minimum, making DeFi applications more affordable for everyone.

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

• Effortless Migration: Developers can migrate their Ethereum applications to Solana with minimal code changes, thanks to Solana VM’s compatibility features.
• Familiar interface: Users can continue using the tools and interfaces they’re already comfortable with, while enjoying the benefits of Solana’s high-speed network.
• A More Inclusive DeFi Ecosystem: By removing the barriers of slow speeds and high fees, SVM opens the door for wider adoption and innovation within DeFi.

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!

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.