Thu. Jul 29th, 2021

    Neon Labs deploys cross-chain Ethereum Virtual Machine on Solana

    Blockchain developer Neon Labs has deployed EVM support on Solana in test mode. This solution grants any decentralized application on Ethereum access to Solana’s high throughput capacity and lower gas fees. Essentially, Neon EVM allows anyone to run Ethereum contracts directly on the Solana blockchain. Even during the testnet phase, Neon’s EVM will support decentralized applications such as Uniswap, SushiSwap, MakerDAO and 0x. The mainnet is expected to launch later this quarter.