Key Takeaways:
- Expansion to Solana: Virtuals Protocol integrates with Solana, leveraging its speed, scalability, and vibrant community to enhance ecosystem participation and reduce network congestion.
- Strategic SOL Reserve: 1% of trading fees will be converted into SOL to support and reward agents, creators, and ecosystem growth on Solana.
- Developer Incentives: Virtuals will launch a Meteora pool to improve liquidity and expand grants for early-stage builders on Solana.
Virtuals Protocol, an AI-driven platform, has announced its expansion to the Solana blockchain as part of its multichain strategy to enhance innovation across ecosystems.
Already active on Ethereum’s layer-2 network Base, the integration with Solana—renowned for its speed, scalability, and active community—aims to attract developers and users while alleviating network congestion.
Virtuals is Expanding to @solana!
— Virtuals Protocol (@virtuals_io) January 25, 2025
We are beyond excited to announce Virtuals' expansion to Solana, marking a significant step in our journey to empower builders and drive innovation across multiple ecosystems. Solana, known for its speed, scalability, and vibrant community, is… pic.twitter.com/7CGq3rLQwa
This move is expected to boost ecosystem participation and provide increased scalability for the platform.
As part of the expansion, Virtuals Protocol will establish a Strategic Solana Reserve, converting 1% of trading fees into SOL to support and reward agents and creators within the ecosystem.
Additional features include a Meteora pool to enhance liquidity and an expanded grants program targeting early-stage builders on Solana.
Virtuals Protocol emphasized that Solana’s ecosystem aligns with its vision for growth.
This strategic move reflects Virtuals Protocol’s commitment to fostering innovation across multiple blockchain networks.
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