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Injective Launches Solana Rollup for Cosmos, Unleashing DeFi Potential

Posted on Veröffentlicht in Allgemein

• Injective has launched the first-ever Solana rollup for Cosmos, powered by Eclipse.
• This integration will bring the Solana development environment to the broader Cosmos ecosystem and enable Solana applications to interact directly with IBC.
• The new SVM rollup will continue to evolve to reach higher levels of security and scalability.

Injective Launches First-Ever Solana Rollup for Cosmos with Eclipse

Injective, a blockchain built for decentralized finance applications, has announced the first-ever Solana rollup launch for Cosmos, powered by Eclipse. This integration will bring the Solana development environment to the broader Cosmos ecosystem, enabling users to utilize popular Solana dApps in one integrated network.

Solana Sealevel Virtual Machine (SVM)

The new SVM rollup deployed within the Cosmos universe allows developers familiar with Solana tooling and language to write and deploy their applications without needing to learn new programming languages or tooling. Furthermore, this integration is expected to attract more users who are interested in experiencing Web3 dApps across both ecosystems.

Increased Security & Scalability

Moving forward, further developments are underway in order to increase security and scalability of the SVM rollup. This includes integrating Cosmos’s interchain shared security model and migrating data availability from Celestia mainnet which would expand scalability properties.

Resilient Development Despite Market Conditions

Despite current market conditions, development activity around Solana has increased over 1000% year-to-date according to Alchemy statistics. This highlights that despite challenging situations faced during 2021, user adoption of Web3 technologies remain resilient overall.

Conclusion

To conclude, Injective’s recent launch of its first-ever Solana Rollup for Cosmo demonstrates how ambitious projects are still being developed despite difficult market conditions seen recently across DeFi space as a whole.