New Layer-2 Solution Links Solana to Polygon
New Layer-2 Solution Links Solana to Polygon
On February 24, Eclipse, a layer-2 rollup solution developer, announced the launch of Polygon SVM, a layer-2 blockchain operating on Polygon but also compatible with the Solana network.
Polygon SVM is a layer-2 solution utilizing the SeaLevel Virtual Machine, a computing environment allowing Solana dApp developers to deploy applications written in Rust directly on Polygon.
The goal of Polygon SVM is to enable Solana developers to connect their applications to Polygon without having to rewrite their projects to be compatible with the Ethereum Virtual Machine (EVM).
Solana has often been seen as separate from Ethereum because it uses the Rust programming language, while Ethereum utilizes Solidity. This divergence has historically isolated Solana from the broader crypto ecosystem, where most new layer-1 blockchains integrate EVM to facilitate easier capital and project flow, reducing barriers for both developers and general users.
Eclipse & @0xPolygon are launching Polygon SVM 🎉
— Eclipse (🐮,🌑) (@EclipseFND) February 23, 2023
A L2 blockchain capable of running all smart contracts and tooling compatible with Solana.
dApps built for Solana can now easily migrate or go multichain to Polygon SVMhttps://t.co/AM3hxg4NNC pic.twitter.com/8rgiVVid1t
Eclipse founder Neel Somani stated:
“Polygon SVM will enable many Solana projects to transition to Polygon as it supports Solana smart contracts directly. Normally, to move from Solana to Polygon (via Polygon EVM), projects would need to rewrite all smart contracts to be EVM-compatible. However, with Polygon SVM, they don’t need to change anything.”
Polygon SVM will operate on Polygon’s Avail data protocol, connecting to the Polygon and Ethereum mainnets through cross-chain bridges.
In September 2022, Eclipse raised $15 million from various funds, including Polygon Ventures. The company also received support from the Solana Foundation.
Notably, Neel Somani was the founder of Terranova, a project aimed at making Terra compatible with EVM. Following the collapse of the LUNA-UST ecosystem, he shifted his focus to Solana.
In addition to Eclipse, Solana is preparing to welcome another layer-2 solution named Nitro, designed to connect it to Sei Network, which is being built on the Cosmos ecosystem.
The decline of Solana since the FTX collapse has led many projects to seek refuge on other blockchains to maintain operations, with notable examples being the NFT collections DeGods and y00ts.
