Neon EVM

Neonauts, off-chain Points Program claims are live.

Verify eligibility, connect EVM wallet, claim exclusive NFTs & airdrops!

Deadline for claims: 18:00 CET Aug 31, 2024.

Neon EVM is a synergetic solution for anyone looking to scale Ethereum dApps on Solana in a developer-friendly manner and tap into Solana's vibrant ecosystem

Points Claim Portal is NOW OPEN!    Neonauts, off-chain Points Program claims are live.    Verify eligibility, connect EVM wallet, claim exclusive NFTs & airdrops!     For KYC details, see Discord.    https://claim.neonevm.org   Deadline for claims: 18:00 CET Aug 31, 2024.

Upcoming X Spaces with Lumen and Vibrant Finance!

Join us again, this time with Lumen and Vibrant, to explore the future of money markets and DeFi.

Reminder: https://x.com/i/spaces/1OyJAZwQvkrxb

Upcoming X Spaces with Lumen and Vibrant Finance!  Join us again, this time with Lumen and Vibrant, to explore the future of money markets and DeFi.  Date: Tuesday (July 30, 2024) Time: 17:00 CET Where: X Spaces Reminder: https://x.com/i/spaces/1OyJAZwQvkrxb  Set your reminders, and be there!

We are thrilled to share that Neon Stack, with its EVM compatibility technology, can potentially power Yona Network, bringing EVM compatibility to the Bitcoin blockchain with SVM execution!

This holds the potential to revolutionize the DeFi ecosystem. What could be the final result, you ask? 👇

- High-speed transaction execution on the Bitcoin network.

- Access to over $1 trillion of untapped Bitcoin liquidity for dApps and users.

- A modular, scalable environment for next-gen dApps.

- Drawing together the best from Solana, Ethereum, and Bitcoin tech.

Neon Stack For Bitcoin L2 Yona Network  We are thrilled to share that Neon Stack, with its EVM compatibility technology, can potentially power Yona Network, bringing EVM compatibility to the Bitcoin blockchain with SVM execution!   This holds the potential to revolutionize the DeFi ecosystem. What could be the final result, you ask? 👇  - High-speed transaction execution on the Bitcoin network. - Access to over $1 trillion of untapped Bitcoin liquidity for dApps and users.  - A modular, scalable environment for next-gen dApps. - Drawing together the best from Solana, Ethereum, and Bitcoin tech.    Read the full announcement here - https://neonevm.org/blog/neon-stack-powers-yona-network:-opens-new-frontiers-in-bitcoin-defi

Neon EVM is a smart contract on Solana. Solana is a fast-growing blockchain, which uses a proof-of-history consensus mechanism. This algorithm uses timestamps to define the next block in Solana’s chain. The speed at which blocks are added to Solana’s blockchain requires additional levels of security for the blockchain. This is where Solana’s proof of history algorithm comes into play. This algorithm timestamps each block in such a way that maintains the system’s security. From time-to-time Solana experiences downtimes and Neon EVM is impacted by these downtimes; however the Solana team is working rigorously to fix these known issues with a potential solution to be implemented in about 6 months. Nevertheless, due to its immense potential as an innovative Layer 1, Solana is highly popular amongst a variety of dApps. 
Neon EVMs performance has been tested through multiple use cases, and the platform now includes the infrastructure and capabilities to support production level development. Notable Ethereum-based projects starting to build on Neon include Curve and Sobal.
Neon EVM has over 200 projects in its pipeline committed to launching during mainnet and shortly after the launch of mainnet, including blue-chip DeFi protocols, wallets, fiat on/off ramps, infrastructure, DAO tooling, etc.
Looking beyond mainnet, the plan is to develop interoperability with Solana smart contracts, full ecosystem compatibility, integration with additional major Ethereum tools and services, and an early grants program.

SolFlare

Backpack

Phantom

Myria

Pyth Network

Neutron

Celestia

Axelar claims to deliver “secure cross-chain communication for Web3.” The project provides a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools and APIs.

Axelar features three core components – a decentralized network, a software development kit of protocols and APIs, and a set of gateway smart contracts for cross-chain connectivity.

Powered by a decentralized network of validators, anyone can join the network, build on it, or use it. Apps builders can interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake (PoS) consensus mechanism.

AXL is the native token of the Axelar network. The protocol also supports the cross-chain transfer of several native tokens via their wrapped ERC-20 versions, including AVAX (Avalanche), ETH (Ethereum), FTM (Fantom), GLMR (Moonbeam), and MATIC (Polygon).

Meanwhile, Axelar has raised capital from top-tier investors, including Binance, Coinbase Ventures, Dragonfly Capital, Polychain Capital and others.

Axelar

Akash Network

Bittensor

Sui is a groundbreaking layer-1 blockchain platform designed to support the needs of global adoption by offering a secure, powerful, and scalable development platform. At its core, Sui leverages a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures.

On top of strong technical foundations, Sui prioritizes user experience by eliminating barriers commonly associated with blockchain interactions. Through innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui creates a higher standard for user experience within Web3 by ensuring applications are accessible and user-friendly.

Manta Network

Jito Network is a major contributor to the Solana ecosystem through its JitoSOL liquid staking pool, and its collection of MEV products.

Users can exchange their SOL for JitoSOL. In return, holders maintain SOL’s liquidity and DeFi opportunities while earning yield from staking. JitoSOL uniquely provides its holders with additional rewards from transaction revenue associated with MEV extraction on Solana.

Maximum extractable value (MEV) describes profit opportunities attributable to the specific order of transaction execution. For example, a large swap on Orca can lower the pool’s price below that of Raydium or Serum. Traders will race to profit from that price difference and this arbitrage is considered MEV.

The Jito Foundation was created to minimize the negative impacts of MEV, equitably distribute the profits and increase transparency. Jito published an open source validator client designed to create a competitive market for MEV extraction. The client enables auctions within each block for the opportunity to capture that block’s MEV. Traders submit bids, and the highest bidders within each block can harvest available MEV.

Jito

Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.

The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

Kaspa

Nakamoto Games

HELLO Labs

Ondo

Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security.

Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable, stated that Immutable allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable aims to create a world-class experience for users and developers alike.

Immutable

Injective (INJ) is a blockchain built for finance. It is an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.

Injective uniquely provides powerful core financial infrastructure primitives that applications can leverage, including a fully decentralized MEV-resistant on-chain orderbook. In addition, all forms of financial markets such as spot, perpetual, futures and options are fully on-chain. The decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled blockchains, and non EVM chains such as Solana.

Injective also provides a next-generation, highly interoperable smart contract platform based on CosmWasm, with advanced interchain capabilities. Injective is custom built with the Cosmos SDK and utilizes Tendermint-based Proof-of-Stake consensus mechanism, providing instant transaction finality with the ability to sustain lightning-fast performance (25,000+ TPS).

The Injective ecosystem includes 100+ projects and over 150,000 community members globally. Injective is backed by a group of prominent investors such as Binance, Pantera Capital, Jump Crypto and Mark Cuban.

Injective

ZetaChain is a novel L1 that has chain-agnostic interoperability built-in (EVM-compatible, Cosmos/IBC, Bitcoin, Dogecoin, Tron, etc.). Developers currently use ZetaChain’s messaging capabilities to send data and native value (without wrapping assets) between any chains.

ZetaChain will also support native smart contracts, which let developers build omnichain dApps that orchestrate funds across chains from a single contract.