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Solana Optimistic Network, known as SOON, has successfully secured funding in a 'cobuilder' round without the involvement of venture capital firms. The funding round was backed by prominent figures such as Anatoly Yakovenko, co-founder of Solana, and Calily Liu, president of the Solana Foundation. SOON is a Solana Virtual Machine (SVM) that aims to be the most efficient rollup stack, targeting Ethereum and Bitcoin liquidity while attracting developers skilled in Rust, C++, and other mainstream programming languages. The initiative is expected to enhance the performance of Layer 2 solutions on Ethereum and other Layer 1 blockchains.
🚨 LATEST: @soon_svm introduces SOON, the most efficient rollup stack delivering top performance to every L1. SOON raised funds in a co-builders round from top industry leaders including @SolanaFndn. https://t.co/4JX6coP6nN
stoked to back SOON. exciting work on their SVM L2 solution 👏🏼 https://t.co/dx4OWlJl1q
Stoked to support @soon_SVM’s mission to bring the power of SVM into Ethereum (maybe @MantaNetwork in the future), where DApp developers could sometimes be significantly handicapped by the performance limitation of their base chain! I strongly believe that SVM will soon become… https://t.co/KwkoOePQdj
