Solana devs copy Ethereum playbook with SVM blockchains
Informed Crypto News Blessed with tacit endorsements of President Donald Trump’s crypto projects and capitalizing on its leading competitor’s in-fighting, Solana’s value and popularity has skyrocketed over the past month. In the last 30 days, its market capitalization rallied $28 billion and its transaction priority fee 10X’d. As a result of all of this blockchain activity, fees and congestion have started to bog down Solana’s user experience, encouraging the creation of Solana Virtual Machine (SVM) blockchains. In the last 30 days, its market capitalization rallied $28 billion. Attempting to buck its association with Sam Bankman-Fried’s FTX and Securities and Exchange Commission (SEC) allegations of unregistered SOL securities offerings, Solana is taking a leaf out of Ethereum’s playbook . Years ago, Metamask (a popular Ethereum wallet) rolled out support for other Ethereum Virtual Machine (EVM) compatible networks. This provided users with a practical ben...