CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Sonic SVM’s First Solana Layer-2 Network, Mobius, Launches In Mainnet 

February 27, 2025
in Crypto News
Reading Time: 2 mins read
A A
0
Sonic SVM’s First Solana Layer-2 Network, Mobius, Launches In Mainnet 
0
SHARES
19
VIEWS
ShareShareShareShareShare

Most Solana developers build on that network because they have a need for speed, and they know it boasts some of the fastest transactions of any blockchain. But now, they have an even faster option, with the launch of Sonic SVM’s Mobius mainnet, which is the first Layer-2 network for Solana-based applications. 

Having enjoyed a successful testnet phase that saw it onboard more than eight million users and hundreds of decentralized application developers, Sonic’s Mobius will launch its mainnet at 12:00PM UTC today. It’s a key milestone for the highly ambitious project, which aims to enhance Solana’s reputation as the highest performing blockchain in the business. 

Sonic SVM’s Mobius mainnet showcases how it provides developers with everything they need to quickly spin up “game-specific rollups”, or customized L2 networks that will enable Solana dApps to scale with faster transaction times and lower fees. 

Backed by more than $12 million in funding, Sonic SVM sees itself as the cornerstone of Solana’s GameFi industry. It’s targeting that segment because Solana has faced a lot of competition in gaming from rival networks such as Oasys and Immutable X. With its Sonic Virtual Machine-based infrastructure, it believes it has what it takes to outperform those gaming-focused blockchains. 

The secret sauce within the Mobius mainnet is HyperGrid, a horizontal scaling framework that enhances the performance of its SVM chains. It allows developers to customize multiple aspects of their L2s, with support for versatile data formats. Moreover, its cross-compatibility with the Ethereum Virtual Machine gives EVM developers the option to build on Sonic using familiar tools and programming languages. 

As the first SVM chain, Mobius will dramatically enhance Solana’s performance with a dedicated layer for high-traffic dApps, acting as an extension of the original blockchain. 

Solana CEO Chris Zhu said the mainnet launch is a key milestone that highlights the collaborative efforts of its team and various other partners in the Solana ecosystem, including dApp developers and infrastructure providers, who have all worked to make it happen. 

“We’ve demonstrated remarkable traction during our testnet phase, with countless games and dApps deployed and over 8 million users onboarded,” Zhu added. “We’re incredibly excited to see these collective efforts come to life with Mobius, and we can’t wait to showcase the innovative projects emerging from our ecosystem.”
The Mobius mainnet launch coincides with Sonic SVM’s ongoing Mobius Hackathon, which was launched earlier this month in order to drum up further interest from developers in its L2 network. Through the hackathon, Sonic is inviting developers to compete in one of four tracks – attention capital, DeFi, gaming and AI, for the chance to win a share of the $1 million prize pool it has set aside.


Credit: Source link

RELATED POSTS

XRP’s Breakout Rally Has Begun, Analysts Say

2 Major Ripple (XRP) News From The Past 24 Hours: Details

Bitcoin’s $3K Drop Comes as Fed Rate Hike Bets Surge, but Analyst Remains Bullish

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Jack Dorsey’s Block Implements Bitcoin Inheritance Feature

Next Post

Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports

Related Posts

Ripple’s (XRP) Surge to $3 Triggers Over $55 Million in Short Liquidations
Crypto News

XRP’s Breakout Rally Has Begun, Analysts Say

September 5, 2026
XRP Poised to Benefit as Fedwire Adopts ISO 20022 Upgrade, Analyst Claims
Crypto News

2 Major Ripple (XRP) News From The Past 24 Hours: Details

September 5, 2026
Bitcoin Correction to $34K Predicted as Grayscale Dumping Continues
Crypto News

Bitcoin’s $3K Drop Comes as Fed Rate Hike Bets Surge, but Analyst Remains Bullish

September 5, 2026
Next Post
Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports

Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports

Chris Dixon on Web3, Decentralization, and Tech Innovation

Chris Dixon on Web3, Decentralization, and Tech Innovation

Recommended Stories

OCC Grants Conditional Approval for World Liberty Trust Bank Focused on Stablecoin Operations

OCC Grants Conditional Approval for World Liberty Trust Bank Focused on Stablecoin Operations

August 18, 2026
Ethena Pay Launches on Avalanche, Targets Neobanks

Google Expands Gemini AI Platform With New Tools and Milestones

September 1, 2026
$70M Bitcoin Movie Portrays Craig Wright as Satoshi

$70M Bitcoin Movie Portrays Craig Wright as Satoshi

September 3, 2026

Popular Stories

  • Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

    Efficient Meeting Summaries with LLMs Using Python

    0 shares
    Share 0 Tweet 0
  • PLTR Price Prediction: The $186 Wall — Bearish Derivatives Pressure vs. Explosive AI Fundamentals

    0 shares
    Share 0 Tweet 0
  • Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Harvey Revamps Contract AI with Multi-Agent System

    0 shares
    Share 0 Tweet 0
  • Bitcoin Price Holds $77K: Funds Are Buying, the Crowd Is Not

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • XRP’s Breakout Rally Has Begun, Analysts Say
  • Zcash Tops $1,000 as Arthur Hayes and Others Back the Privacy Trade
  • How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.