Yona Community, a Solana Digital Machine (SVM) Bitcoin Layer 2 community, has adopted Neon Stacks to introduce Ethereum Digital Machine (EVM) compatibility to the Bitcoin community.

In accordance with an announcement launched on July 25: currencyjournalsThe collaboration goals to drive innovation within the Bitcoin DeFi ecosystem whereas enhancing the accessibility and scalability of decentralized functions (dApps) on cutting-edge blockchain networks.

On the similar time, the transfer provides EVM builders and customers entry to over $1 trillion in liquidity on the Bitcoin community, in addition to property similar to Ordinal, Rune, and BRC-20.

Bringing Solana Pace ​​to Bitcoin

Yona Community's SVM integration is about to convey Solana's superior transaction processing capabilities to Bitcoin, a transfer that would entice extra Ethereum and EVM-based DeFi tasks to the Bitcoin community.

In accordance with the assertion:

“By integrating SVM, Yona envisions bringing Solana's skill to course of 1000’s of transactions per second to Bitcoin, enabling a extremely scalable, modular L2 and liquidity-rich platform that may be a must-have for the following era of dApps within the Bitcoin ecosystem.”

Neon Stacks, which supplies compatibility between the Solana blockchain and Ethereum, helps Yona's imaginative and prescient and hopes that this collaboration will result in higher blockchain interoperability and scalability.

Davide Menegaldo, CCO of Neon EVM, emphasised that the mixing will broaden Yona Community's market viewers and interplay with Ethereum.

“Combining Bitcoin as a foundational layer with an SVM execution setting and integrating EVM compatibility is a novelty and an bold case research within the area of modularity. Yona's method leverages the perfect of every L1 (Ethereum, Solana, Bitcoin) in a method that has by no means been carried out earlier than.”

Yona Community CEO Max Slutakov described the mixing with Neon Stacks as a revolutionary transfer that transforms the blockchain community right into a common, programmable layer on Bitcoin.

“The Neon Stack is a sport changer, bringing EVM compatibility to SVM chains in an unprecedented method, unlocking the unbelievable potential of the Yona Community, remodeling it right into a common programmable layer on prime of Bitcoin.”