Changpeng Zhao Highlights 'SOON': "Solana SVM on BNB Chain"

2025-03-28 18:40
BLOCKMEDIA
BLOCKMEDIA
Changpeng Zhao Highlights 'SOON': "Solana SVM on BNB Chain"

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# Binance CEO Highlights Deployment of Solana Virtual Machine on BNB Chain Changpeng Zhao (CZ), the founder of Binance, expressed his surprise and enthusiasm over the integration of the Solana Virtual Machine (SVM) into the BNB Chain. On March 28, CZ tweeted, “How did I miss this? Now, SVM apps can deploy directly on BNB Chain. Build!” The headline-grabbing innovation is credited to a project developed by Soons, known as the “svmBNB” mainnet. The svmBNB framework enables Solana’s SVM environment to function on the BNB Chain by decoupling and integrating it as a separate layer. Transactions and settlements are processed within the BNB Chain, and gas fees are paid in BNB. This structure allows Solana developers to work in their familiar ecosystem while leveraging the security and broader ecosystem of the BNB Chain. # Combining Solana's Performance with BNB's Security The svmBNB structure preserves Solana's execution environment while carrying out block generation, validation, and settlements on the BNB Chain. This innovative design falls under the emerging category of modular blockchain architectures, specifically employing a “decoupled” model that separates execution and consensus functions. Soons emphasized that this model ensures both high performance and reliability. Developers can build diverse dApps, taking advantage of rapid execution speeds, low transaction fees, and high throughput. The versatility of svmBNB makes it particularly suitable for meme tokens, automated trading bots, high-performance AI models, and responsive gaming applications. # Testnet Results: 10x Faster Than Solana Prior to its official launch, svmBNB underwent rigorous testing on its testnet. The reported results were impressive, with 2.53 million active wallets, 20.6 million total transactions, and an average block generation time of just 50 milliseconds. Soons claims these metrics showcase a transaction processing speed that is over ten times faster than Solana’s. Contrary to traditional blockchains that frequently encounter bottlenecks during surges of meme token activity or event-driven traffic, svmBNB maintains millisecond-level transaction times even under concurrent high-volume activity. This performance is critical in trading environments requiring high liquidity and rapid response times. # From Concept to Mainnet in Just Two Months The svmBNB mainnet was developed at an extraordinary pace—conceptualized and launched within just two months. This rapid development cycle demonstrates Soons’ capability as an infrastructure leader in the blockchain sector. Under its “Super Adoption Stack” strategy, Soons is advancing multi-chain expansion. Central to this strategy are the Soons Mainnet, Soons Stack, and InterSoons, which aim to boost compatibility while maintaining Solana Virtual Machine specifications. Soons has collaborated with Anza, a spin-off organization from Solana Labs, to retain seamless interoperability with other blockchains while preserving core SVM functionality. # Star-Studded Investor Lineup The Soons project has attracted considerable attention and investment from blockchain industry leaders. Its backers include Anatoly Yakovenko, co-founder of Solana Labs; Lily Liu, chairman of the Solana Foundation; Jonathan King, partner at Coinbase Ventures; Mustafa Al-Bassam, co-founder of Celestia Labs; Abrit Kumar, co-founder of AltLayer; and Prabal Banerjee, co-founder of Avail. Joanna Cheng, co-founder and CEO of Soons, spearheads the project with extensive experience in the crypto industry since 2017. Her prior roles include business development and partnerships at Coinbase, Optimism, and Aleo, highlighting her influence in the blockchain space. # SVM’s Role in the Next Stage of the Meme Market The BNB Chain has seen a surge in meme token transactions recently, often leading to network slowdowns and skyrocketing fees. These limitations negatively impact the user experience. However, by addressing these bottlenecks at the execution layer, svmBNB positions itself as a potential breakthrough platform to sustain the next wave of meme token growth. Soons stated, “By combining BNB Chain’s security, TVL (total value locked) scale, and user base with SVM’s ultra-fast transaction capabilities, we can drive cultural and community growth without encountering technical bottlenecks.” # A New Era of Blockchain Design The emergence of svmBNB is not merely a technological development; it represents an experimental shift in blockchain architecture through the separation of execution and settlement. CZ’s focus on this innovation underlines a significant industry takeaway—the Solana Virtual Machine can now operate seamlessly on the BNB Chain. This marks a pivotal step toward greater cross-chain interoperability and scalability.
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