TL;DR:
- Solayer introduces a $35 million fund to finance high-impact decentralized applications.
- The infiniSVM engine reaches 330,000 transactions per second, surpassing Solana’s theoretical capacity.
- The project aims to establish itself as a specialized performance layer compatible with the SOL token.
This Tuesday, Solayer announced that Solayer launches $35 million fund for SVM applications. The goal is to empower the development of on-chain applications through a grant program designed for protocols with clear revenue models and high-level technical foundations.
The initiative emerges as a natural evolution of the Solayer Accel incubation program, which has already boosted innovative projects like the AI trading platform buff.trade and the hardware-accelerated MetaDEX, DoxX. With this fund, the team expects to attract founders looking to leverage the unique capabilities of their blockchain architecture.
Innovation with infiniSVM: Surpassing Solana’s Limits
The technological core of this proposal is the infiniSVM engine, a hardware-accelerated solution that allows processing more than 330,000 transactions per second. In this way, Solayer positions itself as a high-performance alternative for applications requiring massive bandwidth, such as non-custodial crypto cards.
Unlike other networks that compete directly, Solayer defines itself as a specialized performance layer that complements the Solana mainnet. For this reason, users can transfer assets via sBridge and use the SOL token for network fee payments and staking processes.
After raising $12 million in its seed round led by Polychain Capital, the team reaffirms its commitment to long-term growth. With the launch of its mainnet in alpha phase and the LAYER governance token, Solayer launches fund to ensure an efficient ecosystem.
