Ethereum Apps Could Soon be Launching on Competitor Solana

Neon Labs will launch its โ€œethereum virtual machineโ€ for Solana on December 12, CEO Marina Guryeva told CoinDesk. EVM is the standardized engine that powers decentralized finance (DeFi) apps on Ethereum and a handful of other ecosystems, sans Solana, which follows a different infrastructure.

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