[DigitalToday reporter Chi-gyu Hwang] Layer 1 blockchain Solayer will unveil a $35 million ecosystem fund, The Block reported on Jan. 20 (local time).
The Block said the fund is intended to support ultra-fast blockchain scaling using the InfiniSVM engine based on SVM (Solana Virtual Machine).
Solayer said it launched an alpha mainnet last year, processing 330,000 transactions per second and achieving 400-millisecond finality. It said this far exceeds Solana's theoretical maximum of 65,000 tps and a 4 ms block time. Through the ecosystem fund, Solayer plans to support development of high-performance on-chain apps and prioritise nurturing projects with clear revenue models.
The Solayer team began developing InfiniSVM in January 2025. It aims to horizontally scale Solana network infrastructure to meet bandwidth demands of specialised decentralised applications such as non-custodial crypto cards.
Chi-gyu Hwang
delight@d-today.co.kr