Injective, the creator of the Cosmos-based network, has announced the introduction of a layer-2 testnet that makes use of SVM.
Solana Web3 apps may soon be ported by developers to the Cosmos environment, resulting in more users for these apps and a wider range of applications for Cosmos blockchains.
The team behind Cosmos-based network Injective released a layer-2 testnet using Solana’s Sea Level Virtual Machine, according to a March 30 announcement from the company.
As a result, some Solana developers can now test their applications for compatibility with the Cosmos environment without having to switch to a different programming language or set of development tools.
The new network is called “Cascade,” according to a spokesman from Injective, and it employs optimistic rollup technology. The release claims that Eclipse, a provider of tailored optimistic and zero-knowledge rollups for developers, assisted in the creation of the new layer.
According to co-founder and CEO of Injective Labs Eric Chen, the integration should benefit both consumers of Cosmos and the Solana development community:
“This new SVM rollup for the Cosmos IBC world will not only empower developers from Solana to deploy their DApps on Injective, but it will also create more opportunities for users to experience the best Web3 DApps in one integrated network.”
The testnet is currently private, according to Injective, but starting on March 30 it will “offer a limited number of spots exclusively to select Solana developers.”
According to a report by Alchemy, the number of active Solana developer teams surged by more than 1,000% year over year in the third quarter of 2022.
According to Web3 analytics company DappRadar, the network has a number of apps with more than 2,000 unique users, including the DeFi protocol MeanFi and the nonfungible token marketplace Magic Eden.
However, Solana Web3 applications are created to work with the Solana SVM, which is only employed by Solana itself. Because of this, Solana developers find it challenging to migrate their applications to other networks without doing a lot of rewriting.
A collection of interconnected blockchain networks called Cosmos was created utilizing a common software development kit and consensus engine. Assets on one network can be moved to another within the Cosmos ecosystem thanks to the inter-blockchain communication protocol (IBC) that connects them.
The new SVM rollup is a layer-2 of Injective, one of the networks that make up this ecosystem. Not only Injective Labs is attempting to make Solana apps work with Cosmos.
In addition, Nitro Labs produced a decentralized exchange for its testnet in February and announced the creation of an SVM rollup for the Sei network in September.
In the past two years, the Cosmos ecology has expanded. The V9-Lambda upgrade, which starts to integrate Interchain Security (ICS) and enables ecosystem participants to share validations resources, was accepted by Cosmos Hub governance on March 11. The Noble Network will be used by Circle to launch USDC for Cosmos on March 29.
