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Ethereum Apps Could Soon be Launching on Competitor Solana

Source Node: 1743894

Neon Labs will launch its “ethereum virtual machine” 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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