AI agents platform Virtuals Protocol has announced its expansion to the Solana network. The platform, which is currently based on the Ethereum Layer-2 network Base, chose Solana due to its speed, scalability, and vibrant community. Some users are concerned that this move may negatively impact Virtuals' activity on the Base network. However, Virtuals contributor EtherMage clarified that the protocol's vision is to go multi-chain, with expansions planned on other chains as well. As part of its expansion, Virtuals Protocol will launch a liquidity layer on Solana-based DeFi protocol Meteora. Virtuals also plans to create a strategic SOL reserve and has announced grants and a hackathon to encourage builders and creators within its ecosystem. Despite the expansion, the VIRTUAL token has seen a decline in value, which may be reflective of a wider pullback in the AI agent sector and the general crypto market.
Content Editor ( cryptopolitan.com )
- 2025-01-25
AI agent platform Virtuals Protocol expands to Solana
