Neon Labs plans to support EVM on Solana in early December Ne | https://t.me/Solana_Updates

Neon Labs plans to support EVM on Solana in early December

Neon Labs plans to deploy an Ethereum-based smart contract layer on the Solana blockchain on Dec. 12. Known as Neon EVM, the solution aims to bring support for Ethereum Virtual Machine (EVM) — a mechanism that will allow developers to write Ethereum applications on top of Solana.

Neon's implementation will be a smart contract platform built on top of Solana that lets developers deploy Ethereum-based applications — something that’s not been possible so far on the network. Solana’s existing smart contract framework is not EVM-compatible. Therefore developing Ethereum apps on Solana isn’t possible. Neon wants to change that by adopting the developer tools and compute layer present on Ethereum.

Source

@Solana_Updates