Virtuals Protocol Eyes Multichain Growth With Strategic Solana Expansion
2025-01-26
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Virtuals Protocol, a decentralized platform for launching AI agents, has announced its expansion to the Solana blockchain.
This move aims to foster multichain availability while empowering builders and driving innovation within the ecosystem.
Virtuals’ Multichain Ambition
On January 25, Virtuals Protocol confirmed its expansion from Base to Solana. The protocol highlighted that this step marks the beginning of a new chapter, enabling it to grow its community and create more value for developers.
Virtuals aim to unlock new growth opportunities by leveraging Solana’s advanced scalability and active developer community,
“We are beyond excited to announce Virtuals’ expansion to Solana, marking a significant step in our journey to empower builders and drive innovation across multiple ecosystems. Solana, known for its speed, scalability, and vibrant community, is the perfect place for us to grow and bring our vision to life,” Virtuals said.
EtherMage, the protocol’s pseudonymous lead developer, described this expansion as the first of many steps toward building a diverse and robust multichain ecosystem. According to him, the move would help to realize their vision of an interconnected and autonomous digital society.
He noted that dedicated teams are already in place to collaborate with Solana and other blockchain communities. These teams will focus on funding, mentorship, and visibility for projects building within the Virtuals ecosystem.
“Going multi-chain is important for our vision of an agentic society. Diversity of agents is a critical component for autonomous businesses, autonomous societies. Solana is the first step. We are building support across several other chains as well,” EtherMage wrote on X.
Virtuals’ Plan for the Solana Ecosystem
Virtuals Protocol has outlined several initiatives tailored to Solana. Among these is the Meteora Pool, a platform feature designed to create fresh opportunities for trading and engagement.
Additionally, 1% of the trading fees generated will be converted to SOL and allocated to the Strategic SOL Reserve (SSR) to reward contributors and enhance Solana’s ecosystem.
The protocol has also introduced a grant program to boost development across both Base and Solana ecosystems. Under this program, projects on these chains can access 42,000 $VIRTUAL tokens to support early-stage growth.
Looking ahead, Virtuals is set to host an AI Hackathon in March in partnership with the Solana Foundation. This event aims to offer technical mentorship and support to developers, further reinforcing the protocol’s commitment to fostering innovation.
Virtual protocol has emerged as a top-performing platform in the crypto space, benefiting from the growing demand for AI-driven solutions. Its multichain expansion to Solana signals its dedication to shaping the future of decentralized AI and supporting a thriving developer ecosystem.
“Virtuals joining the Solana ecosystem is not just an expansion — it’s the beginning of a new chapter. We’re here to create value, empower builders, and grow the Virtuals Nation to new heights,” the team concluded.
Despite news of the expansion, Virtuals’ native VIRTUAL token is down more than 4% in the last 24 hours to $2.54 as of press time, according to BeInCrypto data.