Backstabbing Ethereum? Virtuals Protocol announces expansion to Solana: launching Meteora Pool, strategic SOL reserve, and five other plans.

Base, a well-known AI Agent platform, announced its expansion to the Solana blockchain and launched five major projects, including Meteora Pool, strategic SOL reserve, 42,000 $VIRTUAL funding program, etc. In this bull market, Solana, with its fast transaction speed and low gas fees, has captured the majority of the meme season's traffic and has taken the lead in the upcoming AI boom. Solana is known for its narrative-rich and fast iteration ecosystem, with popular projects such as GOAT, ARC, Ai16z, and Buzz. On the other hand, Base, centered around the AI Agent platform Virtuals Protocol, has incubated many well-known projects such as AIXBT, GAME, Vader, and Luna. Virtuals Protocol announced its expansion to the Solana blockchain and will launch the following projects: Meteora Pool launch: We will launch a dedicated Meteora Pool on Solana, opening up new opportunities for trading and interaction. Strategic SOL Reserve (SSR): 1% of transaction fees will be converted into SOL to establish a dedicated reserve pool to support and reward agents and creators in the ecosystem. Consistent trading pairs: AGENT/VIRTUAL trading pairs will remain consistent on Solana to ensure users have a smooth experience. 42,000 $VIRTUAL funding program: This program is designed for early-stage projects based on Base and Solana to help entrepreneurs get started and expand their ideas. Virtuals AI Hackathon: The Virtuals AI Hackathon will be held in March this year, with technical support and mentorship from the Solana Foundation. Base, one of the most popular Ethereum L2 solutions, has chosen to expand to Solana, which can be seen as an attempt to expand its influence. However, it also implies a hidden threat to Ethereum, further reinforcing the declining trend of the Ethereum community (Base operates on the ETH network). Virtuals is Expanding to @solana! 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… pic.twitter.com/7CGq3rLQwa — Virtuals Protocol (@virtuals_io) January 25, 2025 Will Solana Replace Ethereum? According to previous reports by BlockTempo, Ethereum core developer and co-author of EIP 1559, Eric Conner, announced his departure from the Ethereum community on the 21st. In addition, perhaps unable to bear seeing the Ethereum ecosystem being hindered by the Ethereum Foundation, Konstantin Lomashuk, co-founder of Lido, also expressed support for creating a Second Foundation (Ethereum's second foundation) under the X account. However, he also stated that the Second Foundation has not been officially established: In fact, the Second Foundation has not been established yet. Ethereum is the ultimate world computer, and every Ethereum enthusiast can help it grow, evolve, and succeed. If the Second Foundation is really established, it must have a clear goal to complement the tremendous work of current contributors. Recent events of fear, uncertainty, and doubt surrounding Ethereum have caused the Ethereum Foundation to realize the need for reform, but it seems unable to stop the anger within the community. In contrast, the Solana ecosystem has shown significant growth in meme coins and decentralized finance, and with the suggestion of support from the Trump administration ($TRUMP issuance on Solana), it has attracted more users to the Solana ecosystem. Whether this indicates that Solana is about to replace Ethereum as the leading public chain is worth our continued attention. Related reports: Sun Yuchen: Ethereum Foundation Let Me Lead, ETH Can Break $4500 in a Week, Sell Four Growth Strategies Summary of the 203rd Ethereum ACDE Conference: What Impact Will Pectra Upgrade Bring? Vitalik's Long Article: How to Develop Ethereum L1 and L2? Start by Expanding Blob Space, Should L2 Share Profits with Mainnet?