According to online reports, Solana core developer Cantepepeel announced his departure and founded Uto Labs, planning to develop a new Layer1 blockchain. As the core engineer of Firedance's new client, he led the team to demonstrate the performance of 1 million transactions per second and 1 billion computing units per second at Breakpoint 2024. Unto Labs will adopt a new architecture and redesign it from virtual machines to consensus mechanisms, but will not create SVM chains. Cantelopepeel expects to see tens of millions of daily active wallet users in 2025, and the new project will be dedicated to meeting this demand.