Solana Ecological Project SOON establishes foundation to promote the popularization of SVM
On May 16, according to the announcement of the SOON Foundation, the SOON Foundation was officially established to promote the development of the SOON ecosystem based on the Solana Virtual Machine (SVM) and implement the "Super Adoption Stack (SAS)" vision. Focusing on ecological acceleration, transparent governance, security management and strategic cooperation, the foundation plans to hold a global hackathon, launch enterprise-level toolkits and conduct research in conjunction with multiple universities. SOON was founded by former executives such as Solana and Optimism, and is supported by well-known investors such as Celestia, AltLayer, and Coinbase Ventures.
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