IQ GPT, a globally renowned tokenized agent for decentralized finance (DeFi), is reportedly live on SOON Network to offer enhanced blockchain solutions. Founded in 2024 by Joanna Zeng, SOON Network plans to provide support for the high-throughput deployment of SVM Layer 2 solutions on various Layer 1 blockchains.
IQ GPT is live on SOON Network!
@soon_svm is an SVM Rollup that aims to support high-throughput deployment of SVM Layer 2 solutions on various L1 blockchains.
IQ GPT in the SOON community would provide fast & accurate answers to blockchain questions, educate members, &… pic.twitter.com/D89DtViOvj
— IQ AI (@IQAICOM) January 24, 2025
In the Soon community, IQ AI will provide precise and accurate answers to their on-chain questions. It will inform members of the SOON community by engaging them in productive discussions. IQ GPT took this news to its official social media platform, X.
SOON Network improves Blockchain adoption with three core components
SOON Mainnet is essentially a Layer 2 network on Ethereum ($ETH) using Solana Virtual Machine (SVM). To provide developers with a scalable environment, it aims to address the limitations of Ethereum Virtual Machine (EVM). To facilitate collaboration between developers of different blockchains, The Mainnet combines the features of SVM with Ethereum.
SOON Stack, an infrastructure framework, is designed to run an SVM Layer 2 on various Layer 1 networks. Currently, SOON Network supports Ethereum as a settlement layer with strategies to expand to additional L1 and DA layers. Moreover, it aims to simplify SVM-based blockchains to provide flexibility for multiple applications, including consumer and gaming apps.
InterSOON is designed to improve communications between SOON Mainnet, SOON Stack and other Layer 1 networks. It facilitates more complex cross-chain communications by providing a standardized messaging layer for smart contracts.
Improving performance and scalability
The ultimate goal of SOON Network is to separate the Solana Virtual Machine (SVM) from the consensus layer to increase flexibility and performance. This separation of the consensus layer allows SVM to process efficiently. Moreover, it can be said that SVM can process transactions more skillfully and scale freely.
SOON Community seems to be a dynamic and committed group and the members of SOON Community seem to be involved in various activities to increase their knowledge through multiple discussions.