[PRESS RELEASE – Zug, Switzerland, November 19th, 2025] Supra, the vertically integrated Layer 1 powering MultiVM smart contract execution with native oracles, dVRF, automation, and cross-chain communication, announced today the opening of applications for its MultiVM testnet during today’s keynote at Devconnect Buenos Aires, held as part of Multichain Day. The announcement was delivered by […][PRESS RELEASE – Zug, Switzerland, November 19th, 2025] Supra, the vertically integrated Layer 1 powering MultiVM smart contract execution with native oracles, dVRF, automation, and cross-chain communication, announced today the opening of applications for its MultiVM testnet during today’s keynote at Devconnect Buenos Aires, held as part of Multichain Day. The announcement was delivered by […]

MultiVM Support Now Live On a Supra Testnet, Expanding To EVM Compatibility

2025/11/20 00:18

[PRESS RELEASE – Zug, Switzerland, November 19th, 2025]

Supra, the vertically integrated Layer 1 powering MultiVM smart contract execution with native oracles, dVRF, automation, and cross-chain communication, announced today the opening of applications for its MultiVM testnet during today’s keynote at Devconnect Buenos Aires, held as part of Multichain Day. The announcement was delivered by Jon Jones, Co-Founder and Chief Business Officer of Supra, during a session exploring the future of interoperability and next-generation Web3 infrastructure.

This launch marks a pivotal moment in the evolution of dApp development, as Supra aims to offer EVM developers, in addition to MoveVM developers, a powerful new foundation to build, test, and deploy high-performance applications that can scale across ecosystems without compromising on security, composability, or liquidity. SolanaVM support is underway and is expected to be deployed early next year, making Supra the first L1 ever to support multiple virtual machines and execution environments from a variety of ecosystems.

The Supra MultiVM architecture empowers dApp developers to write smart contracts in either Solidity or Move, with SolanaVM support underway, tapping into Supra’s native services such as their 600+ built-in Oracle price feeds, cross-chain communications, and automation capabilities. This eliminates long-standing constraints that have forced projects to remain locked into Ethereum-compatible environments, foregoing access to interoperate with applications from other growing ecosystems.

By unifying these environments with shared blockspace and a converged execution model, Supra’s MultiVM is poised to redefine what is possible in the multi-chain era. Supra aims to become a decentralized global supercomputer, and their thesis is that any such infrastructure should be able to run programs from a variety of programming languages.

A core component of their MultiVM design is SupraEVM, the network’s native EVM-compatible implementation. Built from the ground up with performance in mind, SupraEVM incorporates SupraBTM, a hybrid parallel execution engine capable of deterministic, conflict-aware scheduling. This enables significantly higher throughput and lower latency compared to all EVM chains in the industry, but without requiring developers to modify existing Solidity contracts.

SupraBTM has recently been benchmarked as the fastest parallel EVM executor publicly tested to date. Independent analysis confirms that SupraBTM outperforms emerging EVM projects such as Monad in high-conflict DeFi workloads, while maintaining verifiable safety and deterministic finality. In a bold move to further validate this claim, Supra’s Co-Founder and CEO, Joshua Tobkin, launched a $1 million public bounty, offering a reward to any team capable of beating SupraBTM’s performance by 15% or more in open, reproducible benchmarks.

MultiVM on a Supra Testnet: Now Open for Applications

In a significant step to attract the best EVM talent to the Supra ecosystem, Supra has today opened applications for a considerable grant program. The program invites EVM developers seeking early access to the MultiVM Testnet environment, purpose-built to simulate mainnet conditions, to submit their best ideas and applications.

Selected projects will have access to nearly all of Supra’s complete developer stack, including:

  • Full MoveVM and EVM compatibility (no code changes required for Solidity contracts)
  • Vertically integrated services such as native oracles, deterministic verifiable randomness (dVRF), and event-driven automation, all live or coming soon to the SupraEVM
  • Unified RPC infrastructure supporting both Move and EVM environments
  • Tooling compatibility with Hardhat, Foundry, and Supra’s native CLI/IDE
  • Upcoming support for VM-to-VM communication and composable automation across environments

The EVM grant program has been allocated $250,000 to the best talent on offer, and is designed to support innovative EVM-native projects deploying on Supra’s infrastructure. The program will fund up to 10 development teams, with each team eligible for up to $25,000 in milestone-based grants.

Each selected project will work closely with the Supra developer relations team to define technical milestones, deploy contracts on MultiVM infrastructure, and prepare for eventual mainnet integration in early 2026.

This initiative follows a wave of recent infrastructure developments from Supra, including the launch of the DevWire Hub, a new resource portal offering tutorials, CLI tools, RPC documentation, and weekly updates for developers building in Supra’s ecosystem.

Supra’s MultiVM strategy also includes long-term support for additional VM integrations beyond EVM and Move, with SolanaVM currently in development. This approach reflects a broader vision of universal Web3 composability, where developers can launch applications once, then reach users on any network without friction or fragmentation.

Accessing Supra’s MultiVM Infrastructure

Developers building high-performance dApps in Solidity are now invited to apply for Supra’s MultiVM Testnet and associated grant program. The program offers early access to Supra’s next-generation infrastructure, engineering support, and funding for projects that demonstrate strong technical merit and alignment with Supra’s multi-chain vision. Interested development teams may apply directly via the official application portal.

About Supra

Supra is the first chain built for Automatic DeFi (AutoFi), a novel self-operating automated financial system that also serves as the perfect framework for crypto AI Agents, built upon its vertically integrated Layer-1 blockchain with built-in high-speed smart contracts, native price oracles, system-level automation, and bridgeless cross-chain messaging.

Supra’s vertical stack unlocks all-new AutoFi primitives that can generate fair recurring protocol revenue and redistribute it across the ecosystem, reducing reliance on inflationary block rewards entirely over time. This stack also equips on-chain AI Agents with all the tools they need to run a wide variety of powerful DeFi workflows for users automatically, autonomously, and securely.

The post MultiVM Support Now Live On a Supra Testnet, Expanding To EVM Compatibility appeared first on CryptoPotato.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USD/CHF rises on US dollar rebound, weak Swiss economic data

USD/CHF rises on US dollar rebound, weak Swiss economic data

The post USD/CHF rises on US dollar rebound, weak Swiss economic data appeared on BitcoinEthereumNews.com. USD/CHF trades slightly higher on Friday, around 0.8060, up 0.15% at the time of writing. The pair remains on track for a weekly gain, supported by the persistent weakness of the US Dollar (USD) amid growing expectations of interest rate cuts by the Federal Reserve (Fed). The US Dollar Index (DXY) is heading toward its worst weekly performance since July, despite a modest rebound on Friday driven by firmer US Treasury yields. Investors continue to price in substantial monetary easing over the next 12 months. According to the CME FedWatch tool, the chance of a 25-basis-point cut at the December meeting now stands at 85%, compared with less than 40% one month ago. This dynamic is reinforced by dovish comments from several Fed officials and this week’s soft US Retail Sales data. Speculation within the National Economic Council (NEC), suggesting that Kevin Hassett may emerge as the leading candidate to replace Jerome Powell in May, also fuels expectations of a prolonged easing cycle through 2026. In this context, US Dollar rallies are likely to remain contained unless the macroeconomic backdrop shifts meaningfully. In Switzerland, the Swiss Franc (CHF) lacks momentum following economic indicators that came in well below expectations. Swiss Gross Domestic Product (GDP) contracted 0.5% (QoQ) in Q3, below the 0.4% contraction consensus and after a revision of the previous quarter to 0.2%. Growth YoY slowed to 0.5%, far below the previously reported 1.3%. The only positive signal came from the KOF Leading Indicator, which improved to 101.7 from 101.03, slightly above consensus. Still, the data confirms a slowdown in the Swiss economy, reinforcing expectations that the Swiss National Bank (SNB) may keep its policy rate at 0.00% potentially through 2027, according to several analysts. Overall, the environment continues to favour USD/CHF upside, although the pair remains sensitive to…
Share
BitcoinEthereumNews2025/11/28 22:04