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 Mar 14, 2025    |    7 months ago

Cytonic Launches First MultiVM Testnet, Supporting Both EVM and SVM Rollups

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Lorcan Byrne

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British Virgin Islands, March 14 2025 — Cytonic, the world’s first multi-virtual-machine blockchain, has announced the highly anticipated launch of its first MultiVM Testnet.

 

 

Developed by MultiVM Labs, Cytonic is an execution layer engineered to address blockchain compatibility challenges, emerging as the first Layer 1 that runs multiple VMs within the same network layer using shared storage.

 

 

In today’s Web3 environment blockchains are limited to a single virtual machine. Ethereum uses EVM, Solana relies on SVM, and Sui operates with Move VM, creating a fragmented ecosystem similar to iOS and Android in mobile OS.

 

 

Up until now, this lack of compatibility forces developers into isolated programming paradigms, hindering innovation. Cytonic’s MultiVM approach unifies these environments by enabling multiple VMs within a single network, allowing seamless cross-VM interactions.

 

 

As the “builder’s chain”, Cytonic’s architecture is built to resolve the longstanding fragmentation in blockchain ecosystems, emerging as the first Layer 1 to run multiple VMs within the same network layer using shared storage.

 

 

This innovation allows developers to deploy applications across different execution environments without compromising efficiency, security, or composability.

 

 

To accelerate ecosystem adoption, Cytonic testnet will roll out a sequential incentive program, rewarding users based on their engagement with each decentralized application (dApp) deployed.

 

 

This strategic rollout ensures a robust, user-driven network that evolves dynamically with developer and community participation.

 

 

Through Cytonic’s upcoming “Just Build It” campaign, the platform is dramatically simplifying the deployment process for EVM and SVM projects, allowing developers to launch applications on Cytonic with just a few clicks, while making up to 100 million Cytonic tokens as builders incentives up for grabs.

 

 

The Cytonic network consists of two main components, the settlement layer and VM rollups, which are used for transaction execution. Both components share the same token – Cytonic’s native utility token, which is used to pay transaction fees.

 

 

The Cytonic token is minted through the settlement layer’s consensus mechanism, which follows EVM compatibility and uses the TxBlobs standard to provide data availability and EVM functionality for settlement. Currently, VM rollups utilize an optimistic stack to push transactions to the settlement layer.

 

 

Thanks to its EVM and SVM compatibility, projects from any EVM or SVM chain can seamlessly migrate to Cytonic and tap into liquidity from different networks without the usual complexities of cross-chain operations or chain abstraction.

 

 

This breakthrough in core infrastructure compatibility enables developers to deploy existing applications on Cytonic without rewriting any code, streamlining both development and growth processes.

 

 

The testnet launch follows the recent closure of Cytonic’s $8.3 million seed round, which was co-led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes and other notable investors.

 

 

Ivan Miskovic, Founder of Cytonic, said: “With the highly anticipated testnet launch, we are inviting developers, validators, and blockchain enthusiasts to participate in the testnet and explore its MultiVM capabilities firsthand. We’re eager to see how users will interact with the system, and we believe this collaborative phase will be instrumental in refining Cytonic to better meet the needs of builders and users alike.”

 

 

About Cytonic

 

 

Cytonic is pioneering the first multi-virtual-machine blockchain, with a mission to seamlessly integrate diverse networks like Bitcoin, Ethereum, and Solana into a unified Layer 1 blockchain solution. Operating on a global scale, Cytonic ensures connectivity and interoperability across multiple decentralized networks.

 

 

Website: https://www.cytonic.com/

X: https://x.com/cytonic_com

Discord: https://discord.gg/K3RgfYS5

 

 

Media Contact: 

 

 

lorcan@forewordventure.com

 

 

 


 

 

 

DISCLAIMER

On-Chain Media articles are for educational purposes only. We strive to provide accurate and timely information. This information should not be construed as financial advice or an endorsement of any particular cryptocurrency, project, or service. The cryptocurrency market is highly volatile and unpredictable.Before making any investment decisions, you are strongly encouraged to conduct your own independent research and due diligence

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