Injective Launches Layer-2 Testnet For Solana-Based Apps In Cosmos

Injective has launched a new Solana-based Layer-2 testnet for apps built on the Cosmos blockchain. The new testnet is one of the few networks that uses Solana’s Sea Level Virtual Machine (SVM).

The low-cost and high-performance Layer-2 solution provided by Injective allows developers to build, deploy and test their applications on the network in an efficient and secure manner. The testnet is powered by a combination of the Injective Protocol, Outpost, and a number of built-in features, such as instant settlements, permissionless liquidity, and automated compensation.

The in-house team at Injective has conducted extensive research and development to make sure that the Layer-2 testnet will provide a seamless, secure and easy-to-use experience for developers who are building applications on the Cosmos blockchain.

The Injective project has been gaining traction in the blockchain community due to its innovative technology and its focus on creating an account and asset-agnostic Layer-2 protocol. This latest development is likely to further boost the project’s adoption, as it easily allows developers to build and deploy applications on the Layer-2 network.

The Layer-2 testnet is designed to be a low-cost alternative to existing Layer-2 solutions, as it removes the need for users to pay fees or experience slow settlement times. The testnet also features support for a range of assets, including Bitcoin, Ethereum, Zcash and Libra.

Injective is continuing to work on the development of additional features and usability enhancements for the Layer-2 testnet, which will ultimately pave the way for the commercial launch of the protocol.