**London, United Kingdom, October 16, 2024**

**Neon EVM Launches Network Extensions Category on Solana**

- Neon EVM has officially accepted the Solana Network Extensions category as an Ethereum-Compatible Virtual Machine (EVM) on Solana.

- Network Extensions fill a critical gap in the Solana ecosystem, allowing projects to extend Solana’s functionality.

- Solana founder Anatoly Yakovenko stated that these extensions expand the ecosystem without eroding liquidity compared to Ethereum’s L2 solutions.

- Neon EVM enables Ethereum-based applications to run on Solana, offering high throughput and scalability.

- This technology makes Neon EVM a key player in the Solana ecosystem and opens up new opportunities for developers.