Yona Network's Partnership with Neon EVM Brings EVM Compatibility to Bitcoin
CryptoNewsTerminal Staff25 Jul, 2024
Yona Network's Partnership with Neon EVM Brings EVM Compatibility to Bitcoin
Yona, a Solana Virtual Machine (SVM)-based Bitcoin Layer-2 network, has partnered with Neon EVM (NEON) to introduce EVM compatibility to the BTC network. This partnership will harness Neon EVM's capabilities to enhance the BTC network's throughput and facilitate the porting of EVM-based DeFi projects onto the BTC network. By integrating EVM compatibility, Yona and Neon EVM aim to expand the DeFi ecosystem on the BTC network, opening up new possibilities for developers and users. This collaboration represents a significant step towards enhancing the interoperability and utility of the BTC network.