SOON SVM L2: How Solana's Execution Engine is Conquering Ethereum with 80,000 TPS
What happens when you take Solana's fastest execution engine and plant it on Ethereum's security foundation? SOON Network answered that question with a number that makes every EVM rollup look antiquated: 80,000 transactions per second. That's 40x faster than any EVM-based Layer 2 and 240x faster than Ethereum mainnet. The Solana Virtual Machine isn't just running on Solana anymore—it's coming for Ethereum's rollup ecosystem.
SOON (Solana Optimistic Network) represents something genuinely novel in blockchain architecture: the first major production rollup bringing Solana's parallel execution capabilities to Ethereum. After raising $22 million through an NFT sale and launching its mainnet, SOON is proving that the SVM vs EVM debate might end with "why not both?"
The Architecture: Decoupled SVM Explained
SOON's core innovation is what they call the "Decoupled SVM"—a reimagining of Solana's execution environment designed specifically for rollup deployments. Traditional approaches to bringing SVM to other chains involved forking the entire Solana validator, consensus mechanisms and all. SOON took a different path.
What Decoupled SVM Actually Does:
The team separated the Transaction Processing Unit (TPU) from Solana's consensus layer. This allows the TPU to be controlled directly by the rollup node for derivation purposes, without carrying the overhead of Solana's native consensus. Vote transactions—which are necessary for Solana's proof-of-stake but irrelevant for L2s—get eliminated entirely, reducing data availability costs.
The result is a modular architecture with three core components:
- SOON Mainnet: A general-purpose SVM L2 that settles on Ethereum, serving as the flagship implementation
- SOON Stack: An open-source rollup framework merging OP Stack with decoupled SVM, enabling SVM-based L2 deployment on any L1
- InterSOON: A cross-chain messaging protocol for seamless interoperability between SOON and other blockchain networks
This isn't just theoretical. SOON's public mainnet launched with 20+ ecosystem projects deployed, including native bridges for Ethereum and cross-chain connectivity to Solana and TON.
Firedancer Integration: The Performance Breakthrough
The 80,000 TPS figure isn't aspirational—it's tested. SOON achieved this milestone through early integration of Firedancer, Jump Trading's ground-up reimplementation of the Solana validator client.
Firedancer's Impact on SOON:
- Signature verification speeds increased 12x
- Account update throughput expanded from 15,000/second to 220,000/second
- Network bandwidth requirements reduced by 83%
According to SOON founder Joanna Zeng, "even with like the basic hardware, we were able to test out to like 80K TPS, which is already about 40 times any EVM L2 out there."
The timing matters. SOON implemented Firedancer ahead of its widespread deployment on Solana mainnet, positioning itself as an early adopter of the most significant performance upgrade in Solana's history. Once Firedancer stabilizes fully, SOON plans to integrate it across all SOON Stack deployments.
What This Means for Ethereum:
With Firedancer's release, SOON projects a 600,000 TPS capability for Ethereum—300x the throughput of current EVM rollups. The parallel execution model that makes Solana fast (Sealevel runtime) now operates within Ethereum's security perimeter.
The SVM Rollup Landscape: SOON vs Eclipse vs Neon
SOON isn't alone in the SVM-on-Ethereum space. Understanding the competitive landscape reveals different approaches to the same fundamental insight: SVM's parallel execution outperforms EVM's sequential model.
| Aspect | SOON | Eclipse | Neon |
|---|---|---|---|
| Architecture | OP Stack + Decoupled SVM | SVM + Celestia DA + RISC Zero proofs | EVM-to-SVM translation layer |
| Focus | Multi-L1 deployment via SOON Stack | Ethereum L2 with Celestia DA | EVM dApp compatibility on SVM chains |
| Performance | 80,000 TPS (Firedancer) | ~2,400 TPS | Native Solana speeds |
| Funding | $22M (NFT sale) | $65M | Production since 2023 |
| Token Model | Fair launch, no VC | $ES as gas token | NEON token |
Eclipse launched its public mainnet in November 2024 with $65 million in VC backing. It uses Ethereum for settlement, SVM for execution, Celestia for data availability, and RISC Zero for fraud proofs. Transaction costs run as low as $0.0002.
Neon EVM took a different approach—rather than building an L2, Neon provides an EVM compatibility layer for SVM chains. Eclipse integrated Neon Stack to enable EVM dApps (written in Solidity or Vyper) to run on SVM infrastructure, breaking the EVM-SVM compatibility barrier.
SOON's Differentiation:
SOON emphasizes its fair launch token model (no VC involvement in initial distribution) and its SOON Stack as a framework for deploying SVM L2s on any L1—not just Ethereum. This positions SOON as infrastructure for the broader multi-chain future rather than a single Ethereum L2 play.
Tokenomics and Community Distribution
SOON's token distribution reflects its community-first positioning:
| Allocation | Percentage | Amount |
|---|---|---|
| Community | 51% | 510 million |
| Ecosystem | 25% | 250 million |
| Team/Co-builders | 10% | 100 million |
| Foundation/Treasury | 6% | 60 million |
The total supply is 1 billion $SOON tokens. Community allocation includes airdrops for early adopters and liquidity provision for exchanges. The ecosystem portion funds grants and performance-based incentives for builders.
$SOON serves multiple functions within the ecosystem:
- Governance: Token holders vote on protocol upgrades, treasury management, and ecosystem development
- Utility: Powers all activities across SOON ecosystem dApps
- Incentives: Rewards builders and ecosystem contributors
The absence of VC token allocations at launch distinguishes SOON from most L2 projects, though the long-term implications of this model remain to be seen.
The Multi-Chain Strategy: Beyond Ethereum
SOON's ambition extends beyond being "another Ethereum L2." The SOON Stack is designed to deploy SVM-based rollups on any supporting Layer 1, creating what the team calls the "Super Adoption Stack."
Current Deployments:
- SOON ETH Mainnet (Ethereum)
- svmBNB Mainnet (BNB Chain)
- InterSOON bridges to Solana and TON
Future Roadmap:
SOON has announced plans to incorporate Zero Knowledge Proofs to address the optimistic rollup challenge period. Currently, like other optimistic rollups, SOON requires a one-week challenge period for fraud proofs. ZK proofs would enable instant verification, eliminating this delay.
This multi-chain approach bets on a future where SVM execution becomes a commodity deployable anywhere—Ethereum, BNB Chain, or chains that don't exist yet.
Why SVM on Ethereum Makes Sense
The fundamental case for SVM rollups rests on a simple observation: Solana's parallel execution model (Sealevel) processes transactions simultaneously across multiple cores, while EVM processes them sequentially. When you're running thousands of independent transactions, parallelism wins.
The Numbers:
- Daily Solana transactions: 200 million (2024), projected 4+ billion by 2026
- Current EVM L2 throughput: ~2,000 TPS maximum
- SOON with Firedancer: 80,000 TPS tested
But Ethereum offers something Solana doesn't: established security guarantees and the largest DeFi ecosystem. SOON isn't trying to replace either chain—it's combining Ethereum's security with Solana's execution.
For DeFi applications requiring high transaction throughput (perpetuals, options, high-frequency trading), the performance gap matters. A DEX on SOON can process 40x more trades than the same DEX on an EVM rollup, at similar or lower costs.
What Could Go Wrong
Complexity Risk: The Decoupled SVM introduces new attack surfaces. Separating consensus from execution requires careful security engineering. Any bugs in the decoupling layer could have consequences different from standard Solana or Ethereum vulnerabilities.
Ecosystem Fragmentation: Developers must choose between EVM tooling (more mature, larger community) and SVM tooling (faster execution, smaller ecosystem). SOON bets that performance advantages will drive migration, but developer inertia is real.
Firedancer Dependencies: SOON's roadmap depends on Firedancer stability. While early integration provides competitive advantage, it also means bearing the risk of a new, less battle-tested client implementation.
Competition: Eclipse has more funding and VC backing. Other SVM projects (Sonic SVM, various Solana L2s) compete for the same developer attention. The SVM rollup space may face similar consolidation pressures as EVM L2s.
The Bigger Picture: Execution Layer Convergence
SOON represents a broader trend in blockchain architecture: execution environments becoming portable across settlement layers. The EVM dominated smart contract development for years, but SVM's parallel execution demonstrates that alternative architectures offer genuine performance advantages.
If SVM rollups prove successful on Ethereum, the implications extend beyond any single project:
- Developers gain options: Choose EVM for compatibility or SVM for performance, deploying on the same Ethereum security layer
- Performance ceiling rises: 80,000 TPS today, potentially 600,000+ TPS with full Firedancer integration
- Chain wars become less relevant: When execution engines are portable, the question shifts from "which chain?" to "which execution environment for this use case?"
SOON isn't just building a faster L2—it's betting that blockchain's future involves mixing and matching execution environments with settlement layers. Ethereum security with Solana speed isn't a contradiction anymore; it's an architecture.
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