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Solana VM ($SVM) claims to be the world’s first EVM-compatible Layer-2 for Solana, enabling users to deploy Ethereum dApps on the Solana blockchain with as few code changes as possible. It’s currently in its presale stage, and you can buy it through the official website.
But you still need to learn how to buy Solana VM if you aim to buy it in the future, and we’re here to explain how that works. Moreover, we’ll tell you everything you need to know about this project, whether it’s worth it, and where we think the price will go.
Key Takeaways on Solana VM
- Solana VM is the first EVM-compatible L2 for Solana that wants to enable developers to deploy their Ethereum dApps to the Solana network seamlessly and with minimal coding.
- The project’s $SVM utility token is designed to enable payments within the Solana Virtual Machine ecosystem, while Solana VM operators will receive $SVM from the fees users pay.
- Solana VM facilitates staking. Once you buy $SVM tokens, you can stake any amount for potential yields of up to 80–100%, subject to market conditions. Users have already staked over 210 million tokens, while the presale aims to award 1.2 billion $SVM.
- Why we don’t recommend Solana VM: The project seems to follow the typical promotional tactics of many presale scams. It has been in presale for a year without a clear indication of when it will end. On top of that, the whitepaper is too simple compared to genuine crypto projects.
What Is Solana VM?
Solana VM is a novel crypto project and cryptocurrency that wants to be the first EVM-compatible L2 for the Solana network. In other words, it will let users deploy Ethereum dApps on the Solana network without too much hassle over code changes.
It operates as a smart contract hosted on the Solana blockchain and functions as an Ethereum Virtual Machine, enabling it to accept Solana transactions that have wrapped Ethereum-based transactions.
The transactions work based on Ethereum rules but are processed on the Solana network, the goal being to enable the operation of Ethereum-based apps and use the higher performance efficiencies of the Solana network.
The Solana VM token will power the project, which is still in the presale phase. You can only buy the token on the official site during the presale, but the plan is to list it on various DEXs in the future. As of recently, you can also stake the token.
Why We Don’t Recommend Solana VM
Solana VM’s website is pretty comprehensive and detailed, and it boasts a decent following on Telegram and X. Plus, it is proudly listed on DappRadar. However, there are a couple of red flags related to the project and the underlying token.
First, it has below-average PR performance and community engagement. The team behind the project is anonymous, and the whitepaper is not complex enough when you compare it to similar yet reputable projects.
The presale has been going on since May 2024, while the project has had an online presence since April 2024, but the presale only raised around $4.9 million by early March 2025.
The presale is separated into rounds like most others in crypto, but there’s no info on dates or token prices for each one. The price does seem to rise with each round, but we have no way of knowing how high it will go nor when the presale will end.
How to Invest in Solana VM
If you’re interested in buying Solana VM because you still believe there’s a good chance it will succeed, here’s how that works in a few simple steps.
1. Set Up a Crypto Wallet
The first step is to set up a crypto wallet. Solana VM supports various crypto wallets (Ethereum and Solana-based ones), and the WalletConnect feature lets you connect multiple other wallets.
You can do that with Best Wallet, which supports over 60 networks and lets you store, buy, send, deposit, sell, swap, and even stake tokens.
It’s found on both the Google Play and App Store, and you only need to download and install it like any other app. Once you register, you can set up the necessary safety measures to secure your tokens.
2. Buy Crypto for Purchasing $SVM
The Solana VM presale accepts $ETH, $SOL, $BSC, $MATIC, and $TRX, among others. You can purchase any of these with fiat on Best Wallet, which integrates with Onramper to offer reasonable exchange rates and low processing fees.
Once you initiate a purchase on Best Wallet, you’ll need to wait for the crypto network to process the payment, after which your crypto assets will appear in the account.
3. Connect the Wallet to the Solana VM Presale
Visit the official Solana VM website and click on Connect EVM wallet first. You’ll see a few listed Solana and Ethereum-based wallets, but you can also use WalletConnect to connect many other wallets, including Best Wallet.
Alternatively, the brand offers the chance to send $ETH, $USDT, $SHIB, and $USDC payments directly to the address on the site, which gives you the option to send a payment from effectively any crypto wallet as long as you hold one of these coins.
4. Buy $SVM
With the wallet connected, you only need to choose the chain and crypto you’ll use to make the payment and enter the amount. The system will show how many $SVM tokens you’ll receive in return, so you only need to review everything and make the payment.
You’ll be redirected to your wallet, where you can confirm the payment. Bear in mind that the tokens will not be transferred to your wallet as they are still in the presale phase. Solana VM will send the tokens on the date of the Token Generation Event (TGE).
Is Solana VM a Good Investment?
Despite the various red flags and issues, Solana VM has been a mild success among investors. It raised around $4.9 million by March 2025, and it does offer some advantages that the whitepaper and other documentation on the official site cover.
There are plenty of other opportunities, like the several excellent crypto presales you’ve seen on 99Bitcoins. However, it’s still worthwhile to cover the advantages this project offers.
Chance to Deploy Ethereum dApps on Solana
The project aims to enable developers to deploy Ethereum dApps on the Solana blockchain without substantially modifying Ethereum smart contracts. Solana VM will essentially function like a bridge between Ethereum dApps and the Solana ecosystem.
Potentially High Staking Yields
Staking on Solana VM has been possible for a while now, but the rewards will be handed out at the Token Generation Event. Unfortunately, it’s unclear when that will happen. The project still promises high yields of 80%-100 %, and users can stake any amount they want.
At the time of writing in early March 2025, over 220 million $SVM tokens have already been staked.
Promise of Very High TPS and Low Transaction Fees
Solana VM promises to offer very high TPS (Transactions Per Second) of up to 5,000, magnitudes higher than Ethereum’s 100 and much higher than Solana’s 1500. The transaction waiting times are intended to be minimal, likely only a few seconds or minutes at peak times.
Average transaction fees will also be relatively low, up to $0.01 at the most, pretty much the same as Solana, which is known for incredibly cheap transactions.
Solana VM Price Prediction
Even though there’s no way of knowing the token’s value in the future, it’s possible to make some educated guesses that would offer investors a better overview of where the project could go.
Solana VM Price Prediction 2025
The current roadmap of the project, as seen in the image below, doesn’t make clear when the presale will end. On top of that, there’s no information on the token price in the following presale rounds, nor how many rounds there will be.
In early March 2025, which should be around the end of the outlined Step 4 of the roadmap, the presale was still on, and the price of the $SVM token was $0.07882, while the next round displayed a $0.07961 price for an increase of around 1%.
If the presale ends in the middle of 2025, it could be a part of the current bull run, so it might be adopted by investors looking for the next token to go to the moon. If the project launches soon or during the second or third quarter of 2025, it will likely sit at around $0.08 or $0.09.
The uncertainties surrounding the project might be problematic. Still, due to its unique and interesting offerings, the bull run leading the crypto market, and the US government’s favorable views of the industry, we predict the price to rise around 30% to as much as $0.11.
Solana VM Price Prediction 2026
With the slow advance of the Solana VM project and the presale that’s been going on for almost a year, there’s still a chance that the token won’t launch soon. In other words, that might even be postponed to 2026, at which point the initial hype might pass.
If the project delivers on its promises, it might find various early adopters among the developer and investor community.
The former will want to utilize its capabilities to deploy Ethereum dApps to the Solana network, while the latter might want to use the high yields the staking feature promises. Still, we don’t think the massive 100% yields promised at the moment can stick once the token launches.
With all that in mind, we project the $SVM token price to reach $0.16 by the end of the year.
Solana VM Price Forecast 2030
Solana VM could experience decent growth by 2030 if it delivers on its promises and attracts enough users in the first year of its launch. Its utility is somewhat similar to Neon EVM, a project that started in 2023.
Since then, its underlying cryptocurrency, NEON, rose sharply in value in late 2023 and early 2024 to reach highs of around $3.4 but has since dropped to around $0.15.
Solana VM might follow the same path. However, the timeframe we’re discussing here is much longer, so its chances of finding success will be better. Considering all of this, we believe the price of $SVN won’t exceed $0.20 in 2030.
Is Solana VM a Buy?
Despite my belief that the price of the Solana VM will rise, it will still trail significantly below the industry standards. Due to this, we don’t think it’s worth your money, especially since the price is already too high for a presale token.
It’s much better to consider other cryptocurrencies and projects in the presale or early stages, like the ones we’ll cover below.
Alternative Presale Investments to Solana VM
There are many better alternative crypto presales to Solana VM for potential investors, and we cover the two most interesting ones below.
Bitcoin Hyper (HYPER)
Bitcoin Hyper stands out in today’s meme coin market thanks to its focus on the Solana Virtual Machine, which gives it the technical edge to support smart contracts and decentralized applications. This makes it one of the most promising projects to invest in right now, especially as it aims to bring real utility to the traditional Bitcoin network.
While Bitcoin has long been seen as just a store of value, Bitcoin Hyper wants to push past that by expanding its capabilities. Its L2 scaling solution enhances transaction speeds and reduces congestion, helping Bitcoin evolve into something more dynamic. The canonical bridge plays a key role too, enabling seamless interaction between the Bitcoin network and Bitcoin Hyper’s own infrastructure.
Despite its deep tech, the project doesn’t shy away from its meme coin roots. The branding is bold and superhero-inspired, giving it a fun, marketable edge. With more than $3.4 million already raised in its presale, Bitcoin Hyper has proven that investors are taking both its tech and memes seriously.
Visit Bitcoin HyperBest Wallet Token ($BEST)
Best Wallet is raising funds through its own token called $BEST, designed to align with the popular crypto wallet and offer perks like transaction discounts, early access to presales, and even improved staking rewards on various tokens.
The total supply will be limited to 10 billion, but the good news is that 1 billion will go to airdrops, 700 million to community rewards, and 800 million to staking rewards. The presale is ongoing, and it has managed to raise over $10.8 million at the time of writing.
Visit Best Wallet TokenReferences
- Solana VM (Solana VM)
- Solana VM account (X)
- Solana VM ($SVM) (Coinlaunch)
- Solana VM (IcoDrops)
FAQs
Where can I buy $SVM?
Since the token is in the presale stage, you can only purchase it from the official Solana VM website. You need to connect your crypto wallet to the site and buy a desired amount of $SVM tokens with one of the supported cryptocurrencies.
Can I mine Solana VM?
The token is only available for purchase through the presale; it cannot be mined because it’s built on the Solana network. This blockchain uses the Proof-of-Stake consensus mechanism, which relies on validators who stake their coins, not on miners.
How much does the $SVM token cost?
In early March 2025, or at the time of writing, the $SVM token was worth $0.07882, the price set for the current presale round. It is set to rise by roughly 1% to $0.07961 for the next round.
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