Sonic and Injective Collaborate to Launch First Cross-Chain Smart Agent Hub with Solana

Injective, a WASM-based L1 network, and Sonic, the premier gaming SVM on Solana, made the announcement today that they will collaborate to develop the first cross-chain AI Agent platform. This will include the integration of the Solana and Injective ecosystems via a cutting-edge Smart Agent Hub.

In order to establish a dedicated Solana Virtual Machine (SVM) grid, the partnership makes use of Sonics HyperGrid technology. This provides a novel architecture for the purpose of facilitating intuitive cross-chain connectivity between Solana and Injective. Through the use of the Inter-Blockchain Communication Protocol (IBC), the artificial intelligence agents that are built on the SVM will combine with the Injective ecosystem in a smooth manner.

In order to enable Smart Agent Hub, both teams will collaborate on the development of significant technological advancements. Some of the focal verticals that will be developed include the following:

• Injective SVM Grid: Through the use of Sonics HyperGrid infrastructure, Injective and Sonic will run a rollup that is based on Solana. This will allow for direct communication between the Injective WASM blockchain and Solana through the use of IBC.
• Cross-Chain Asset Interoperability:The smooth transfer of assets such as SOL and injective tokens will be made possible via an efficient bidirectional bridge that supports both wrapped (CW20) and native token formats.
• Unified Developer Experience: Developers on Injective have the ability to deploy apps based on Solana by using a single RPC endpoint, track transactions by means of an SVM Explorer, and access complete deployment documentation.

Developed with the intention of empowering developers to build, operate, and commercialize artificial intelligence agents within a decentralized ecosystem, the Smart Agent Hub is meant to offer comprehensive tools and frameworks. It offers up new economic prospects via fractional ownership and revenue sharing by allowing agent tokenization and co-ownership, which in turn brings up new economic opportunities.

Through the use of applications such as Sonic X, which is a TikTok Applayer created by the Sonic team, distribution methods and platforms will be made available in order to broaden the scope of AI agents reach and boost their level of awareness. Additionally, the hub is going to feature on-chain agent capabilities, which will make it possible to train and monetize agents across a variety of products, including Web3 games, DeFi apps, asset tokenization, and more.

Eric Chen, CEO of Injective Labs stated:

“This industry needs infrastructure that breaks down chain-specific barriers. Our joint effort with Sonic creates a foundation for developers to build applications that leverage the best of both Solana and Injective ecosystems. Together, were laying the groundwork for what we believe will be one of the most significant AI-driven innovations in all of Web3.”

Designed specifically for the development of the most advanced Web3 financial apps, Injective is a layer one blockchain that is both interoperable and lightning fast. Creating decentralized applications (dApps) that are unparalleled is made possible by Injectives strong plug-and-play modules. Injective and its fast expanding ecosystem are powered by the native asset known as INJ. Binance is the company that is acting as an incubator for Injective, and notable investors like as Jump Crypto, Pantera, and Mark Cuban are backing the project.

Chris Zhu, CEO of Sonic, added:

“This collaboration represents a significant milestone in cross-chain infrastructure. By combining Sonic‘s HyperGrid technology with Injective’s powerful WASM-based blockchain, we are creating unprecedented opportunities for developers to build applications that seamlessly operate across ecosystems. AI agent frameworks are just the beginning.”

The trading volume and user activity on Solana have increased at an exponential rate, which has been made possible by platforms such as pump.fun, which reduce the barriers to entry for creation and experimentation via their platform. On top of that, Virtuals Protocol on Base has verified that there is a need for such tools revolving around artificial intelligence agents. Pump.fun has generated more than $200 million in revenue, while Virtuals Protocol has seen more than $1 billion in trading volume. Both protocols are seeing a good deal of success.

Based on the data by CoinGecko, the total market capitalization of the AI Agent vertical, which includes $VIRTUAL itself, is now estimated to be $8.8 billion. The total market capitalization of the DeFi industry is now around $135 billion. The market cap of DePIN is $45 billion, NFT tokens is $42 billion, and the value of gaming is $32 billion. The team is of the opinion that the artificial intelligence agent vertical will eventually become competitive with each of them, and maybe even surpass them. They aim for their Smart Agent Hub to become the hub of activity on Solana.