Lumio plans to launch a Layer 2 solution on Solana that will eventually support “parallel EVM”

According to Accesswire, Lumio has announced the launch of its multi-virtual machine high-performance Layer 2 solution on Solana's public development network. This launch marks an important milestone for Lumio in the field of blockchain scalability, allowing developers to use any virtual machine to develop on any chain. The solution aims to address scalability challenges, particularly during network congestion, through faster transactions and lower latency. This is Lumio Chain Collective's second implementation after Optimism.