December 2024

Sonic, the leading gaming SVM on Solana, and Injective, a WASM-based L1 network, today announced that they will team up to create the first cross-chain AI Agent platform, integrating the Solana and Injective ecosystems through an innovative Smart Agent Hub. The collaboration leverages Sonic's HyperGrid technology to establish a dedicated Solana Virtual Machine (SVM) grid, providing an innovative framework for intuitive cross-chain connectivity between Solana and Injective. The AI Agents built on the SVM will seamlessly integrate into the Injective ecosystem through the Inter-Blockchain Communication Protocol (IBC). Both teams will work together on developing key technical innovations that enable Smart Agent Hub - few focus verticals which include: Injective SVM Grid: Utilizing Sonic's HyperGrid infrastructure, Injective & Sonic will operate a Solana-based rollup, enabling direct communication between the Injective WASM blockchain and Solana via IBC. Cross-Chain Asset Interoperability: An optimized bidirectional bridge will facilitate the seamless transfer of assets such as SOL and Injective tokens, supporting both wrapped (CW20) and native token formats. Unified Developer Experience: Developers on Injective can deploy Solana-based applications using a single RPC endpoint, track transactions through an SVM Explorer, and access comprehensive deployment documentation. The Smart Agent Hub is designed to provide robust tooling and frameworks that empower developers to create, manage, and monetize AI agents in a decentralized ecosystem. By enabling agent tokenization and co-ownership, it opens new economic opportunities through fractional ownership and revenue sharing. Distribution mechanisms and platforms will be provided to increase reach and raise awareness of AI agents - utilizing apps like Sonic X, a TikTok Applayer developed by the Sonic team. The hub also is set to support on-chain agent capabilities, to enable training and monetization of agents across Web3 games, DeFi applications, asset tokenization and more. "This industry needs infrastructure that breaks down chain-specific barriers," said Eric Chen, CEO of Injective Labs. "Our joint effort with Sonic creates a foundation for developers to build applications that leverage the best of both Solana and Injective ecosystems. Together, we’re laying the groundwork for what we believe will be one of the most significant AI-driven innovations in all of Web3." 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." Solana has seen an exponential growth in trading volume and user activity, enabled by the likes of pump.fun - which lower the barrier for creation and experimentation. The demand for similar tooling around AI agents have been verified as well, by Virtuals Protocol on Base. Both protocols are seeing a fair share of success, with Pump.fun generating over $200 million in revenue, and Virtuals Protocol seeing over $1B in trading volume. The market cap of the AI Agent vertical, including $VIRTUAL itself, sits at $8.8B at the time of writing, according to CoinGecko. DeFi market cap is at $135B in aggregate. DePIN is at $45B, NFT tokens at $42B, and gaming is at $32B. The team believes that the AI agent vertical will rise to rival each of these, and perhaps even beyond - and aims for their Smart Agent Hub to be the center of activity on Solana. The integration will roll out in phases over coming months, with initial testnet deployment expected in Q1 2025. Both teams will work together on onboarding a variety of sectors onto the Smart Agent Hub - such as gaming, entertainment, DeFi and social platforms like TikTok and Web3 games. Developers interested in building cross-chain applications can follow for updates at https://www.sonic.game/ and https://injective.com/. About Sonic SVM Sonic is the first SVM chain to launch on Solana, for games and applications. It is powered by Sonic HyperGrid, a framework for orchestrating optimistic Solana rollups. Sonic is the home of SonicX, industry’s first Web3 TikTok App Layer - designed to onboard the next billion users. Website | Discord | Blog | Twitter About InjectiveInjective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.