Lora Finance to move v2 from MegaETH to Solana as SOL trades near $77 and tests $80
AI Market Summary
Lora Finance's decision to move its v2 launch from MegaETH to Solana reinforces Solana's positioning as a high-throughput DeFi venue, citing superior speed, liquidity depth, and asset access. The shift is a direct loss of planned DeFi deployment for MegaETH and supports Solana's ecosystem competitiveness. With SOL up strongly on the week alongside rising active addresses and TPS, the news may strengthen near-term narrative support for Solana-based activity.
Impact level
● Medium
Affected assets
SOL/USDT+3.63%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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Lora Finance said it will migrate its v2 launch from MegaETH to Solana, citing higher network speed, deeper liquidity, and broader access to assets. The move removes a planned DeFi deployment from MegaETH while shifting the protocol’s next rollout onto Solana. SOL was trading around $77 after a 16% weekly gain and was nearing the $80 resistance level, while active addresses were close to 7 million and TPS approached 1,100. The token remained about 74% below its all-time high.
