MultiverseX, formerly known as Elrond, has launched Sovereign Chain, a feature that allows developers to create application-specific chains with full Layer 1 capabilities, while staying natively connected to other chains like Ethereum and Solana. They offer grants to developers for building on their platform and bridging various VMs (e.g., Solana VM, Ethereum VM). The network is seen as an underdog in terms of market valuation but is highly respected for its technical achievements. The upcoming months are expected to bring significant improvements in performance, scalability, and adoption. Website: multiversx.com Show Less