what's Slonana?
Slonana is an emerging cryptocurrency project built on the Solana blockchain, developed by an independent contributor in the Solana ecosystem. It appears to be positioned within the memecoin or decentralized application space, focusing on innovative tools or tokens that leverage Solana's high-performance network for fast and scalable transactions. The project emphasizes community-driven development and aims to contribute to the broader Solana memecoin landscape, potentially integrating features like automated execution or agentic economies based on related developer activities. As a grassroots initiative, it relies on open-source contributions and real-time iteration to address ecosystem needs.
Slonana transitioned to closed source on December 29, 2025.
Transitioned to closed source on December 29, 2025.
User reports coordinated bot accounts engaging in reply spam mentioning the token alongside related projects ($svmai, $svmbank, $ovsm) in an apparent manipulation campaign.
Yandex (Russian Google) is hiring an experienced SVM developer to teach SVM tech stack development. The team claims they predicted this move and applied for the opportunity. (ID: 1997075858897404164)
Team member claims svmbank is coded by the project and references undisclosed connections. (ID: 1996492287455690893)
Team plans to add SVM functionality within the Slonana SVM implementation, creating nested SVM capabilities.
One developer builds the SVM implementation without millions in funding, starting from zero in mid-August 2025, aiming to be the most documented SVM implementation and better documented than Agave.
The project announces plans to become a privacy-focused SVM Layer 1 blockchain with built-in overlay network similar to I2P.
A holder took profits causing price decline, team member states situation is under control and plans to deploy more capital shortly.