Tiger Research releases analytical report on Fluent: “Single-chain combination of VM apps”

Bloomingbit Newsroom

Summary

Tiger Research said Fluent provides “Blended Execution” technology that combines and runs VM apps for different environments on a single chain.
The report said Fluent is expanding its ecosystem by building in-house services such as Prints and the Blended Builders Club (BBC).
Research chief Yoon Seung-sik said it is still in an early stage, but the cross-VM app composability technology is already working in practice and warrants close attention going forward.

Tiger Research, a Web3-focused research firm, said on the 19th that it has released an analytical report on the Layer 2 blockchain “Fluent.”

The report analyzes that competition in blockchain infrastructure is shifting from performance to composability. Previously, composability between apps worked only within a single virtual machine (VM). Ethereum apps could not be used on Solana, and Solana apps were likewise useless on Ethereum. Fluent removes this fragmentation between VMs, the report explained.

Fluent runs apps built for different VMs on a single chain through “Blended Execution.” An app built on Ethereum can directly call functions of an app built on Solana. It is executed within a single transaction without an intermediate bridge. It is currently running on testnet, and Solana VM support is in the optimization stage.

According to the report, rather than waiting for a killer app to emerge organically, Fluent is building services itself. Its in-house service “Prints” is a reputation aggregator that collects and displays reputation scores scattered across multiple platforms in one place. The idea is that while a single metric can be gamed, it is difficult to game several at the same time. Builders can use reputation data to find the users they want and distribute benefits directly.

At the same time, it has also moved to build the ecosystem through its own accelerator program, the “Blended Builders Club (BBC).” Five teams—social trading, automated yield optimization, prediction markets, on-chain credit, and others—were selected as the first cohort. The report assessed that, unlike most chains, Fluent operates its testnet for the purpose of collecting real feedback rather than airdrop farming, creating an environment in which builders can improve their products.

Yoon Seung-sik, head of research at Tiger Research and the report’s author, said, “Fluent is designing the chain, services, and ecosystem as a single structure,” adding, “It is still at an early stage and challenges remain, including Solana VM integration and building Prints’ proprietary reputation signals, but it merits attention in that the technology to combine apps across different VMs is actually working.”