TL;DR
- Idea: A multi-VM Layer 2 on Ethereum enabling EVM, WASM, and SVM smart contracts to interoperate seamlessly in a unified execution environment
- Catalyst: Mainnet launch and token issuance with $50M day-one liquidity on April 24, 2026
- Risks: Very early stage with limited on-chain activity, faces strong Layer 2 competition, and token volatility risk from low liquidity and vesting unlocks
- Score: 8.00/ 10
Coin
- Name/ Ticker: Fluent Network (BLEND)
- Segment: Layer 2
- Status: active
- Price: $0.120600
Key Metrics
- Market Cap: $120 075 057
- FDV: $119 361 056
- Circulating Supply: 995 000 000
- Total Supply: 1 000 000 000
- Inflation: 0.00%
Sources
Technology
- USP: Blended execution combining EVM, Wasm, and SVM in one Layer 2 zkVM
- Core Technology: zkVM-based rollup with rWasm execution model, gblend CLI for hybrid Solidity/Rust development
Roadmap
- 2022-01-01: Project founded and whitepaper published
- 2025-02-19: Seed funding led by Polychain Capital
- 2025-07-18: Testnet Round funding
- 2026-04-24: Mainnet launch and BLEND token issuance
Team & Investors
Team
- CTO & Co-Founder — Dmitry Savonin: 10 years of blockchain development and infrastructure engineering
- Co-Founder — Dino Eggs: Expertise in protocol design and multi-VM system architecture
- Director of Operations — Medas Girdzius: Operational leadership and ecosystem growth for blockchain networks
- Software Engineer — Scott Canning: L2 development and developer tooling integration
Investors
- Polychain Capital — Seed Extension • 2025-02-19 • $8.00M
- echo.xyz — Testnet Round • 2025-07-18 • $2.20M
- Primitive Ventures — Seed Extension • 2025-02-19
- dao5 — Seed Extension • 2025-02-19
- Symbolic Capital — Seed Extension • 2025-02-19
- Builder Capital — Seed Extension • 2025-02-19
- Nomad Capital — Seed Extension • 2025-02-19
- Public Works — Seed Extension • 2025-02-19
Total funding: $10.20M
Tokenomics
- Utility: Coordination token for staking, ecosystem incentives, signaling, and application-level fee flows
- Vesting: Team and investors subject to 1-year cliff followed by 24-month linear vesting; ecosystem growth vested over 36 months
- Next Unlock: 2026-05-24 (11.00% of circulating)
Pros & Cons
Strengths
- Blended multi-VM execution
- Ethereum security guarantees
- Zero-knowledge VM integration
- Strong developer tooling with gblend and Fluentbase SDK
- Backed by top VCs including Polychain Capital
Weaknesses
- Early stage with nascent ecosystem
- High Layer 2 competition (Arbitrum, Optimism, zkSync)
- Limited initial liquidity and trading depth
- Token price volatility from vesting schedules
- Dependency on developer adoption for demand
Market Signals (7d)
- CEX volume trend: increasing
Price Scenarios (target: 2026-10-25)
- Bear: $0.080000 — Based on the last 7-day low price level
- Base: $0.120000 — Assumed range-bound around current price level
- Bull: $0.200000 — Assuming 50% market cap growth with improved adoption
How to Buy & Store
CEX
- Kraken
- MEXC
- BingX
- KuCoin
- Bitget
DEX
- Uniswap V3 (Ethereum)
- Matcha (Ethereum)
- BingX DEX
- Kraken Convert
- MEXC Convert
Storage
- MetaMask
- Ledger
- Trezor
- WalletConnect
- Trust Wallet
Verdict
Fluent Network’s novel blended execution L2 offers a unique solution to Web3 fragmentation and strong institutional backing, making it a compelling but early-stage play whose success hinges on developer adoption and ecosystem growth.
Official Links
Source: Coin Research (internal)
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