Can applications running on Solaris SPARC machine run on Solaris VM?

• What applications can run on the below Oracle VM m/c:

{ 901 } cat /etc/release
Oracle Solaris 10 1/13 s10x_u11wos_24a X86
Copyright (c) 1983, 2013, Oracle and/or its affiliates. All rights reserved.
Assembled 17 January 2013
{ 902 } uname -a
SunOS <servername> 5.10 Generic_147148-26 i86pc i386 i86pc

• E.g. could the applications running on the below SPARC Solaris m/c run on the above Solaris VM? 

{ 917 } uname -a
SunOS <servername> 5.10 Generic_139555-08 sun4u sparc SUNW,SPARC-Enterprise
{ 918 } cat /etc/release
Solaris 10 5/09 s10s_u7wos_08 SPARC
Copyright 2009 Sun Microsystems, Inc. All Rights Reserved.
Use is subject to license terms.
Assembled 30 March 2009

If not,