• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

The Graph enhances decentralized applications ecosystem on Solana

user avatar

by Giorgi Kostiuk

a year ago

  1. Upgrades leveraging Substreams-powered subgraphs
  2. Boosting Solana’s web3 ecosystem
  3. Impact on web3 developers and analysts


    4. The Graph, a decentralized protocol for blockchain data indexing and access, has introduced key upgrades aimed at enhancing the decentralized applications ecosystem on Solana.

    Upgrades leveraging Substreams-powered subgraphs

    In The Graph’s ecosystem, substreams-powered subgraphs offer technology that enables faster indexing for decentralized applications. Benefits include a development environment where dapp developers can use coding tools both remotely and locally. Developers on Solana can also utilize this technology to sync projects quickly. Builders can access Solana blockchain data without needing to use substreams or the Rust programming language.

    Boosting Solana’s web3 ecosystem

    This means developers can get the best out of Solana’s network amid the web3 explosion, noted Nick Hansen, head of growth at The Graph Foundation. He highlighted features like high throughput, low fees, and a growing ecosystem of DeFi projects.

    The meteoric rise of developer and user activity on Solana has created a huge demand for open, decentralized data that is true to the values of web3. The Graph’s latest tooling upgrade and enhanced support will ensure the Solana community can get even more value out of web3’s decentralized data layer.Nick Hansen, head of growth at The Graph Foundation

    Impact on web3 developers and analysts

    Apart from Solana developers, data analysts and the broader web3 community are also likely to find the new tools crucial. The Graph, launched in 2018, has grown into one of the key blockchain projects in the web3 space. Developers have deployed dapps built with subgraphs on more than 70 blockchains, including Ethereum, Arbitrum, and Avalanche.

    The latest updates from The Graph continue to enhance the Solana ecosystem, providing developers and analysts with data and tools that meet the modern requirements of decentralized application development.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

New Editorial Standards Aim to Enhance Reporting Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in reporting.

user avatarJacob Williams

Solana's Open Interest and Funding Rate Plummet

chest

Solana's open interest has dropped below 5 billion, and the weighted funding rate has reached its lowest point in over a year, indicating a bearish market sentiment.

user avatarZainab Kamara

Global Oil Production Faces Major Disruptions Due to Strait of Hormuz Situation

chest

The ongoing crisis in the Strait of Hormuz has led to significant disruptions in global oil production, with Qatar halting LNG production, Saudi Arabia suspending output, and Iraq making substantial cuts.

user avatarAyman Ben Youssef

Shell Gasoline Prices Surge Amid Strait of Hormuz Crisis

chest

Shell gasoline prices are climbing rapidly due to the effective closure of the Strait of Hormuz, which has been impacted by US-Israeli strikes on Iran.

user avatarSon Min-ho

Hyperliquid Policy Center Supports CFTC's Regulatory Plans for Perpetual Derivatives

chest

The Hyperliquid Policy Center supports the CFTC's regulatory plans for crypto perpetual derivatives, aiming to shape clear rules for decentralized markets.

user avatarTando Nkube

CFTC Chair Mike Selig Announces Plans for Onshore Crypto Perpetual Futures

chest

CFTC Chair Mike Selig announces plans for a regulatory framework to allow crypto perpetual futures trading onshore in the US.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.