• 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.

Other news

Starknet Launches Bitcoin Staking: Key Details and Features

chest

Starknet has implemented Bitcoin staking, allowing holders to participate in DeFi and earn STRK token rewards.

user avatarGiorgi Kostiuk

Crypto Market in September: Important Events and Predictions

chest

In September, the crypto market anticipates significant events, including the Fed's decision, Altcoin Season rise, and new ETF launches.

user avatarGiorgi Kostiuk

Shark Wallets Added Nearly 1 Million BTC Since July 2024

chest

Since July 2024, Shark wallets have accumulated 1 million BTC, bringing total holdings to 5.939 million BTC. New players are entering the market.

user avatarGiorgi Kostiuk

Caution from EGRAG CRYPTO: The Altcoin Market is Not as Healthy as It Seems

chest

EGRAG CRYPTO warns traders not to fall for the illusions of an altcoin rally, highlighting both long-term and short-term data.

user avatarGiorgi Kostiuk

Asian Markets: Strong Indices in South Korea and Slowdown in China

chest

Asian markets show a mixed picture: South Korea reaches records while China's economy faces challenges.

user avatarGiorgi Kostiuk

MyGold Token: A New Approach to Gold Investment Supported by Real Gold Reserves

chest

Dubai-based Al Ras Capital International unveils MyGold Token with a presale on GemPad aiming to raise $300 million for financing.

user avatarGiorgi Kostiuk

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.