The Graph enhances decentralized applications ecosystem on Solana

by Giorgi Kostiuk

2 years ago

Made with AI

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

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.

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