• 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

2 years 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

Kraken's Complex Regulatory Presence in the UK

chest

Kraken operates in the UK through multiple FCA-regulated entities, showcasing the intricate nature of crypto regulation.

user avatarTomas Novak

UK Moves Towards Comprehensive Crypto Regulation

chest

The UK is moving towards a more comprehensive crypto regulatory framework, with new applications expected by 2026.

user avatarEmily Carter

Marathon Digital Launches Bitcoin Mining Pilot Using Landfill Methane in Utah

chest

Marathon Digital has launched a small-scale Bitcoin mining pilot project in Utah, using landfill methane gas to generate electricity.

user avatarKaterina Papadopoulou

IBIT and MicroStrategy: Two Distinct Paths to Bitcoin Accumulation

chest

IBIT passively accumulates Bitcoin through ETF demand, while MicroStrategy actively raises capital to buy Bitcoin for its treasury.

user avatarMaya Lundqvist

Ten Cows Become First Livestock Collateral on Brazil's Stock Exchange

chest

Ten cows from Fazenda Engenho Velho in Brazil have become the first livestock collateral formally registered on the country's stock exchange, utilizing blockchain technology and AI-powered sensors.

user avatarLeo van der Veen

SP Dow Jones Indices and Pantera Capital Launch New Digital Asset Benchmark

chest

SP Dow Jones Indices and Pantera Capital have launched the SP Pantera Digital Asset Index (SPPDA), a new benchmark that tracks crypto networks through a fundamentals-focused lens.

user avatarLi Weicheng

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.