• 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 Enhances Crypto Trading with Tether Gold Listing

chest

Kraken has recently added Tether Gold to its trading menu, providing traders with enhanced options for commodity-backed assets within the crypto market.

user avatarMiguel Rodriguez

Chainlink Integrates Arbitrum Orbit to Enhance Layer 3 Messaging Security

chest

Chainlink has announced its integration with Arbitrum Orbit to enhance security in Layer 3 messaging using its Cross-Chain Interoperability Protocol.

user avatarArif Mukhtar

Aave V3 Launches on zkSync Era, Enhancing DeFi Lending

chest

Aave V3 has been launched on the zkSync Era, expanding DeFi lending capabilities within the ZK rollup environment.

user avatarLuis Flores

BNB Chain's Haber Upgrade Enhances Developer Experience

chest

The Haber upgrade on BNB Chain introduces technical improvements aimed at enhancing the developer and validator experience.

user avatarMaria Gutierrez

Coinbase Supports Render, Enhancing AI Compute Trading

chest

Coinbase's recent support for Render enhances liquidity and access for AI compute traders, increasing trading volume and market participation.

user avatarDavid Robinson

Fidelity Bitcoin ETF Sees Institutional Inflows Amid Market Volatility

chest

Fidelity's latest Bitcoin ETF inflow indicates continued institutional interest despite market fluctuations.

user avatarAndrew Smith

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.