- Brave Software has partnered with blockchain platform Solana to offer users access to top Solana dApps on the browser.
- The Brave browser is increasing in popularity in the Web 3.0 ecosystem.
- The price of Solana (SOL) has increased since the announcement.
On February 7th, 2023, the official Brave Software Twitter account revealed a partnership with the Solana (SOL) blockchain platform.
Brave disclosed that the open-source browser will now include added support for decentralized applications (dApps) on the Solana network.
.tweet-container,.twitter-tweet.twitter-tweet-rendered,blockquote.twitter-tweet{min-height:261px}.tweet-container{position:relative}blockquote.twitter-tweet{display:flex;max-width:550px;margin-top:10px;margin-bottom:10px}blockquote.twitter-tweet p{font:20px -apple-system,BlinkMacSystemFont,"Segoe UI",Helvetica,Arial,sans-serif}.tweet-container div:first-child{ position:absolute!Important }.tweet-container div:last-child{ position:relative!Important }
.@Solana DApp support is now available on Brave for iOS and Android! In addition to storing, sending, and buying SPL tokens in the wallet, you can now also connect and interact with apps like @MagicEden, @Orca_so, and @JupiterExchange, right in your browser app.— Brave Software (@brave) February 7, 2023
With more than 50 million active monthly Brave users, the integration of Solana into the Brave browser could propel the Solana ecosystem as it looks to regain its losses from 2022.
Solana Flying Closer to the Sun?
Solana has a history of being a top-performing digital currency and is considered one of the most renowned Ethereum killers.
As 2023 kicked off, Solana’s early performance was reportedly fueled by the rapid embrace of its meme coin, Bonk (BONK), which tripled in value eight days after its launch but has since decreased in value.
After the collapse of FTX, Solana has required a unique and positive fundamental to re-energize its ecosystem and increase the buying of SOL.
The Brave browser is increasing in popularity in the Web 3.0 ecosystem, and the addition of Solana dApp support can result in the expanded reach to communities “seeking fast and friendly ways to use their crypto on the go”, according to Brendan Eich, CEO and co-founder of Brave.
At the time of writing, the price of Solana (SOL) has increased 1.60% to $23.20 USD in the last 24 hours. A continued upward trajectory for the price of SOL would potentially represent anticipation and support from the community about the partnership.
On the Flipside
- Criticism about Solana being too centralized may effect the viability of any of the ecosystem’s ventures and partnerships in Web 3.0 circles.
- Despite having robust DeFi and NFT ecosystems, Solana has no known protocol upgrade scheduled in its roadmap, unlike its competitors like Cardano (ADA).
Why You Should Care
The successful integration of Solana into the Brave browser could be a demonstration of sustainable growth for the blockchain network. The consequent increase of convenience, privacy, and security could help propel the mainstream adoption of Web 3.0 services.
Read more about Solana (SOL) founders’ vision for the future of the ecosystem:
Solana (SOL) Founders Share “Optimistic” Vision for 2023
Read more about Solana’s bounce back after the FTX collapse:
Solana (SOL) Back to Pre-FTX levels, Cardano’s (ADA) Ecosystem set to Expand, Snowfall Protocol (SNW) Set to Revolutionize the Industry With Unique Bridging Protocol