Table of Contents
- The Brave-Solana Partnership
- Access A Host Of Solana dApps
- The Whale Migration
- Solana Price Recovering?
Brave Software has announced it is partnering with the Solana platform, allowing users to access top dApps on Solana directly on the browser.
The Brave browser has seen a significant increase in popularity with the growth of the Web 3.0 ecosystem.
The Brave-Solana Partnership
Brave Software has announced a partnership with the Solana blockchain platform, allowing users to access Solana dApps through the browser, which will now include added support for decentralized applications (dApps) on Solana. Users will be able to directly purchase, send, and store Solana support tokens through its wallet. The partnership was announced by the official Twitter handle of Brave Software on the 7th of February, 2023.
“@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.”
Speaking about the partnership, the Head of Partnerships at the Solana Foundation, Amelia Daly, stated,
“User experience can be very fragmented in crypto. The Brave DApp integration is important because it allows for seamless browser-based connections to your favorite Solana programs, and it is optimized for mobile. “
The Co-founder and CEO of Brave, Brendan Eich, stated,
“Brave is increasingly the browser of choice for the Web3 world, and with the addition of Solana DApp support on mobile, we’re expanding that reach to another key group that is seeking fast and friendly ways to use their crypto on the go.”
Access A Host Of Solana dApps
The team at Brave also stated that the partnership and integration with Solana will allow users of Brave to seamlessly access a host of top Solana dApps, and conduct DeFi and NFT-related transactions on both the mobile and web versions of the Brave browser. The list of dApps includes Orca, Magic Eden, Jupiter Exchange, and a host of others. Brave has over 50 million active monthly active users, and many believe the partnership could help the Solana ecosystem wipe out some of the losses incurred in 2022.
The Whale Migration
While Brave and Solana have announced their partnership, Solana whales have been busy, with millions worth of Solana on the move as part of a huge transaction between two unknown wallets. The transfers were first reported by Whale Alert, a blockchain tracking service, which reported that an unknown whale had transferred 7,981,517 SOL worth around $184,488,088 at the time. The massive transfer left the sender’s wallet nearly empty, with only around 0.02 SOL sitting in the wallet by the end of the transaction.
Solana Price Recovering?
Solana has historically been one of the top-performing cryptocurrencies, often touted as the Ethereum killer due to it competing directly with Ethereum. The SOL token is currently trading at $22.85, down just over 3.50%. The token had reached its all-time high price of $259 on the 6th of November and is currently down over 90% from that heady high. However, it still retains its position as one of the biggest assets in the crypto space.
Solana’s price has been impacted to a great extent thanks to frequent outages on its network and also the impact of the collapse of FTX, which had a significant impact on SOL and the larger crypto ecosystem. However, Solana founders Anatoly Yakovenko and Raj Gokal have stated despite the recent turmoil in the crypto space, Solana could post considerable growth in 2023. Meanwhile, Brave’s native Basic Attention Token (BAT) has seen a considerable rise over the past month and is currently trading at around $0.29.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.