As the adoption of cryptocurrencies such as Solana continues to grow, it has become the responsibility of service providers to make crypto usage smooth and efficient. In the latest news, Brave and Solana has joined hands to drive crypto adoption while making its use efficient.
Dare to announce through a Twitter thread on Feb 7, disclosing that the browser has now added support for SOL dApss after a partnership with the network. Wani will enable wallets to send, receive, store, and buy SOL-based tokens in the browser.
Bold New Updates To Boost Crypto Adoption
The goal behind the collaboration to enable dApp support seems to be more to drive adoption than updates. CEO and co-founder of Brave, Branden Eich said, “with the addition of Solana dApp support on mobile, we are expanding our reach to another key group looking for a fast and friendly way to use crypto on the go.”
The head of the partnership Solana Foundation, Amelia Daly made a statement saying, “the user experience can be very fragmented in crypto. Brave dApp integration is important because it allows a smooth browser-based connection to your favorite Solana program, and is optimized for mobile.
Brave is a full-featured mobile browser that lets you explore and connect to DApps. New dApp-powered features are suggested to further assert their place in the web3 ecosystem.
Solana Becomes More Attractive
While the network is always aiming for adoption, both the network and the native token SOL have so far been attractive to large investors. According to the latest reports, whales are currently active in Solana as millions of SOL tokens have been seen on the move.
WhaleAlerts, an on-chain transaction monitoring platform, recently launched reported transfer of 7,981,517 SOL worth $184,488,088 right wallet unknown.
So far, Solana has shown a level of maturity after bouncing back from FTX saga experienced late last year. Since the beginning of the year, Solana has recorded a bullish trend that has risen almost 70% in the past 30 days.
Notably, SOL has climbed several levels higher to reach the current market price, but is still down 90% when compared to the high of $259 seen in November 2021. Meanwhile, at the time of writing, SOL is up. 2% since Wani’s update announcement.
SOL is currently trading at $23.72 after consolidating since the beginning of the week. SOL still rank 12 in the largest crypto list by market capitalization, with a 24-hour trading volume of $699 million.
Featured images from Blockchain Reporter, Charts from TradingView