As the adoption of cryptocurrencies such as Solana continues to grow, it has become the responsibility of the service provider to make the use of crypto as transparent and efficient as possible. At the latest news, Brave and Solana have partnered to push the adoption of cryptography while making use efficient.
Brave advertised via a Twitter feed on February 7, revealing that the browser has now added SOL support from Apss following its partnership with the network. Brave will enable a wallet for sending, receiving, storing, and purchasing SOL-based tokens on the browser.
Brave’s New Update to Boost Crypto Adoption
The goal behind the collaboration to enable dApp support appears to be more of a push for adoption than an update. Brave CEO and Co-Founder Branden Eich said, “With the addition of Solana dApp support on mobile, we’re extending that reach to another key group looking for fast, user-friendly ways to use their crypto on the go.”
Head of Partnerships at Solana Foundation, Amelia Daly released a statement saying, “User experience can be very fragmented in crypto. The Brave dApp integration is important because it enables seamless browser-based connections to your favorite Solana programs, and it’s optimized for mobile.
Brave is a fully-featured mobile browser that can explore and connect to DApps. The new feature supported by dApp is suggested to further assert its place in the web3 ecosystem.
Solana becomes more attractive
Although the network has always aimed for adoption, the network and the native SOL token have so far become attractive to large investors. According to the latest reports, whales are currently active on Solana as millions of SOL tokens have been seen on the move.
WhaleAlerts, an on-chain transaction monitoring platform, recently reported a transfer of 7,981,517 SOL worth $184,488,088 on unknown wallets.
So far, Solana has shown a level of maturity after bouncing back from the The FTX Saga lived at the end of last year. Since the start of the year, Solana has recorded uptrends reaching almost 70% in the last 30 days.
Notably, SOL has climbed several higher highs to reach its current market price, however, it is still down 90% from its all-time high of $259 seen in November 2021. Meanwhile, at the time of writing , SOL is up 2% since the announcement of the Brave update.
SOL is currently trading at a price of $23.72 after consolidating since the start of the week. SOL again ranks 12th on the list of biggest crypto by market capitalization, with a 24-hour trading volume of $699 million.
Featured image from Blockchain Reporter, chart from TradingView
