Chainlink Launches ‘Build on Solana’ Program to Boost Startup Growth
The post Chainlink Launches ‘Build on Solana’ Program to Boost Startup Growth appeared on BitcoinEthereumNews.com.
Chainlink and Solana team up to help Web3 projects grow with tools, mentorship, and exposure. Real-time data services and institutional use cases push Chainlink’s presence across both DeFi and banks. Chainlink has introduced a new program called “Build on Solana” to increase the adoption of the Solana blockchain. The initiative empowers Web3 startups with a clear path for growth through Chainlink’s technology and the processing power of the Solana blockchain. The program, initiated in collaboration with the Solana Foundation, can be joined by both new and existing projects. The shortlisted teams will be given technical help, mentorship, and enhanced exposure to the markets. Chainlink Labs’ vice president of revenue and partnerships, Sheth Sanket, said: With Build on Solana, we’re deepening our collaboration with the Solana ecosystem to support teams that are building the next generation of onchain applications. As per Sanket, Chainlink’s infrastructure and ecosystem, as well as Solana’s high-speed execution environment, will support the partnering developers. The initiative is part of an overall drive towards safer and more scalable blockchain apps. Data Feeds, Streams, and Integration Across Time The connection between Chainlink and Solana is not new. Chainlink’s Price Feeds were introduced on the Solana Devnet in August 2021, enabling developers building DeFi applications to access up-to-the-second market data. This set the stage for faster and more advanced protocols within Solana’s ecosystem. By June 2022, integration had transitioned to the Solana mainnet. Chainlink’s Price Feeds went live, providing developers with strong and secure data feeds directly into smart contracts. This added another level of performance for applications by providing reliable real-time finance information from combined-source exchange sources. In October 2024, another feature, Chainlink Data Streams, was released on the Solana mainnet. GMX_SOL first used this feature. Applications were then enabled to function more responsively through real-time data streaming, enhancing the performance of decentralized finance…
Filed under: News - @ May 18, 2025 7:27 pm