Alisa Davidson
Published: September 16, 2024 at 3:00 pm Updated: September 16, 2024 at 11:12 am
Edited and fact-checked:
September 16, 2024 at 3:00 pm
In Brief
The Graph upgraded its support for Solana, providing the builders with improved data tools and additional options for accessing indexed data.
Indexing protocol for organizing blockchain data, The Graph announced an upgrade to its support for the Solana network, enhancing its previous integration. This update provides the Solana developer community with improved data tools and additional options for accessing indexed Solana data.
“The meteoric rise of developer and user activity on Solana has created a huge demand for open, decentralized data that aligns with the values of Web3,” said Nick Hansen, Head of Growth at The Graph Foundation, in a written statement. “The Graph’s latest tooling upgrade and enhanced support will ensure the Solana community can get even more value out of Web3’s decentralized data layer,” he added.
The recent upgrades provide an improved development environment for Substreams-powered subgraphs (SpS) through the introduction of new code generation tools available for both remote and local use. Created by StreamingFast, a key engineering team within The Graph ecosystem, these tools facilitate the fast setup of end-to-end Substreams projects. This advancement offers unparalleled flexibility for Solana development. For developers experienced with Substreams, the updated tools allow for efficient and straightforward synchronization.
Developers can now begin building on Solana with The Graph even if they are not familiar with Substreams. The new tools enable them to access Solana data without needing to work directly with Substreams or Rust. This flexibility allows developers to utilize tools that align with their skills and project needs.
Additional improvements include Solana Substreams modules created by Top Ledger and StreamingFast, as well as various Substreams and Substreams-powered subgraphs developed by Messari. Developers will also have access to several pre-built Substreams-powered subgraphs, such as UNCX and Orca Whirlpool.
The Graph Enhances Support For Solana, Offering Reduced Costs And Improved Indexing Stack
Solana’s technology, known for its high transaction speed and low fees, has become a popular choice for many decentralized applications (dApps) and decentralized finance (DeFi) projects. As the Solana ecosystem expands, there is a growing need for effective data indexing and querying solutions.
The Graph‘s upgraded support for Solana provides developers with advanced tools for building dApps and analyzing on-chain data more effectively. This enhancement includes reduced costs, a more efficient data source, and an improved programmable indexing stack that is easier to use, faster in indexing, and offers a historical cache of Solana blocks that is 25% the size of a full block.
These enhancements align with The Graph’s commitment to supporting a multi-chain future and promoting interoperability within the Web3 ecosystem. The upgraded tools will be especially beneficial for developers working with Solana, data analysts handling Solana data, and the wider Web3 community seeking advanced data solutions.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
More articles
Conclusion:
Developments like The Graph’s enhanced support for Solana demonstrate the continuous evolution and growth of decentralized technologies. The improvements in indexing tools, reduced costs, and increased efficiency open up new possibilities for developers and analysts within the Web3 ecosystem. As blockchain ecosystems expand and diversify, the need for robust data solutions becomes increasingly crucial.
With the advancements in Solana support, developers can create innovative decentralized applications more efficiently, leveraging the benefits of high-speed transactions and low fees. This upgrade paves the way for a more interconnected and scalable Web3 landscape, fostering collaboration and innovation across different blockchain networks.
As the industry continues to push the boundaries of what is possible in decentralized finance and application development, staying informed about the latest updates and trends is essential. For more trending news articles in the DeFi and blockchain space, check out DeFi Daily News, your go-to source for cutting-edge information and insights.
