The Brave Browser expands to Solana in a new joint integration that was announced today and will see the privacy browser adding support for Solana wallets early next year so let’s read more in our latest cryptocurrency news today.
The privacy-centric crypto Brave browser expands to Solana according to the latest announcement, the crypto network behind the now-fourth biggest crypto by market cap. Brendan Eich the CEO of Brave said:
“With more and more users and creators requiring tools for fast and affordable access to the decentralized Web, this integration will seamlessly pave the way for the next billion crypto users to harness applications and tokens.”
Brave is turning to Solana because of its crypto network high speeds and low costs and unlike other smart contracts blockchains like Ethereum, the simple transactions on Solana cost about $0.00005 SOL or $0.001 according to Solana Beach. The low fees could make interacting with crypto especially in the next billion crypto users project according to Eich. The move could prove to be quite beneficial for the entire Solana ecosystem since Brave now boasts 42 million active users per month. Once the integration is complete in the first half of 2022 with millions of Brave users will get exposed to a variety of a new Solana decentralized app or dapp. Anatoly Yakovenko who is the CEO of Solana Labs noted:
“Deep integration with browsers is key to helping dapps build the best web experiences. Brave’s announcement of Solana wallet support across all versions of their browsers is an important step to onboard the next billion users to Solana.”
According to the data pulled from App Figures, Brave is now the third-most downloaded internet browser right after Google’s Chrome and Opera with Brave being created using the same free and open-source codebase as Chrome. The announcement was quite bullish for the Basic Attention Token as well since it increased by more than 19% in one day. Solana’s native SOL in the meantime is down a little or 1.3% after hitting a record $260 price per coin over the weekend. Solana had a huge breakout this year and the cryptocurrency started trading for $2 at the start of the year but now increased to $249.
The booming NFT collectibles space and the growth of Defi products have been the main drivers behind the success of the network. Last month, the total value locked on Defi projects built on Solana hit a record high of $12.7 billion with projects like Serum, Raydium, and Marinade Finance leading the way.
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