- Brave Software partners with the blockchain platform Solana to provide users with access to top Solana DApps on the browser.
- In the meantime, Solana whales have been moving millions.
- Since the announcement, the price of Solana has increased.
As the use of cryptocurrencies such as Solana continues to grow, it is now the responsibility of various service providers to make crypto usage as seamless and efficient as possible. Brave and Solana have joined forces in the most recent development to promote the adoption of cryptocurrencies and improve their usability.
Brave revealed via a Twitter thread on February 7 that the browser now supports SOL dApps due to its partnership with the network. The Brave web browser will support a wallet for sending, receiving, storing, and purchasing SOL-based tokens.
The New Brave Update will Increase Crypto Adoption
The objective of the collaboration to enable dApp support is more of an adoption push than an update. Branden Eich, CEO and co-founder of Brave, stated, “Brave is increasingly the browser of choice for the web3 world, and with the addition of Solana dApp support on mobile, we are expanding our reach to another key group seeking fast and friendly ways to use their crypto on the go.”
Amelia Daly, head of partnerships at Solana Foundation, stated, “User experience in crypto can be highly fragmented. The Brave dApp integration is important because it enables seamless browser-based connections to your favorite Solana applications and is mobile-optimized.”
Brave is a fully-featured mobile browser that can explore and connect to decentralized applications (DApps). The new dApp-supported feature will further solidify the web3 ecosystem’s position.
Solana Grows More Appealing
While the network has always sought adoption, the web, and native token, SOL has become more attractive to institutional investors. Recent reports indicate that whales are currently active on Solana, as millions of SOL tokens have been spotted in motion.
WhaleAlerts, a platform for monitoring on-chain transactions, has recently reported a transfer of 7,981,517 SOL worth $184,488,080 across unidentified wallets.
In the wake of the FTX saga that transpired late last year, Solana has thus far demonstrated a measure of maturity. In the previous 30 days, Solana’s bullish trends have increased nearly 70% since the start of the year.
Notably, SOL has climbed multiple higher highs to reach its current market price; however, it is still 90% below its November 2021 all-time high of $259. At the time of writing, SOL is up 2% since the announcement of the Brave update.
SOL is currently trading at $22.82 after consolidating since the start of the week. SOL maintains its position as the twelfth-largest cryptocurrency by market capitalization, with a 24-hour trading volume of $699 million.
