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Home CRYPTO

Solana Launches Blockchain Links to Enable Transactions on Any Website

Michael Juanico by Michael Juanico
June 25, 2024
in CRYPTO
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  • The Solana Foundation has introduced Actions and blockchain links (blinks), allowing users to create and share transactions via a URL on websites, social media platforms, and physical QR codes.
  • The new feature will enable a shareable link to display an interface for a Solana transaction, enabling activities like crowdfunding, online purchases, and on-chain voting without leaving the hosting website.
  • The launch runs with whitelisted domains from Solana’s partners, including Jupiter, Helium, Truffle, Phantom, and Backpack, to enhance security.

The Solana Foundation has introduced a new feature that will allow crypto transactions through shareable links on any website or application. This innovation promises to seamlessly connect the Solana blockchain to the broader internet.

Here is everything you need to know about Solana's new Action and Blink features

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🧵👇 pic.twitter.com/Ae7xLXHESm

— BlockNews.com (@blocknewsdotcom) June 25, 2024

New Feature Enables On-Chain Interactions Via URLs

The Solana Foundation has released Solana Actions and blockchain links, also known as “blinks.” These blinks are URLs that display an interface for a Solana transaction. For example, a blink could allow users to buy an NFT, tip a creator, vote, or swap tokens without leaving a website.

According to the announcement, blinks will enable any website or app to become a distribution point for on-chain interactions. Dialect, the developer behind the tooling for Actions, noted that blinks allow you to “buy a NFT, tip a creator, receive money, vote, stake, swap, and so much more” directly from a website.

Blinks Provide Flexibility and Security

The Solana team explained that Actions and blinks work similarly to connecting a crypto wallet to decentralized apps (dApps). Users should be cautious of unfamiliar sites, just as they are with dApps. Wallets will prompt users to “connect to site” when transacting via an unfamiliar API.

For security at launch, Actions and blinks are being whitelisted to partners like Jupiter, Helium, Truffle, Phantom, and Backpack. The Solana Foundation said this rollout plan will give users time to build trust, much like trusting familiar dApps.

Solana’s Growth Reflects Strength in Retail and Infrastructure

Solana has seen tremendous growth in activity and adoption over the past year. Thanks to fast and cheap transactions, Solana became a hub for new memecoins and infrastructure protocols in 2022.

According to Pantera Capital, Solana accounted for 60% of new volume on DEXs in May 2022. By May, 85% of all new tokens launched on Solana, up from 50% a year prior. This surge reflects Solana’s strength with retail traders and developers building decentralized apps and services.

Conclusion

By allowing crypto transactions via simple shareable URLs, Solana Actions and blinks will make the blockchain more accessible than ever before. This feature promises to seamlessly integrate Solana’s capabilities into any website or app. Solana’s growth shows its pole position with developers and traders for cheap, fast transactions.

Tags: blinksJupiterphantomSolanasolana foundation
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University. He has been a Content Writer since 2019, covering a wide range of topics. His interest in crypto began in 2021, eventually becoming his main focus. For almost four years, he has worked with Aiur Labs and holds BTC, TRON, and a few memecoins.

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