Get yourself a crypto tee or surprise a crypto enthusiast in your life with our festive Coin Bureau Merch!
Solana Partners With Brave Browser
2 min read

Solana Partners With Brave Browser to Become Default for DApp Support

By News Desk

Popular privacy-focused internet browser Brave has partnered with Solana Labs to offer support for its decentralized applications (DApps). The partnership aims to natively integrate Solana into Brave by July of 2022.

Brave, which currently has over 42 million active users, only offered support for Ethereum and Binance Smart Chain (BSC) decentralized exchange (DEX) aggregators and wallets. In an announcement, Brave says the Solana network offers benefits such as faster transaction speed and cheaper fees which, in their words, “help in the adoption of DeFi and Web3.”

“High transaction fees seen on Ethereum (due to increased interest in crypto and DeFi) have held some users back from transacting. Solana is the fastest blockchain in the world and provides the opportunity to scale blockchain transactions for as little as $0.001 – $0.002 USD per transaction, providing significant cost savings for users.”

The integration will enable Solana’s DEX aggregator swaps, non-fungible token (NFT) support, the sending of SPL tokens, and creating accounts.

Brendan Eich, CEO and co-founder of Brave, said that more and more users and creators require tools for fast and affordable access to the decentralized Web, adding that the Solana integration aims to pave the way for “the next billion crypto users to harness applications and tokens.”

Brave was released in 2019 and from the beginning catered to crypto and privacy enthusiasts. It allows users to earn Brave’s Basic Attention Token (BAT) for viewing ads. In late 2020, Apple created new iOS guidelines that prevented its users from earning BAT, but users on other operating systems can still do so.

According to the announcement, Solana will “encourage developers to promote BAT on DApps built on Solana and on the Solana network in general.” Solana will also enable the implementation of the Themis protocol developed by Brave on the Solana Network, a key milestone in the BAT 2.0 Roadmap.

BAT, which is the 88th largest crypto by market cap, jumped immediately after the news and has since recorded a 28% gain on it, currently changing hands at $1.27. Solana is currently trading at $245, cooling off after seeing 55% returns over the last 30 days.

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

Related Posts

FTX Exchange
Withdrawals not Halted at FTX: Instead Binance will Buy FTX
FTX Exchange

Withdrawals not Halted at FTX: Instead Binance will Buy FTX

November 9th, 2022 3 min read
OKX invests in WAX
OKX Blockdream Ventures Invests Millions in GameFi and NFT Development on WAX
OKX invests in WAX

OKX Blockdream Ventures Invests Millions in GameFi and NFT Development on WAX

June 3, 2022 2 min read
Binance partners with the weekend
Binance Partners with The Weekend to Provide First-Ever Web 3 Enhanced World Tour
Binance partners with the weekend

Binance Partners with The Weekend to Provide First-Ever Web 3 Enhanced World Tour

June 3, 2022 2 min read
21Shares Releases Sixth State of Crypto Report
21Shares Releases Sixth State of Crypto Report: Summary
21Shares Releases Sixth State of Crypto Report

21Shares Releases Sixth State of Crypto Report: Summary

June 2, 2022 3 min read
Algorand and MakerX Commit 1M Algo to Migrate Terra Users to Algorand
Algorand and MakerX Commit 1M Algo to Migrate Terra Users to Algorand
Algorand and MakerX Commit 1M Algo to Migrate Terra Users to Algorand

Algorand and MakerX Commit 1M Algo to Migrate Terra Users to Algorand

June 2, 2022 2 min read
Regulators are “Not Allowing” Banks to Engage with Crypto
Bank of America CEO: Regulators are “Not Allowing” Banks to Engage with Crypto
Regulators are “Not Allowing” Banks to Engage with Crypto

Bank of America CEO: Regulators are “Not Allowing” Banks to Engage with Crypto

June 1, 2022 2 min read
US Conference of Mayors Introduces Blockchain Resolution
US Conference of Mayors Introduces Blockchain Resolution
US Conference of Mayors Introduces Blockchain Resolution

US Conference of Mayors Introduces Blockchain Resolution

June 1, 2022 2 min read