The Internet browser Brave and Solana Labs are entering into a partnership that will support decentralized applications on the Solana blockchain in the future.
Brave, a data protection-oriented Internet browser, will support decentralized Solana applications (dApps) in the near future so that these can be executed natively in the browser. So far, the browser only supported Ethereum and the Binance Smart Chain. The associated cryptocurrencies ETH and Binance Coin (BNB) are, besides Bitcoin, the only digital assets that are more valuable than Solana (SOL) in terms of market capitalization.
"A result of demand"
The company behind the browser announced the partnership between Brave and Solana in an official blog entry. Brave particularly emphasized the practical use of the blockchain. With the proof-of-history method, which is based on the proof-of-stake mechanism, up to 50,000 transactions per second should be possible. The cost per transaction is very low with a fee of $ 0.001 to $ 0.002.
Solana is the fastest-growing ecosystem, so the integration of Solana into the Brave browser is a direct result of demand from users and developers, according to the entry on the website. "As more and more users and developer tools need fast and affordable access to the decentralized web, this integration will seamlessly pave the way for the next billion crypto users to use applications and tokens," said Brendan Eich, CEO, and co-founder of Brave quoted.
Solana's rise to the top four
As a potential “Ethereum killer”, Solana has had an incredible rally since the beginning of August. Since then, the price of the cryptocurrency had risen from around $ 35 to as much as $ 260. SOL is currently quoted at around $ 248 and has been able to leave projects such as Cardano, Ripple, and Polkadot (DOT) behind due to the sharp rise in the share price. With a market capitalization of around $ 75 billion, SOL is the fourth most valuable cryptocurrency on the market.
The fact that the Solana blockchain even paused for 16 hours on September 14, an absolute worst-case scenario for any blockchain project, had no long-term consequences. Also driven by the NFT hype, the price increase at Solana does not seem to end. The Solana price forecast from "Bluntz" has been making the rounds on Twitter for a few weeks: According to him, the goal is 900 US dollars. That would bring Solana's market capitalization to around $ 270 billion.
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