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Opera wants to conquer the Web3 together with Solana



Opera announced a partnership with Solana Labs yesterday . Together they want to work on integrating the Solana blockchain and decentralized applications directly into the browser. Results have been announced for the first quarter of 2022.

The browser has had an integrated wallet for a long time and, in addition to a number of cryptocurrencies, already supports Web3 applications based on Ethereum. Opera celebrates itself as a dedicated crypto browser but has strong competition in this segment. Including the Brave Browser, which not only integrates cryptocurrencies and applications based on them, but also rewards its users with the Basic Attention Token.

In the end, it should be an attempt to find a unique selling point to set yourself apart from the overwhelming competition on the market. The statistics show that Chrome dominates the market and Opera only plays a subordinate role with a market share of around 2.6%.

Solana with heavy price losses

The message was of very little significance for the market. Because Solana collapsed along with the Bitcoin rate and could not maintain the $ 200 mark. Also with regard to the “Total Value Locked” one had to give up feathers and give third place to Terra (LUNA).

Despite the massive losses, investors shouldn't complain from the start. Because just a year ago, Solana was trading for around $ 0.50. One of Solana's stated goals is to get 1 billion users on board worldwide. In the second half of the year, Solana's decentralized ecosystem was further expanded with new protocols.

Currently, the challenger and competitor of Ethereum cannot emancipate itself from the bearish hustle and bustle on the markets. Therefore, further losses could occur if Bitcoin fails to catch up.

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