The Graph enhances Solana tools to speed up dApp deployment
The Graph (CRYPTO:GRT), a decentralised protocol for blockchain data indexing, has introduced updates aimed at enhancing the development of decentralised applications (dApps) on Solana (CRYPTO:SOL).
Announced on September 16, 2024, these changes provide Solana developers with new options for accessing and using blockchain data, potentially simplifying the deployment of dApps.
The update includes the integration of substreams-powered subgraphs, a technology designed to offer more efficient indexing for decentralised applications.
This allows developers working on the Solana network to use pre-built solutions from providers like Messari and Top Ledger.
With these tools, developers can access indexed Solana data without needing to rely on substreams or the Rust programming language, making the process of syncing projects to the blockchain more straightforward.
Nick Hansen, head of growth at The Graph Foundation, discussed the impact of these updates in the context of web3 development.
“The rapid increase in developer and user activity on Solana has created a need for open, decentralized data aligned with web3 values. The Graph’s updated tools and additional support are intended to help the Solana community utilize web3’s decentralised data layer more effectively,” Hansen said.
These updates are expected to provide a development environment that supports both local and remote use of coding tools.
The new tools may benefit not only Solana developers but also data analysts and others in the web3 community.
The improvements are designed to assist users in accessing Solana's blockchain data more efficiently for various applications, including decentralised finance (DeFi) projects and other decentralised solutions.
At the time of reporting, The Graph (GRT) price was $0.1383, and the Solana (SOL) price was $130.91.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Glassnode: Bitcoin weakly fluctuates, is major volatility coming?
If signs of seller exhaustion begin to appear, it is still possible in the short term for bitcoin to move towards the $95,000 level and the short-term holder cost basis.

Axe Compute (NASDAQ: AGPU) completes corporate restructuring (formerly POAI), enterprise-level decentralized GPU computing power Aethir officially enters the mainstream market
Predictive Oncology officially announced today that it has changed its name to Axe Compute and will trade on Nasdaq under the ticker symbol AGPU. This rebranding marks Axe Compute's transition into an enterprise-level operator, officially commercializing Aethir's decentralized GPU network to provide robust, enterprise-grade computing power services for AI companies worldwide.

Bitcoin new year bear flag sparks $76K BTC price target next

Ether price rallied 260% last time this happened: Can ETH reach $5K?

