The Graph, a decentralized protocol for indexing and accessing blockchain data, has introduced key updates aimed at improving the ecosystem of decentralized applications on Solana.
A press release shared with crypto.news on September 16 states that The Graph (TRB) has updated its tools on Solana (SUN) network to provide new ways for developers to access and leverage the blockchain.
With the updates, developers now have more options to access Solana indexed data. Substreams-powered subgraphs allow those developing on the smart contract platform to leverage pre-built solutions from providers like Messari and Top Ledger.
Leveraging Substreams-Powered Subgraphs
In The Graph ecosystem, subgraphs powered by substreams offer technology that enables faster indexing for decentralized applications. Benefits include a development environment where dapp developers can use coding tools both remotely and locally.
Solana developers can also use this technology to quickly synchronize projects. Developers can access data on the Solana blockchain without having to use subflows or the Rust programming language.
A boost to Solana’s web3 ecosystem
This means developers can take full advantage of the Solana network amid the Web3 explosion, noted Nick Hansen, chief growth officer at The Graph Foundation. He highlighted features such as high throughput, low fees, and a growing ecosystem of DeFi projects.
“The meteoric rise of developer and user activity on Solana has created a huge demand for open, decentralized data that is true to Web3 values. The latest update to the Graph tools and enhanced support will ensure that the Solana community can derive even more value from the Web3 decentralized data layer.”
Nick Hansen, Chief Growth Officer at The Graph Foundation.
In addition to Solana developers, data analysts and the broader web3 community are also likely to find the new tools crucial.
The Graph, launched in 2018, has become one of the key blockchain projects in the web3 space. Developers have deployed dapps built with subgraphs on over 70 blockchains, including Ethereum (Ethnicity), Decision (African Development Bank) and Avalanche (AVAX).
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