Alchemy Web3 development platform, and infrastructure provider, has announced support for Solana-built web3 applications.
Alchemy just one day after the Solana network temporarily halted on June 1 has announced its support for the controversial blockchain.
The Solana blockchain went down for around four hours on Wednesday due to a problem that rendered it unable to obtain network consensus. This isn’t the first time the system has been hacked; normal operations have been interrupted five times this year.
That didn’t seem to be an issue for Alchemy, which let developers to use its tools and infrastructure in Solana-developed apps. The company, which is now valued at $10.2 billion, is the creator of Alchemy Supernode, a Web3 API, and Alchemy Build, a development suite for monitoring and debugging.
With some of the company’s major partners, such as nonfungible token marketplace OpenSea and liquidity protocol Aave, this software has proven effective in the past while growing and monitoring (AAVE).
Phantom’s chief technical officer and co-founder, Francesco Agosti, expressed enthusiasm about Alchemy’s Solana integration. “Their infrastructure and product package has a track record of delivering performance gains,” he said. “For Phantom and any other Solana developers who choose to use Alchemy, this will be a game-changer.”
Despite recent failures and the price of Solana’s native SOL token plunging 85 percent from its all-time high, this new integration shows that the blockchain hasn’t lost developers’ trust and remains a vital resource when developing efficient Web3 applications.
