HomeChainlinkChainlink and Solana Launch "Build on Solana" Program to Accelerate Blockchain Innovation

Chainlink and Solana Launch “Build on Solana” Program to Accelerate Blockchain Innovation

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  • Chainlink and Solana launch “Build on Solana” to support startups with resources, incentives, and oracle integration for DeFi/Web3 projects.
  • Program offers 1-year mentorship, marketing tools, and token incentives to scale dApps on Solana’s high-speed blockchain via Chainlink’s oracles.

Chainlink Labs and the Solana Foundation have introduced “Build on Solana,” a collaborative initiative aimed at supporting startups developing decentralized applications (dApps) on Solana’s blockchain.

The program offers technical resources, financial incentives, and strategic guidance to help teams scale their projects, reinforcing Solana’s position as a hub for high-speed decentralized finance (DeFi) and Web3 solutions.

Selected participants gain access to Chainlink’s Build program, which provides year-long support including integration assistance for testnet and mainnet deployments, marketing tools, and exposure to Chainlink’s developer community. Startups will also receive co-branding opportunities and economic incentives tied to their project’s native tokens, fostering long-term collaboration.

Solana’s blockchain, recognized for processing thousands of transactions per second at low costs, complements Chainlink’s infrastructure. The integration allows developers to build dApps that combine Solana’s speed with reliable external data feeds, addressing a key challenge in DeFi. Projects in decentralized gaming (GameFi), non-fungible tokens (NFTs), and prediction markets stand to benefit significantly.

The announcement sparked enthusiasm across social platforms, with users highlighting potential gains for $LINK stakers and meme-driven celebrations of the partnership. However, some community members, like @nullpackets, noted Chainlink’s roots in Ethereum, hinting at underlying tensions between blockchain ecosystems. Such critiques underscore the competitive yet interconnected nature of the industry.

For Solana, the collaboration enhances its appeal to developers seeking robust oracle solutions. For Chainlink, expanding its Build program to Solana diversifies its ecosystem reach, attracting innovators beyond its Ethereum base. Together, they aim to lower barriers for startups navigating blockchain’s technical and market complexities.

Chainlink (LINK) – Updated Price & Technical Analysis – May 13, 2025

LINKUSD_2025-05-16_14-18-31
Source: LINK/Tradingview

Chainlink (LINK) is currently trading at $16.03, reflecting a -0.14% daily dip, yet holding strong within a bullish medium-term structure. Over the last month, LINK is up +31.04%, although it remains -19.76% year-to-date, indicating that the asset is still recovering from broader market pressures earlier in the cycle. The market cap stands at $10.53 billion, with a 24-hour trading volume of $486.98 million.

Solana (SOL) – Price & Technical Analysis – May 13, 2025

SOLUSD_2025-05-16_14-19-53
Source: SOL/Tradingview

Solana (SOL) is currently trading at $170.52, up +0.79% on the day, as it stabilizes following a recent rally to $186, which marked a 5% gain on the week before pulling back. Over the past month, SOL is up +35.27%, but remains -9.67% year-to-date and -20.96% over the last 6 months, reflecting a rebound in progress from a longer correction phase. Its market capitalization stands at $88.67 billion, with 24-hour trading volume at $3.84 billion, indicating continued strong interest.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: [email protected] Phone: +49 160 92211628
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