Venture-backed crypto custody and services company Fireblocks has added support for Solana. Fireblocks users will now be able to interact directly with Solana applications on the Fireblocks platform
This integration allows users to connect and interact directly with decentralized applications (dApps) built on the Solana ecosystem. Developers of the Solana ecosystem will also be able to take advantage of various tools.
Fireblocks CEO Michael Shaulov said:
“Fireblocks” in providing customers with access to the blockchain and its application ecosystem, The Web3 engine provides Solana builders with the highest level of security. “
According to DeFiLlama, the total value locked in Solana is around $1.4 billion, making it the sixth largest blockchain by this metric. Also , Solana’s non-fungible (NFT) community is the second most active of all blockchains.
Solana price after integration
Solana’s native token, SOL, surged to a daily high of $33.07 following the news of the integration. However, the token has fallen to $31.12 at press time, down 2.62% in the past 24 hours.
Today’s drop cost SOL half of yesterday’s gains and raised fears of a resumption of the previous bearish trend, which had fallen to the low $30s.