16 May 2025
Updated 17 May
Updated 17 May
7 0
Alchemy Acquires Solana Developer DexterLab to Enhance Web3 Development
Alchemy has acquired Solana developer DexterLab for an undisclosed amount. This acquisition aims to enhance the development of Solana-based Web3 applications, addressing increasing enterprise demand.
Key points:
- DexterLab has previously supported Solana projects for Google and the Solana Foundation.
- The acquisition seeks to streamline Solana development alongside Ethereum, simplifying multi-network project building.
- Solana's active addresses surpassed 210 million in the last three months, compared to under 80 million for Ethereum and its Layer-2 solutions.
- Solana transactions reached 4.75 billion, significantly higher than Ethereum's 1 billion.