On May 16, 2025, Chainlink, the leading oracle network for on-chain finance, launched its Build on Solana program, a game-changing initiative to supercharge Web3 startups on the Solana blockchain. Partnering with the Solana Foundation, Chainlink offers selected teams access to its cutting-edge tools like Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Verifiable Random Function (VRF). Startups also get hands-on guidance, co-marketing, and incentives, with the chance to make their tokens claimable by Chainlink’s
LINK stakers, boosting community reach.
Why is this big? Solana’s high-speed, low-cost blockchain, handling 2,000 transactions per second, is a hotspot for DeFi and consumer apps. Chainlink’s infrastructure, securing over $20 trillion in transaction value, bridges real-world data to blockchains, making it essential for innovative projects. This program could accelerate DeFi, gaming, and NFT startups, potentially driving LINK ($13.69) and SOL ($171) prices higher. However, risks like technical complexity or market volatility could challenge new teams.
For beginners, this shows how Web3 is empowering creators, but crypto’s fast pace demands research. Will Build on Solana redefine the future of finance? Share your thoughts below! Follow trafy.io for more crypto insights.
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The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.