Chainlink Launches “Build on Solana” Program to Supercharge the Next Wave of Web3 Startups!

Jakarta, Pintu News – Chainlink (LINK) in collaboration with Solana Foundation launched the “Build on Solana” program which aims to accelerate the growth and adoption of blockchain technology by startups in the Web3 ecosystem.

The program offers technical support, expert guidance, and resources to increase market visibility for selected projects.

“Build on Solana” Program: An Initiative for Startup Growth

The“Build on Solana” program is designed to provide comprehensive support for teams looking to develop Solana (SOL) blockchain-based applications. With help from Chainlink, startups can access the tools and resources needed to develop secure and scalable applications.

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Sheth Sanket, vice president of revenue and partnerships at Chainlink Labs, emphasized the importance of this collaboration in supporting the innovation and growth of the Solana ecosystem. The collaboration between Chainlink and Solana is not new.

Since the integration of Chainlink Price Feeds in the Solana development network in August 2021, developers have been able to access real-time market data. This enables faster and more sophisticated creation of DeFi applications within the Solana ecosystem, improving the performance and reliability of applications built on it.

Integration and Adoption by the Finance Industry

Chainlink not only supports startups, but has also integrated with various decentralized and traditional financial platforms. On May 14, 2025, J.P. Morgan used Chainlink technology for its first cross-chain transaction with Ondo Finance (ONDO).

In addition, major financial institutions such as Fidelity International, ANZ Bank, and Swift have also adopted Chainlink’s technology to expand their capabilities in digital finance.

On the other hand, decentralized finance platforms such as Aave, GMX, and Lido have integrated Chainlink solutions to improve the stability of their infrastructure.

With various services such as cross-chain interoperability, Chainlink runtime environment, and data feeds and data streams, Chainlink offers solutions that enable more secure and efficient application development.

Expansion and Support for Future Applications

With the October 2024 launch of the Chainlink Data Streams feature on Solana’s main network, applications can operate more responsively through real-time data streaming. This improves the performance of decentralized finance platforms operating on Solana, allowing them to provide more accurate and timely financial information to their users.

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The “Build on Solana” program is expected to encourage more innovation and development of applications that take advantage of the speed and composability of the Solana network.

With potential infrastructure and incentive support from Chainlink and the Solana Foundation, new projects have the opportunity to reach key growth milestones and expand their reach in the global market.

Overall, the “Build on Solana” initiative marks an important step in the collaboration between Chainlink and the Solana Foundation, which not only supports the growth of blockchain technology but also strengthens the overall Web3 ecosystem.

With the resources and support provided, it is expected that more innovations will emerge that can harness the power of blockchain technology for various applications.

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Reference:

• Crypto News. Chainlink Unveils New Startup Program Build on Solana. Accessed on May 20, 2025
• Crypto News Flash. Chainlink Launches Build on Solana. Accessed on May 20, 2025

*Featured Image: Crypto Economy