Opera announced a partnership with Solana Labs to add native support for the popular blockchain, allowing it to run a native Solana wallet along with all the dApps in the ecosystem.
An official blog post on Friday, December 10, has over 380 million monthly active users across its ecosystem, which includes a number of browsers and news-focus applications. Currently, Opera's built-in cryptocurrency wallet already supports the TRON and Ethereum ecosystems.
The Opera team said on Twitter that the integration was expected to be ready by Q1 2022. By then, users should be able to enjoy all the benefits of the blockchain in desktop and mobile browsers without any restrictions.
Opera joins forces with @Solana! The integration will enable Opera Android users to enjoy seamless access to Solana DApps alongside low-fees and fast transactions within the ecosystem. You'll be able to access it through Opera in Q1 2022. Learn more: https://t.co/XRkHUSYrLZ pic.twitter.com/viRDwpQwEq - Opera (@opera) December 10, 2021
The publicly-traded Norwegian company has added "30-second" cryptocurrency wallet top-ups in several regions and is set to work with Solana Labs on integrating the Solana network onto its wallet.
The moves come as Solana's decentralized finance (DeFi) ecosystem keeps on growing and as Ethereum transaction fees hit a new all-time high. according to CryptoCompare's latest Asset Report, decentralized finance activity on the Solana blockchain continued to grow last month, but at a slower pace when compared to October. IT grew 15.8% from October to $14.4 billion, compared to its 35% growth in October and 177% in September.
The report details that during November fees spent on the Ethereum network kept on rising and reached another monthly all-time high of $1.82 billion, a figure that represents a 34.6% growth from October.
CryptoGlobe reported, over 77% of Solana's $SOL tokens are being staked on the cryptocurrency's network and earning their holders yield, so much so that staked value on the network surpassed $84 billion, according to data from Staking Rewards.
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