Tuesday, January, 21, 2025

Chainlink Launches Build on Solana to Revolutionize Web3 Development

Chainlink’s Build on Solana program fuels Web3 innovation by empowering developers with tools, mentorship, and access to Solana’s thriving ecosystem.
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Areeba Rashid

Areeba Rashid is a dedicated crypto news writer with a passion for making complex topics accessible to everyone. She covers the latest developments in the crypto world, including in-depth price analysis, helping readers stay informed and make sense of market trends.
  • Chainlink’s Build on Solana program boosts web3 innovation with expert support and growth resources.
  • The program helps Solana developers build secure, scalable dApps using Chainlink’s Oracle services.
  • The program strengthens Solana ties by providing tools and community access to accelerate blockchain projects.

Chainlink launched a new program called Build on Solana to increase the pace of web3 development on the Solana blockchain. The objective of the program is to enable developers working on Solana’s main network to benefit from technical assistance, growth opportunities, and wider market recognition. Building on Solana will help foster wider usage of Solana by strengthening Chainlink’s collaboration with various projects within the Solana ecosystem.

The program is designed for teams building scalable and secure decentralized applications using Chainlink’s Oracle services. Startups and projects in any phase of growth from the blockchain fields, such as DeFi, consumer applications, and infrastructure, can apply for the program. Creators chosen for this program gain mentorship from Chainlink professionals as well as resources intended to accelerate their project’s growth.

Vice President at Chainlink Labs, Sheth Sanket, emphasized the importance of this partnership. Sanket noted that partnering with Solana underlines Chainlink’s commitment to promoting its services among developers on the network. Sanket explained that company supports projects by offering vital network infrastructure and access to a thriving Solana community.

Chainlink plays a dominant role in providing oracle solutions across the various blockchain sectors. A wide range of organizations rely on firm solutions in both decentralized and traditional finance. Companies like Fidelity International, ANZ Bank, and Swift have started using Chainlink’s technology. Major decentralized finance projects such as Aave, GMX and Lido turn to Chainlink for their business infrastructure.

Company progress in the space of cross-chain finance has led to the development of this new program. On May 14, 2025, J.P. Morgan joined forces with Chainlink and Ondo Finance to achieve its first cross-chain delivery versus payment transaction. 

Libre Capital and Chainlink teamed up to broaden the range of tokenized investment funds available. These milestones highlight firm increasing impact across the worlds of traditional and decentralized finance.

Built on Solana, participants will be able to leverage platform tools, such as the cross-chain protocol, runtime environment, data feeds, and stream services. The initiative supported by the Solana Foundation includes services and rewards to encourage further advancement in Web3.

The firm believes that Build on Solana will inspire numerous breakthroughs in the field of blockchain development. The company is positioning itself as a key provider of the reliable and scalable infrastructure that powers the development of the next phase of Web3.

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