The Solana Foundation💡, a pioneering force dedicated to the development of the Solana blockchain ecosystem, has announced a revolutionary step in blockchain technology – the integration of AI via ChatGPT🤖. This marks Solana as the first Layer1 blockchain to ever achieve such a feat.
🌅 A New Dawn with Solana Lab and ChatGPT
This strategic move by Solana Lab is aimed at simplifying the journey to Web3🌐 for its users. The ChatGPT plugin acts as Solana’s very own search engine🔍, enabling users to more effectively understand Solana data and protocols. Available for download on Solana Labs’ GitHub, the plugin brings AI closer to the world of blockchain.
While the plugin doesn’t predict price movements💹, it serves as a significant asset for those eager to learn about the Solana blockchain, or need assistance while interacting with it. The ChatGPT tool can retrieve data from multiple sources on the blockchain, such as transaction history, smart contract data, and NFT metadata🎨, and use this data to answer user queries in real-time.
🤝 The Role of AI in Blockchain Development
In the words of Solana co-founder and CEO of Solana Labs, Anatoly Yakovenko, “Every developer building consumer-oriented apps should be thinking about how their app is going to be interacted with through an AI model because this is a new paradigm for telling computers what to do.”
In addition to the ChatGPT plugin, the Solana Foundation has launched a 3-month AI accelerator program💡. Aimed at university students and projects, the program provides mentorship, resources, and funding to help participants develop their AI projects on Solana. The foundation has already received over 50 applications and has awarded grants to a handful of promising companies.
📈 Solana’s Surge in Popularity
In May, the Solana network experienced an unprecedented surge in activity, primarily due to the higher fees on Ethereum and Bitcoin prompting users to seek out alternatives. The seven-day moving average of new addresses reached an impressive 323,000 last week, the highest since June 2022.
This remarkable increase reflects the growing interest and adoption of Solana, known for its high throughput and low fees. The SOL token, Solana’s native token, has shown significant resilience and recovery, surging by 101% year-to-date, indicating a positive trajectory.
The future for Solana looks promising. With this innovative AI integration and increasing user interest, Solana is poised for a resurgence, ready to continue growing and attracting new users in the coming months. 🚀🌙