Solana Foundation, the Switzerland-based organization that manages the Solana Blockchain platform, has launched a $5 million ecosystem fund in partnership with Coin98 Ventures, the investment arm of Vietnam-based blockchain-focused software company Coin98 Finance, to support Web3 and DeFi innovation in Southeast Asia.
![What is Solana [SOL], the First Web-Scale Blockchain?](https://crypto-economy.com//wp-content/uploads/2020/10/SOLANA-SOL.jpg)
As blockchain technology is being implemented in almost every industry across the world, blockchains are now required to process a large number of transactions per minute.
Waves Tech or Waves Protocol, a powerful blockchain-agnostic ecosystem focused on inter-chain DeFi, is integrating Solana blockchain into its Gravity protocol, a blockchain-agnostic decentralized cross-chain and
Solana, a scalability-focused blockchain platform developed by Solana Labs, has introduced Wormhole, a cross-chain bridge that will allow users to turn ERC20 tokens into Solana’s SPL
Solana Foundation announced a new partnership with the leading stablecoin, Tether. The technical integration includes launching USDt in the Solana network.
Solana, the world’s first web-scale blockchain network, has partnered with South Korean payment platform Terra Money to bring stablecoins into its DApp ecosystem.
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