The Web3 development platform and infrastructure provider announced its support for the controversial blockchain in an announcement published by Alchemy on June 2, just one day after the Solana network was temporarily shut down.
The Solana blockchain was halted for approximately four hours on Wednesday, owing to a bug that prevented it from reaching network consensus. This isn’t the first time the system has been shut down because of a hack, as routine operations have been halted five times this year.
That didn’t seem to be a problem for Alchemy. This means that developers can use Alchemy’s software and infrastructure in Solana-built applications. The firm is the creator of a Web3 API called Alchemy Supernode and a development suite for monitoring and debugging called Alchemy Build, which are now worth about $10.2 billion.
With larger projects, such as nonfungible token marketplace OpenSea and liquidity protocol Aave (AAVE), this tool has previously shown itself to be effective in the past while scaling and monitoring.
Despite recent outages and the decline in the price of Solana’s native SOL token by 85 percent from its all-time high, it appears that developers have not lost trust in blockchain technology and thus continues to be a useful tool when developing efficient Web3 apps.
