Opera said Friday its native wallet will add support for Solana early next year, a timeline that could place the browser developer on track to beat Brave.
Opera, which has emphasized Web 3 readiness since 2018, said in a press release that it will be “the first browser” to support Solana-based decentralized applications. Browser plugin Phantom, a closed-source platform, currently dominates that space.
It also faces steep competition from Brave, another browser competitor leaning heavily into the crypto space that also plans to add Solana support. But Brave, which has only said its integration will come in the “first half” of 2022, may not move fast enough to claim the first spot.
Solana is a fast and cheap network with roughly $12 billion in total value locked, according to DeFi Llama. It has benefited from a banner year of development and massive token price gains.
Crypto upstart Solana Labs will work with Opera on the integration, the publicly-traded Norwegian company said.
Read more about
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.