Alchemy Integrates Astar Network to Support Web3 Developers in Polkadot Ecosystem

The dapp-staking feature will encourage developers to build on the chain to earn rewards in its native token.

AccessTimeIconAug 3, 2022 at 1:13 p.m. UTC
Updated May 11, 2023 at 4:15 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Web3 developer platform Alchemy will now support Astar Network, a parachain of the Polkadot network, the company said Tuesday.

The integration is intended to allow developers to build Web3 projects on the Astar network through Alchemy’s application programming interface (API), product manager Mike Garland told CoinDesk.

  • Crypto: The Game Is 'Cutthroat': Founder
    Crypto: The Game Is 'Cutthroat': Founder
  • Spot Crypto ETFs in Hong Kong Have 'Strong Attachments' to China: OSL Exec
    Spot Crypto ETFs in Hong Kong Have 'Strong Attachments' to China: OSL Exec
  • What Happens to the Spot Ether ETF if ETH Is Deemed a Security in Hong Kong?
    What Happens to the Spot Ether ETF if ETH Is Deemed a Security in Hong Kong?
  • Hong Kong's 'Mind Boggling' Journey to Bitcoin and Ether ETFs
    Hong Kong's 'Mind Boggling' Journey to Bitcoin and Ether ETFs
  • Astar allows developers to interact with the Polkadot ecosystem, enabling building on the Ethereum Virtual Machine (EVM) and utilization of the Polkadot blockchain’s cross-consensus messaging (XCM).

    Developers will also be able to partake in decentralized application (dapp) staking, a feature native to Astar. This allows users to vote on their favorite Astar dapps with its native token, ASTR, in order to earn rewards. This will encourage developers to build out apps on the protocol, said Garland.

    Alchemy is enthusiastic about supporting Astar because of its “built-in” support for developers seeking to build on the chain, Garland said. “Jumping in and helping bootstrap that ecosystem with our product as well I think is going to go a long way.”

    “Rather than spinning up nodes or worrying about memory constraints, this will allow [developers] the capability to really focus on the real world problems they're solving with the dapps they’re building,” Astar CMO Valeria Kholostenko told CoinDesk.

    Alchemy, headed by CEO Nikil Viswanathan, has worked to expand its Web3 developer platform in the past year. Following a $200 million equity raise in February, the company expanded to the Solana ecosystem in June, and two weeks later announced a $25 million grant initiative for Web3 startups.


    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Cam Thompson

    Cam Thompson was a news reporter at CoinDesk.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.