As known from:
known from Coinwireknown from Benchknown from Coinindex
  • About
Contains commercial content
Cryptogambling / Solana Pioneers AI-Blockchain Fusion, Amplifies Grants Fund to $10 Million

Solana Pioneers AI-Blockchain Fusion, Amplifies Grants Fund to $10 Million

Publish Date: 25/05/2023

Solana has bitten the AI bug revolutionizing the technology ecosystem. As a lot of industries are leveraging the power of AI  to serve their community better, the blockchain ecosystem seems not to be lagging.

Solana Foundation, a nonprofit committed to maintaining and developing the layer-1 Solana blockchain, announced the integration of artificial intelligence (AI) by utilizing a ChatGPT plugin developed by Solana Labs.

Developers revealed that they have made the ChatGPT plugin downloadable from GitHub, enabling easier comprehension of Solana data, protocols, and the extraction of information regarding Solana’s computing infrastructure and DeFi projects.

Solana co-founder and CEO of Solana Labs, Anatoly Yakovenko, emphasized that AI would enhance the usability and comprehensibility of the Solana blockchain.

Yakovenko stated, “Every developer constructing consumer-oriented apps should contemplate how their app will interact with an AI model since this represents a new paradigm for instructing computers on tasks.”

The Solana Grant

The Solana Foundation announced an increase in funding for grants exploring the intersection of the Solana blockchain and AI from its original pledge of $1 million to $10 million. Developers have already received 50 applications for the rolling grants program.

The Solana Foundation has launched a three-month-long accelerator program for university students, in which a full cohort actively experiments with blockchain and AI. Projects and contributors submitted hundreds of applications for the program, and as a result, the AI cohort has already created a Solana U chatbot,” developers wrote.”

Solana has experienced an increase in activity

This month, Solana has experienced a surge in activity, with some users exploring alternatives due to higher fees on Ethereum and Bitcoin. Last week, the network reached the highest number of new addresses since June 2022, with a seven-day moving average of 323,000.

Solana’s native SOL token, which faced significant declines last year during the collapse of the FTX crypto exchange, has made a strong recovery, registering a 101% increase year-to-date. According to data from TradingView, it traded at $20.03 on Tuesday, showing a 2.6% rise.

What is next?

As AI is the latest trend in the technology industry and has been adopted by all and sundry, with this latest act by Solana and traction being gained, some protocols in the blockchain industry will start adopting this.

There will also be an increase in demand for AI specialists worldwide.

Latest News
Warner Bros. introduces NFT bundles for 1978’s ‘Superman: The Movie’
Warner Bros. Home Entertainment has unveiled the latest ...
Crypto scams to intensify with AI, warns Cardano’s Charles Hoskinson
Cardano co-founder Charles Hoskinson has issued a warning ...
European crypto exchange WhiteBIT enters Nigerian market
European cryptocurrency exchange WhiteBIT has expanded its operations ...
Top Crypto Exchange Sites
Crypto Exchange Guide
  • Crypto Exchanges
  • Betting Exchange
Top Brands
Top Bonuses Review
Wow Vegas
Wow Vegas
Wow Vegas Review
Fortune Coins
Fortune Coins
Fortune Coins Review
Sweeptastic Review
4.5/5 Review
4.4/5 Bonus
5% Rakeback
T&Cs apply
Wow Vegas
Wow Vegas Bonus
30 SCs on 1st Purchase + 4.5 SCs FREE
T&Cs apply
Fortune Coins
Fortune Coins Bonus
Get up to GC 360,000 + Free FC1,000
T&Cs apply
Sweeptastic Bonus
LC 10,000 for Registration
T&Cs apply
4.5/5 Bonus
Daily Rewards up to 10k VC$
T&Cs apply

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or; or (b) Gamblers Anonymous at 855-2-CALL-GA or

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

Move to Top
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site