Solana (SOL) becomes the 1st Layer1 blockchain tech to integrate with Artificial Intelligence (AI).
The Solana (SOL) Foundation, the non-profit organization dedicated to supporting the development and growth of the Solana (SOL) blockchain tech ecological system, announced ChatGPT integration on Tuesday.
The move is a whole lot of step towards making the Solana (SOL) blockchain tech more user-friendly and accessible to a wider range of people.
Network Onboarding Made Easy
The new feature is Solana (SOL) Lab’s latest attempt to streamline users’ onboarding process to Web 3.0, thus serving as Solana’s search engine to better understand Solana (SOL) data and protocols. ChatGPT plugin is open to download on Solana (SOL) Labs GitHub.
ChatGPT plugin will definitely not help users predict the price movement, but it is capable of assisting those who want to learn or need help when iterating with the Solana (SOL) blockchain.
The tool can read data from numerous sources on the blockchain tech, such as transaction history, smart contract data, and Non-Fungible Token (NFT) metadata. This data will then be used to answer users’ questions about the blockchain.
For instance, a user could ask ChatGPT “What is the total number of Non-Fungible Token (NFTs) minted on the Solana (SOL) blockchain?” or “What is the present price of the Bored Ape Yacht Club Non-Fungible Token (NFT) collection?”
ChatGPT will be able to answer these questions in real-time, making it a valuable tool for users who want to learn more about the Solana (SOL) blockchain.
Users can likewise ask for a step-by-step guide to performing certain activities on Solana (SOL) such as how to buy a specific Non-Fungible Token (NFT) or transfer tokens.
“Every developer building consumer-oriented applications should be thinking about how their application is going to be interacted with through an Artificial Intelligence (AI) model because this is a new paradigm for telling computers what to do,” Solana (SOL) co- founder and Solana (SOL) Labs CEO Anatoly Yakovenko noted.
Along with the ChatGPT plugin, the Solana (SOL) Foundation launched a 3- 30 days Artificial Intelligence (AI) accelerator program to promote university students and projects to develop Artificial Intelligence (AI) projects on Solana.
The program will provide mentorship, resources, and financing to assist participants develop their projects. The foundation has already received over 50 applications for grants and has awarded grants to several companies.
The Artificial Intelligence (AI) accelerator program is part of the Solana (SOL) Foundation’s commitment to supporting the development of Artificial Intelligence (AI) on Solana (SOL) The foundation thinks that Artificial Intelligence (AI) has the capacity to revolutionize the way we use blockchain tech, and it is committed to helping developers build innovative AI-powered applications on Solana.
Recent developments have revolutionized the Solana (SOL) blockchain tech, but there are still areas, such as staking and validators’ information, that require further improvement. Regardless of this, ChatGPT, being a sophisticated language model with the potential to continuously learn and comprehend information, presents whole lot of potential for advancement.
Solana’s Momentum Springs Back
In May, the Solana (SOL) network witnessed a whole lot of surge in activity. This surge can be attributed to higher charges on Ethereum (ETH) and Bitcoin, which have prompted users to explore alternative options.
Data from The Block indicated a seven-day moving average of new addresses reaching an impressive 323,000 past week, marking the highest number since June 2022. The data further outlines that Solana (SOL) has added more new addresses in the past 30 days than in the past 6 months combined.
The surge in activity reflects the growing interest and adoption of Solana (SOL) The blockchain tech is well-known for its high throughput and minimal charges, making it a more attractive option for users who are looking to avoid high costs.
Solana’s native Solana (SOL) crypto token has shown remarkable resilience and recovery. Year-to-date, the Solana (SOL) crypto token has surged by 101%, indicating a positive trajectory.
The surge in activity and the positive performance of the Solana (SOL) crypto token are both positive signs for Solana (SOL) The network is well-positioned continuation to grow and attract new users in the coming months.