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Cryptocurrency News Articles

Blockchain development giant Alchemy expands into the Solana ecosystem by acquiring infrastructure provider DexterLab

May 19, 2025 at 02:00 am

The deal, which was the result of a six-month collaboration, aims to deliver enterprise-grade tools for developers building on Solana.

Blockchain development giant Alchemy expands into the Solana ecosystem by acquiring infrastructure provider DexterLab

output: Alchemy, the blockchain development giant, is expanding its footprint in the Solana ecosystem with the acquisition of DexterLab, a renowned provider of high-performance infrastructure trusted by the likes of Google, Chainstack, and the Solana Foundation.

The move, which follows a six-month collaboration between the two firms, aims to empower developers with enterprise-grade tools for building on Solana’s rapidly expanding blockchain.

Although financial details of the deal have not been disclosed, the acquisition marks a significant step in Alchemy’s strategic initiative to support non-EVM chains. Widely recognized for its dominant role in Ethereum infrastructure, Alchemy will be introducing real-time analytics and web3 data feeds from DexterLab to enhance its Solana offering.

DexterLab’s network, spanning global data centers, is designed to ensure rapid and scalable access to Solana’s notoriously high-volume environment, which generates nearly one terabyte of blockchain data daily. In contrast, Ethereum generates around 100 gigabytes daily.

The firm specializes in advanced monitoring solutions for Solana’s mainnet and the broader Solana Virtual Machine (SVM) ecosystem, crafting API endpoints and infrastructure to surmount the limitations of traditional RPC services.

This move comes as Solana continues to gain traction with consumer-facing applications like Pump.fun, highlighting its high-throughput architecture and the growing interest among developers.

For Alchemy, the acquisition signals a long-term commitment to facilitating robust infrastructure across multiple chains, expanding beyond its origins in EVM. Now with DexterLab under its umbrella, Alchemy will be able to accelerate innovation and deliver high-performance tooling tailored to the unique demands of Solana’s ecosystem. This will lay the groundwork for more scalable, data-intensive decentralized apps.

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Other articles published on May 19, 2025