![There will be a violent washout of Bitcoin next. Don't buy the bottom too early. It won't stretch quickly in the short term. What you need to do now is to wait patiently for a good buying position, keep your bullets, and don't get hung up on it. When you buy the bottom, you will run out of bullets! Bitcoin market analysis [Issue 725]](/uploads/2026/08/23/cryptocurrencies-news/videos/origin_6a8afd33c749f_image_500_375.webp "There will be a violent washout of Bitcoin next. Don't buy the bottom too early. It won't stretch quickly in the short term. What you need to do now is to wait patiently for a good buying position, keep your bullets, and don't get hung up on it. When you buy the bottom, you will run out of bullets! Bitcoin market analysis [Issue 725]")
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Cryptocurrency News Articles
Blockchain development platform Alchemy acquired Solana developer DexterLab
May 17, 2025 at 05:03 am
The acquisition will accelerate the development of Solana-based Web3 applications to meet growing enterprise demand
Alchemy, a blockchain development platform, has acquired Solana developer DexterLab for an undisclosed fee. The acquisition will accelerate the development of Solana-based Web3 applications to meet growing enterprise demand, Alchemy said in an emailed announcement on Friday.
DexterLab's technology has previously powered the Solana development of Google and the Solana Foundation, establishing itself as "a go-to infrastructure provider," according to Alchemy's announcement.
One of Alchemy's aims in acquiring DexterLab is to consolidate Solana development alongside that of Ethereum to reduce complexity for projects building across multiple networks.
Alchemy may be be attempting to capture the growing prominence of Solana as a preferred venue for blockchain applications.
While Ethereum remains comfortably the larger blockchain in terms of total-value locked, there are some metrics where Solana can claim the ascendancy. For example, active addresses on Solana have been over 210 million in the last three months while Ethereum and Ethereum Layer-2 addresses are just below 80 million. Transactions on Solana have also outnumbered Ethereum: 4.75 billion to 1 billion.
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