Subsquid and Neon EVM Partner to Enhance Solana Data Accessibility for dApp Developers

Subsquid, a Web3 data lake and query engine, is partnering with Neon EVM, a Solana-powered Ethereum Virtual Machine, to provide easier data access to Neon EVM's dapp developers. Subsquid's expansion to the Solana blockchain begins with this collaboration, enabling developers to leverage Neon EVM's on-chain data stored in Subsquid's decentralized data lake. Subsquid aims to support developers by simplifying access to blockchain data, allowing them to focus on innovation without infrastructure concerns.

Subsquid Embarks on Strategic Partnership with Neon EVM, Unlocking the Power of Solana Data for dApp Developers

In a groundbreaking move that will revolutionize the Web3 data landscape, Subsquid, the leading decentralized data lake and query engine, has announced an upcoming partnership with Neon EVM, the Ethereum Virtual Machine (EVM) operating on the lightning-fast Solana blockchain. This collaboration marks a significant milestone in Subsquid's ambitious expansion plans, paving the way for easier and more efficient access to on-chain data for developers building decentralized applications (dApps) on Neon EVM.

Subsquid: Empowering Developers with Scalable and Secure Data Infrastructure

Subsquid is renowned for its innovative approach to data infrastructure within the blockchain ecosystem. With a focus on utility and scalability, Subsquid provides a secure alternative to centralized infrastructure providers, offering comprehensive services such as blockchain indexing, app development, and analytics. As a trusted partner to industry leaders like Manta Network, Parity, and Enjin, Subsquid has established a strong presence in the Ethereum and Substrate (Polkadot and Kusama) ecosystems. Now, with the integration of Neon EVM data into its platform, Subsquid extends its reach to Solana, offering developers unparalleled access to on-chain information.

Neon EVM: Bridging the Gap between Ethereum and Solana

Neon EVM is an Ethereum-compatible environment that runs as a smart contract on Solana, providing developers with the best of both worlds. It seamlessly integrates Ethereum solutions, including accounts and signatures, tools and infrastructure, and token standards (ERC-20 tokens), while eliminating the drawbacks associated with Ethereum, such as high gas fees, limited liquidity, and prolonged waiting times. By leveraging Solana's exceptional scalability and low transaction costs, Neon EVM empowers developers to create dApps with greater efficiency and affordability.

A Powerful Synergy: Subsquid and Neon EVM Join Forces

Through this strategic partnership, Subsquid will incorporate on-chain data from Neon EVM into its decentralized data lake, which is secured by advanced zero-knowledge (ZK) proofs. This integration will greatly simplify the process of accessing historical and real-time data for developers building dApps on Neon EVM. Developers will no longer need to write complex queries or invest significant time in data retrieval, allowing them to focus on innovation and delivering exceptional user experiences.

Expanding Subsquid's Horizons: Solana Integration on the Roadmap

The expansion to the Solana network is a key milestone in Subsquid's strategic roadmap for 2024. This collaboration aligns with Subsquid's commitment to providing developers with comprehensive data solutions across various blockchain ecosystems. As Subsquid continues to expand its platform, the company has plans to announce additional developments throughout the year, including the launch of its mainnet, support for Cosmos, and the introduction of permissionless dataset submission.

About Subsquid

Subsquid Network is a decentralized query engine and data lake that serves as the foundation of the Subsquid ecosystem. It offers developers unparalleled access to on-chain data from over 100 blockchains, seamlessly integrated into a vast ecosystem of Web2- and Web3-native developer tools. Subsquid's commitment to permissionless data access, cost-efficiency, and scalability has made it the preferred data infrastructure provider for numerous projects within the blockchain industry.

About Neon EVM

Neon EVM is an Ethereum Virtual Machine operating as a smart contract on Solana, enabling developers to deploy Ethereum dApps with minimal code reconfiguration. By leveraging Solana's technical advantages, Neon EVM offers parallel processing, enhanced security, decentralization, and sustainability, unlocking new possibilities for dApp development on the Solana blockchain. For more information and updates, visit NeonEVM.org or connect with the community on Twitter and Discord.