Cryptocurrency native to Solana, SOL, gained 4% in the past day and 10% in the last week (to exchange for $38) after Google Cloud joined the blockchain as a validator.
- In a tweet from November 5th, the cloud computing service provider said it was operating a block-producing Solana validator for transactions.
- Google Cloud is also planning to host Solana nodes on the cloud, says the post. The computing platform added that it was planning to bring Blockchain node Engine – a node hosting option – to the Solana chain next year.
Google Cloud to Add Solana Index Support
- Besides transaction validation, Google cloud is also keen on enhancing Solana data. The announcement pointed out that the platform will index the data for easy access of the blockchain’s historical info.
- Last month, Google announced cryptocurrency payments in a deal with crypto exchange Coinbase. The partnership included Coinbase’s support for Google in institutional-level custodial wallets and trading services through Coinbase Prime.
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