Subsquid to Collaborate with Neon EVM and Enter the Solana Blockchain

Subsquid, a data lake and query engine powered by Web3, has announced a strategic partnership with Neon EVM, a Solana-based platform. This partnership aims to simplify access to on-chain data for dApp developers and represents Subsquid’s first foray into the Solana blockchain. Unlike centralized API providers, Subsquid offers a secure alternative by providing blockchain indexing, app development, and analytics services. While initially supporting Ethereum and its Layer-2 solutions, as well as Substrate – Polkadot and Kusama, Subsquid is now expanding its reach to Solana. Through this partnership, Subsquid plans to integrate on-chain data from Neon EVM into its decentralized data lake, ensuring easier access for developers building dApps on the Neon platform. Neon, which operates as a smart contract on Solana, offers various Ethereum solutions, including accounts, signatures, tools, infrastructure, and token standards. By collaborating with Solana, Subsquid aims to address some of the limitations of Ethereum, such as high gas fees, limited liquidity, and long transaction times, by improving liquidity, scalability, transaction speed, and costs. This expansion to the Solana network is just the beginning for Subsquid, as they have more changes planned for this year, including the launch of a mainnet, support for Cosmos, and the introduction of permissionless dataset submission. Currently, Subsquid provides developers with permissionless and cost-efficient access to on-chain data from over 100 chains, and it seamlessly integrates into a wide ecosystem of developer tools, both Web2 and Web3 native.