Google Cloud, the cloud service provider behind leading corporate giants including Twitter, Deutsche Bank and United Parcel Service (UPS), says it’s working on several new projects that support the Solana (SOL) ecosystem.
In a series of tweets, Google’s cloud computing division says that it is now running a validator node on the Solana blockchain to help support the network.
“Google Cloud is running a block-producing Solana validator to participate in and validate the network.”
Solana will also be powered by Google’s newly-launched Blockchain Node Engine, a fully managed node-hosting service designed for web3 organizations.
Says Google Cloud,
“Ensuring that blockchain infrastructure is ready and available, typically means having a DevOps team on-hand to monitor the system and remediate problems during an outage. Blockchain Node Engine is a fully managed service, which can mean you don’t have to worry about availability. Google Cloud actively monitors the nodes and restarts them during outages as needed.”
Solana’s primary competitor, Ethereum (ETH), will be the first blockchain to be supported by this service, according to the tech giant.
Google Cloud also says BigQuery, Google’s cloud-based big data analytics web service for processing very large read-only data sets, will rollout support for Solana sometime in 2023.
“Google Cloud is indexing Solana data and bringing it to BigQuery next year to make it easier for the Solana developer ecosystem to access historical data.”
Solana rallied from $30.85 to a high of $38.74 following the announcement, but the gains were ultimately short-lived. SOL is now trading for $31.23, down by 11.94% over the past 24 hours.
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/studiostoks
