Opera is about to endorse Solana and aims for the dominance of web browsers
The Opera browser offers Solana support. Users have a wallet and are fully compatible with decentralized applications (dApps).
This partnership comes as Brave and Opera Browser want to dominate the Web 3 browser.
In an official blog post on Friday December 10th, Opera announced a partnership with Solana Labs to support this popular blockchain. Accordingly, the browser will launch its own Solana wallet along with all the dApps in the ecosystem.
Solana shakes hands with the Opera
Team opera said The integration is expected to take effect in the first quarter of 2022. After that, users will be able to enjoy all the benefits of blockchain without restrictions directly in desktop and mobile browsers.
Still, it’s no surprise that Opera is interested in Solana. Since at least 2018, the browser has implemented a targeted reach plan aimed at supporting cryptocurrency, blockchain technology, and Web 3.
Consequently, this news does not seem to worry the market too much. Opera shares closed at $ 7.24 on Friday, down 4.36%, after a modest rise of $ 6.96 earlier in the week.
OPRA Stock Price Chart | Source: Tradingview
The SOL price also did not react and continued the downtrend that began in early November immediately after the ATH. Solana’s token closed the day at $ 166.97, down 7.86%. At time of writing, the price is up to $ 170.43 but is still nearly 35% below ATH and nearly 20% on the weekly chart.
Graphic gSOL 4 hours | Source: Tradingview
Opera and Brave: Battle for the Internet3
As you know, Web 1 allows users to consume the content provided by a website, and Web 2 allows users to interact through a centralized platform. Meanwhile, in Web 3 there is no centralized block that controls the interactions and communications that have become possible thanks to technologies such as blockchain with data transmission on the network without sources of errors.
Some examples of development focused on Web 3 are Sapien, UjoMusic, Storj, Filecoin, Hive, and Minds.
Despite the controversy, Brave has been the king of crypto browsers for a while. The browser even has its own blockchain, and the BAT token serves as the foundation for the entire ecosystem, making it easier to advertise and promote content, reward users for viewing ads, and allow the community to reward high-quality content creators.
Opera, however, takes a more down-to-earth approach. You are not developing cryptocurrency and you do not want to create something new. Instead, the browser is geared towards Web3, which no one else has. In addition to Solana, Opera has its own crypto wallet, dApp support and other features aimed at introducing blockchain.