Solana Gets Chainlink Oracles to Expand Use Cases for Devs

The Solana ecosystem now supports oracles from Chainlink that allow blockchain developers to embed into their decentralized applications off-chain data.

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The company said in a press release that initially the network will only support the Chainlink Price Feeds oracle that gives developers such data as BTC/USD, ETH/USD, USDC/USD market quotes.

In the coming months, Chainlink plans to expand the list of oracles, adding other services such as Proof of Reserve and Verifiable Random Function.

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Sergey Nazarov, Co-Founder of Chainlink, said that the integration is a “major leap forward for the kind of scalable, institutional-grade, DeFi applications.”

The partnership comes just a few days after Solana crashed once again this year, triggering SOL’s price to tumble for a moment by 12% below the $40 mark. The project’s official Twitter page said the reason behind the outage was due to a “bug with the durable nonce feature of the blockchain” which made the developers to halt the network.

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