Filecoin, a peer-to-peer file storage network, is partnering with Solana, a platform known for its smart contracts, to offer decentralized blockchain storage solutions.
On the social media platform X, Filecoin’s team shared that this collaboration with Solana will significantly boost the latter’s functionality, posing a strong alternative to Ethereum and pushing forward the decentralized storage concept.
“Integrating with Filecoin marks a pivotal departure from centralized storage options for Solana, enhancing both its reliability and scalability. This partnership allows Solana to improve access and utility of its block history for infrastructure providers, explorers, indexers, and those requiring historical data.
Thanks to Filecoin’s decentralized storage, Solana is set to achieve greater data redundancy, scalability, and security, reinforcing its commitment to decentralization. This joint effort highlights the potential of blockchain networks to forge stronger, more dependable ecosystems for users and developers alike.”
Solana’s founder, Anatoly Yakovenko, highlighted the critical role of the remote procedure call (RPC) service Triton One in facilitating this partnership.
“I’m thrilled about this launch. A big shoutout to Filecoin for their excellent work on the decentralized archive layer and to Triton One for their extensive efforts to make this happen.”
Currently, FIL’s trading price is $6.24, reflecting an 8.54% increase over the last 24 hours, whereas SOL is valued at $108.82, experiencing a slight decline in the same period.