Actions are new application programming interfaces (APIs) from Solana that let you incorporate blockchain transactions into any web-based setting. Instead of using OpenSea or sending $SOL via text, you can purchase NFTs on X.
These actions benefit all Solana tokens and are a huge step toward crypto acceptance. Solana aims to attract users from beyond the crypto world by making its ecosystem more accessible by eliminating specific crypto apps. Now that we know about the Solana Actions upgrade, let’s examine how it impacts the whole network.
About Solana Actions
Token exchanges, NFT purchases, and voting on governance proposals are all examples of on-chain transactions that typically require a dedicated software. Cryptocurrency acceptance is usually limited to people with a strong technical background, as newcomers are sometimes intimidated by sophisticated interfaces and concepts like “gas fees” and “blockchain protocols.” In addition, cryptocurrency transactions cannot be reversed. People worried about losing a lot of money choose tried-and-true banking programs.
The goal of Solana Moves Into Blockchain is to simplify the process of making cryptocurrency payments and to eliminate the steep learning curve that newcomers to the industry face. Any platform’s native buttons, QR codes, or URLs can be used to conduct transactions with actions. Nevertheless, Solana’s Actions extend beyond monetary transactions. Now you can perform anything you can do on-chain and off-chain. This includes voting, staking, swapping, and minting.
Impact on the Ecosystem
Shortly, Solana Actions may simplify the execution of transactions on all our beloved platforms, including Amazon and Discord. However, the Solana ecosystem tokens are required because this can only be done on the Solana chain.
This year has been bullish for $SOL, with a price growth of 709% compared to 79% for $ETH and 102% for $BTC. The value of $SOL will be even more boosted by increased demand, which might lead to a return to the $200 level it attained in March. Solana Moves Into Blockchain could cause a domino effect to appear in other parts of the network.
Several Solana meme and utility coins experienced explosive growth in 2024:
- $WIF by 1,093%
- $BONK by 5,951%
- $BOME by 913%
- $POPCAT by 2,786%
- $LINK by 127%
- $RNDR by 258%
- $AR by 403%
Solana Actions and the new ZK compression release, which improves scalability and reduces transaction costs, may redefine the user experience of blockchain. Building a $SOL ETP is an additional link connecting Web3 and conventional finance, using $SOL as its central component.
Impact on Sealana
Presale tokens such as Sealana ($SEAL) may also gain from developments within the Solana ecosystem. The final chance for investors to purchase tokens before the airdrop and initial DEX listing on July 2 is being presented by $SEAL, which has raised over $6M. The $SEAL team was unaware that Solana would consecutively roll out multiple revolutionary improvements. But fortunes have smiled on the project. After listing, $SEAL could see a significant spike due to enthusiasm for Solana Actions and ZK compression upgrades.
The current US presidential race couldn’t have come at a better moment for $SEAL’s satirical take on American patriotism. In 2024, $SEAL is a top meme currency to acquire because of its excellent meme appeal and the emergence of Solana. Head over to the official website, link your wallet, and input the desired quantity of tokens. And confirm the purchase to acquire $SEAL before the presale closes.
Summary
This is a giant leap forward for the entire crypto world, especially for the Solana ecosystem. Updates of this scale affect how we interact with the blockchain. The Solana platform enables widespread usage of blockchain technology by providing developers with the means to design intuitive user interfaces.
