Basic Attention Token (BAT) up by 25% following a partnership with Solana

  • Basic Attention Token (BAT) has rallied by nearly 25 percent in the last 24 hours after partnering with Solana.
  • The partnership will allow for over 42 million monthly users and 1.3 million content creators in Brave to access Solana DApps.

The Basic Attention Token (BAT) has gained more than 20 percent in the last 24 hours following the announcement of a partnership between the Brave Browser and Solana. This was confirmed by executives from Brave and Solana Labs at the Solana’s Breakpoint conference in Lisbon, Portugal. The Brave browser will integrate with the Solana network and feature Solana decentralized applications (DApps) on its browser. Similarly, Solana will promote the adoption of BAT, the native digital currency of the Brave Browser.

Brave Software, the company behind the Brave browser shared the news on Twitter igniting excitement around the two projects.

Brendan Eich, CEO, and co-founder of Brave shared this about the partnership;

With more and more users and creators requiring tools for fast and affordable access to the decentralized Web, this integration will seamlessly pave the way for the next billion crypto users to harness applications and tokens.

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CEO of Solana Labs, Anatoly Yakovenko noted that for billions of people, the mobile web will be their gateway to Web3 as such it would be key for Solana to do deep integration with browsers to help DApps build the best web experiences.

Solana has been enjoying massive excitement in recent weeks which has propelled its native digital currency SOL to reach a new all-time high. SOL reached its all-time high late last week after climbing above $260. At the time of press, the coin has corrected and is trading for around $250. The recent development had little effect on price with the token recording a less than 2 percent price change in the last 24 hours.

Related: Investor backing, NFT, and DeFi Boom help push Solana (SOL) to new ATH

BAT on the other hand after the 20 percent is at the time of press exchanging for $1.25. Unlike SOL which recently set a new all-time high, BAT set its high about 7 months ago. At the current price, the token is still 25 percent shy of the $1.65 high.

The Brave browser has since its launch in late November been a prefered option for many users because it can automatically block online advertisements and website trackers in its default settings. Its privacy features are much welcome in a world that is increasingly in need of online privacy and protection from data breaches.

Related: Robinhood suffers data breach with 5 million customer emails exposed

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John Kiguru is an astute writer with a great love for cryptocurrency and its underlining technology. All day he is exploring new digital innovations to bring his audience the latest developments.

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