On Saturday, Google Cloud, a part of Google, stated that it is currently operating a validator on the Solana blockchain and that it will soon introduce features geared at luring Solana developers and node runners.
Google Cloud revealed on Twitter that it will provide its Blockchain Node Engine to the Solana chain in 2023 in addition to operating a Solana validator to participate in and validate the network. The provider’s fully managed node hosting service, called the Blockchain Node Engine, already works with the Ethereum blockchain.
In response to the announcement, Solana (SOL) gained 12% and was trading at about $36.80 at the time of writing.
At Solana’s Breakpoint conference in Lisbon, Google Web3 product manager Nalin Mittal stated that they wanted to make it simple and inexpensive to run a Solana node. According to Mittal, Google Cloud would offer up to $100,000 in Cloud Credits to selected entrepreneurs in the Solana ecosystem as part of its credits programme.
Solana’s founder Anatoly Yakovenko applauded Google for giving Solana a “big lift” by integrating it with BigQuery on stage at Breakpoint. Yakovenko mentioned improving SDKs to accelerate application development and tackling the “unsolved problem” of storing seed phrases when asked how Google can help with engineering issues.