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Home»Blockchain»Internet computer Woos Blockchain Devs with Solana Access in the middle of the drop in onchain activity
Blockchain

Internet computer Woos Blockchain Devs with Solana Access in the middle of the drop in onchain activity

June 20, 2025No Comments3 Mins Read
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Intelligent ICP -based intelligent contracts can now send and receive data from the Solana network without counting on bridges or third -party tools.

Blockchain developers on the Internet Computer (ICP), who have raised $ 80 million in eminent venture capital companies like A16Z and Polychain Capital, can now connect directly to Solana’s blockchain.

The latest update allows intelligent contracts based on ICP, known as canistères, to send and receive data from the Solana network without relying on bridges or third -party tools, Dfinity, a non -profit organization based in Switzerland which supports ICP, wrote in a blog article on Wednesday.

The update also means that intelligent ICP contracts can operate on several networks, such as Bitcoin, Ethereum and Solana, all without bridges or cross -intermediaries.

At the heart of integration is a new tool called “Threshold Edsa”, which allows cannters to create valid Solana transactions using the same type of signature as Solana normally awaits. This is associated with the RPC Sol box, a service that recovers the data from Blockchain Solana using Outcal HTTPS.

“The publication of RPC Sol Canistères marks the completion of the milestone of ICP helium which allows intelligent contracts on the Internet computer to interact with Solana’s blockchain,” said Dfinity.

Integration occurs when the key measures of the ICP have been in a prolonged downward trend.

Onchain’s activity decreases

The ICP token was not imperturbable by the news, lowering more than 2%, according to Coingecko.

The chain activity on ICP also remains silent because Defillama data show that the total value locked in the network has dropped regularly since the start of 2025, down more than 50%, going from $ 55 million in January to 27 million dollars in June.

TVL and DEX volume of the ICP
TVL and ICP TV volume | Source: Defillama

Until now, in June, the total trading volume on the decentralized ICP scholarships fell below $ 20 million and has been heading to its lowest point since June 2024.

The drop occurs after the ICP has published record quarterly income for three consecutive quarters. As the Deviant reported previously, the turnover of all time on the network was $ 1.16 million in the first quarter of 2022, reaching 1.25 million dollars in the third quarter of 2024, then $ 4.1 million in the fourth quarter of 2024.

However, most ICP users now seem favorable to active active ingredients and liquid implementation protocols on trading. The two main protocols – Orygon and Waterneuron – contain together almost four times the total value locked by any other application on the network, according to Defilma data.



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