The Basic attention token surges 25% after the latest Solana network integration as we reported earlier, in our latest altcoin news today.
The Basic Attention Token surges as the crypto of privacy-centric browser Brave increased by 25% in the past day. BAT’s surge follows yesterday’s announcement that the browser will integrate with Solana as the fourth biggest crypto by market cap. According to the blog post on Brave’s website, the integration will see the Solana network become a default blockchain for the decentralized app support in the browser because of its high speeds and low costs. Brendan Eich as the CEO of Brave noted in the press release:
“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.”
Eich said that the integration had a more modest impact on the Solana price which is up by 1.7% in the past day and it increased by 21.6% over the past week as it hit a new all-time high of $260. Having reached 36 million active users in September, Brave has been quite busy and added new features in the past few months. Back in June, the browser launched Brave search and aimed to challenge google’s dominance of the search engine market with the privacy features like not collecting users’ IP addresses or personalizing the results that are based on the ID info.
Back in October, Brave Search became a default search engine in the browser and even replaced Google so the browser also introduced Brave Talk as a privacy-focused video conferencing feature.
According to the data pulled from App Figures, Brave is now the third-most downloaded internet browser right after Google’s Chrome and Opera with Brave being created using the same free and open-source codebase as Chrome.
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The announcement was quite bullish for the Basic Attention Token as well since it increased by more than 19% in one day. Solana’s native SOL in the meantime is down a little or 1.3% after hitting a record $260 price per coin over the weekend. Solana had a huge breakout this year and the cryptocurrency started trading for $2 at the start of the year but now increased to $249.
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