Blockchain development platform Alchemy acquires Solana infrastructure service provider DexterLab

Mars Finance News: According to The Block, blockchain development platform Alchemy recently announced the acquisition of Solana infrastructure provider DexterLab to expand its enterprise-level services in the Solana ecosystem. DexterLab provides Web3 data monitoring services for institutions such as Google, Chainstack, and the Solana Foundation, including raw data API and real-time data streaming solutions. Alchemy's engineering lead stated that this acquisition will integrate the technical resources of both parties, enhancing the infrastructure scale and innovation speed of the Solana ecosystem. With applications like Pump.fun driving the activity of the Solana ecosystem, its virtual machine network generates approximately 1TB of data daily, posing challenges to traditional RPC services. The terms of the transaction were not disclosed. Alchemy, which previously primarily served Ethereum and EVM-compatible chains, takes an important step towards a multi-chain strategy with this acquisition.