Privacy-focused web browser Brave is looking to push into its Web3 architecture. Its latest update adds support for the Solana blockchain and its SOL and SPL tokens on the Brave Browser.
The team behind Brave had announced its plans for integration with Solana back in November. With its new browser version, users can buy, sell, and hold SOL and SPL tokens through the non-custodial payment platform Ramp.
Ramp allows users to buy crypto directly from their Brave Wallet instead of purchasing on crypto exchanges.
Ramp’s head of marketing, Greg McEwan said in the announcement:
“With the Ramp integration, Brave users will be able to spend more time doing what they love and less time on what was a painful process of converting their fiat currencies to crypto.”
Besides this, Brave is also expanding the utility of its crypto rewards token, Basic Attention Token (BAT). Moreover, users can earn BAT via opting in to see advertisements while browsing. As of now, BAT has more than 55 million monthly active users.
The BAT token is Ethereum & EVM compatible. Due to this, the token can be wrapped and used as an SPL token on Solana via Solana’s Wormhole bridge.
Wormhole is a communication bridge between Solana and other top decentralized finance (DeFi) networks. Moreover, existing projects, platforms, and communities are able to move tokenized assets seamlessly across blockchains and benefit from Solana’s high speed and low cost.
Moreover, in the future, BAT holders can use the token to buy and sell NFTs on the Solana NFT marketplace, Magic Eden.