The Solana Foundation announced on Tuesday the development of an open-source reference implementation that enables direct interaction with the Solana network through ChatGPT. This integration, created by Solana Labs, serves as a valuable example of how artificial intelligence (AI) can enhance the understanding of Solana data, protocols, and computing infrastructure, as well as provide insights into decentralized finance (DeFi) projects. The accompanying plugin can be downloaded from Github and offers various functionalities, including the ability to purchase NFTs, transfer tokens, inspect transactions, interpret public account data, and search for NFT collections based on floor prices.
Anatoly Yakovenko, Solana co-founder and CEO of Solana Labs, emphasized that AI has the potential to make the Solana blockchain more user-friendly and comprehensible. He encouraged developers building consumer-oriented applications to consider how their apps can be integrated with AI models, as it represents a new paradigm for instructing computers.
Solana has experienced a significant surge in activity this month, partly driven by higher fees on Ethereum and Bitcoin, which have prompted users to explore alternative networks. According to data from The Block, the seven-day moving average of new addresses on the Solana network reached 323,000 last week, the highest number since June 2022. The network has also witnessed a higher number of new addresses this month compared to the past six months combined.
The native SOL token of Solana has demonstrated a remarkable recovery after experiencing significant declines last year following the collapse of the FTX crypto exchange. Year-to-date, the SOL token has risen by 101%. On Tuesday, it saw a 2.6% increase and was trading at $20.03, according to TradingView.
In line with these advancements, the Solana Foundation has expanded its previously announced AI-focused strategic grants program from $1 million to $10 million. The foundation has already received 50 applications and continues to accept new project proposals. Additionally, the foundation has initiated a three-month-long accelerator program for university students, with a dedicated cohort focused on experimenting with blockchain and AI.