Solana
Solana Joins Terraform’s Pulsar Finance Multi-Chain Wallet Tracker
Multi-chain wallet tracker Pulsar Finance has added Solana to its list of supported blockchains.
With the integration of Solana, the platform now supports 100 blockchains.
“As the Web3 space becomes more fragmented, the need for a unified asset management solution becomes critical,” Eduardo Alves, founder of Pulsar Finance, told crypto.news.
Solana-based meme coins have been in the spotlight lately, with several tokens seeing massive price hikes.
For example, Pink dogwifhat by 400% in March, while Lucky Boo, another community memecoin, sold out its first presale round in just a few hours. With several other memecoins being launched and several projects migration to the networkthere is a growing need for effective portfolio management.
Alves pointed out that existing solutions either exclusively support Solana or don’t support it at all, making asset management cumbersome.
“Solana portfolio trackers like Step Finance are very specialized and only support Solana,” Alves noted, adding that “the biggest portfolio trackers on the market like DeBank and Zerion do not work on Solana because they do not support load than EVMs”.
He highlighted that Pulsar Finance fully supports Solana as well as other ecosystems such as EVM, Cosmos, SUI and Near. This means users don’t have to juggle multiple platforms.
“We save users countless hours by streamlining their asset management, all for free,” remarked Alves.
Founded in 2021 and acquired by Terraform Labs at the end of 2023, Pulsar Finance has expanded its offering. The portfolio management tool is now integrated into Terraform cross-chain wallet and its data services are merged with Terraform’s infrastructure tools
THE Solana The integration follows the recent rise in the cryptocurrency’s market value, with growth of 1,500% since the start of 2023.
The token also saw a 80% increase its trading volume to $5.5 billion on May 20, pushing its market capitalization to $80.5 billion and strengthening its position as the fifth largest cryptocurrency.