Alchemy Acquires Solana Infrastructure Provider DexterLab

Alchemy, known as the 'AWS of blockchain', has acquired Solana infrastructure provider DexterLab, which counts Google and Chainstack among its users. This acquisition will enable Alchemy to enhance its enterprise-level Solana services. Alexandru Minulescu, engineering lead at Alchemy, highlighted this as a major step in their Solana expansion, allowing for increased innovation across the blockchain ecosystem. The deal terms remain undisclosed, yet it marks a strategic move amid Solana's growing popularity. DexterLab supplies web3 services for monitoring the Solana ecosystem, providing data APIs and real-time feeds. The Solana Virtual Machine ecosystem generates significant data, challenging conventional RPC services. With the acquisition, Alchemy continues its strategy of extending beyond Ethereum and focusing on scalable blockchain solutions.