Alchemy Acquires Solana Infrastructure Provider DexterLab to Advance Its Expansion Beyond Ethereum.

Background: Known as the "AWS of blockchain," Alchemy primarily offers development tools and infrastructure for Ethereum and EVM networks. DexterLab is a leading Solana infrastructure provider serving clients including Google, Chainstack, and the Solana Foundation.

Main Event: This acquisition will help Alchemy expand its enterprise-grade Solana services. Alexandru Minulescu, Alchemy's Head of Engineering, stated that the acquisition marks a significant milestone in Solana's development journey, with both parties aiming to accelerate ecosystem innovation through resource integration. DexterLab provides real-time data APIs and management services for the Solana mainnet, its SVM rollup, and sidechain ecosystems, addressing query latency issues caused by approximately 1 terabyte of data generated daily by the Solana Virtual Machine ecosystem.

Potential Impact: This acquisition reflects the rapid growth of the Solana ecosystem, especially benefiting from highly scalable consumer-grade applications like Pump.fun. Through this expansion, Alchemy further enriches its blockchain development platform's multi-chain support capabilities.

Alchemy, the so-called "AWS of blockchain," has acquired top Solana infrastructure provider DexterLab, used by Google, Chainstack, and the Solana Foundation. The acquisition will help Alchemy expand its enterprise-grade Solana services."This acquisition is a significant milestone in our Solana journey," Alexandru Minulescu, Alchemy engineering lead, said in a statement. "By combining expertise and resources, we'll scale our infrastructure and accelerate innovation across the ecosystem. What began as a collaboration nearly six months ago has evolved into a true partnership.”The move comes amid the rising prominence of Solana, largely driven by successful consumer applications like Pump.fun, which benefit from the blockchain’s highly scalable design.The terms of the deal were not disclosed.DexterLab provides managed web3 services for companies looking to monitor the Solana ecosystem. It provides raw data APIs, real-time data feeds, and other services for the Solana mainnet as well as the wider SVM rollup and sidechain ecosystem.The Solana Virtual Machine ecosystem generates approximately 1 terabyte of data per day, which represents challenges for "conventional RPC services," DexterLab notes on its website. The startup engages data centers across the world to offer lower latency for data queries.Alchemy is a blockchain development platform that provides tools and infrastructure — like SDKs, debugging tools, and validator support — to simplify the process of building and scaling decentralized applications and interacting with protocols. Since its launch, Alchemy has largely focused on providing solutions for Ethereum and EVM-based networks.

Alchemy Acquires Solana Infrastructure Provider DexterLab to Promote Multi-Chain Ecosystem Development