Alchemy has acquired DexterLab to enhance the Solana infrastructure, which is used by major players such as Google, Chainstack, and the Solana Foundation.
The acquisition is part of Alchemy's efforts to scale its infrastructure for the expanding Solana ecosystem, with a focus on innovation and scalability as noted by Alchemy's engineering lead, Alexandru Minulescu.
Solana's rise, fueled by apps like Pump.fun, has attracted attention due to its scalable design supporting various applications. The deal with DexterLab enables Alchemy to meet the rising demand for Solana services.
Although the terms of the acquisition are undisclosed, the move is a significant part of Alchemy's strategy to fortify its blockchain infrastructure for the future.