Solana Unveils Blockchain Links and Actions to Bring Meme Coins to the Mainstream

2024 has been a sparkling year for meme coins, if not somewhat obscured by the discourse around Bitcoin and spot ETFs.

Solana (SOL) is integrating new features into its ecosystem that will allow users to interact with meme coins and other crypto assets on social media feeds.

The integration, which is being carried out in collaboration with Dialect, will enable users to perform actions such as sending and receiving meme coins, making donations to causes, and compensating content creators directly via cryptocurrencies.

According to Dialect founder Anthony Zhang, Blinks are essentially blockchain links that act as a portal between a decentralised ledger and a third-party client, such as a social media feed, a crypto wallet or even an application like Discord.

A Solana Action creates an API that supports transactions on Solana via simple means such as “QR codes, buttons + widgets and websites.” From there, the blockchain link transforms that Action into a user-facing piece of data that can be interacted with, explained Zhang.

“For instance, if you wanted to integrate Solana Payments into a Reddit post, you could create an Action that allows users to send another user any SPL token (like USDC, SOL, BONK, etc) and then Blink that Action into the post,” he added.

The integration of Blinks and Actions is expected to simplify the use of cryptocurrencies for their intended purpose, which is to serve as a mainstream alternative to fiat currencies.

Despite the fact that users will still be required to create and maintain a Solana-friendly wallet, the new features will enable them to send small amounts of cash with just a click of a button. This capability is seen as a significant development for Solana.

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