Google Cloud Brings Solana Data to BigQuery Platform
Google Cloud’s latest move to integrate Solana’s blockchain data onto its BigQuery platform has sent SOL prices soaring overnight.
Google Cloud Brings Solana Data to BigQuery
On the evening of November 5th, Google Cloud teased a partnership with Solana, which immediately triggered a surge in SOL’s price. An hour later, Google Cloud officially confirmed its role as a validator for Solana through the BigQuery platform, marking a new chapter after adding Bitcoin data nine years ago.
Hey @aeyakovenko 👋
— Google Cloud (@googlecloud) November 5, 2022
Should we tell our followers the big news?
In simple terms, blockchain data from Solana will now be accessible on Google’s cloud platform. The integration with Google BigQuery, scheduled to launch in Q1 2023, will make it easier for developers to analyze Solana’s on-chain data, according to Nalin Mittal, Google Cloud’s Web3 lead, speaking at Breakpoint (Lisbon).
Did you think we only had one announcement? Think again.
— Google Cloud (@googlecloud) November 5, 2022
Google Cloud is working with @solana to bring Blockchain Node Engine to the Solana chain next year, so it will be easy for anyone to launch a dedicated Solana node in the cloud ↓ https://t.co/CzrM90fQpp
Google BigQuery is a powerful data warehousing and indexing tool that allows for in-depth data analysis. This capability extends across multiple blockchains, enabling comparisons and tracking between different networks. Previously, Google Cloud integrated Polygon’s data in May 2021 and Ethereum’s data in 2018.
This new integration is a significant step as Google Cloud aims to further align its network with its Blockchain Node Engine service, starting with Ethereum. This move underscores Google Cloud’s deepening investment in the Web3 space.
Following the announcement, Solana (SOL) experienced a strong price increase, approaching its peak from September 13th, and is currently trading around $37.05.
1H chart of SOL/USDT on Binance as of 06/11/2022
