Chainlink plans to help accelerate web3 innovation on Solana with the launch of a new startup program dubbed Build on Solana. The Chainlink (LINK) program aims at boosting Solana (SOL) network adoption by supporting web3 projects focused on building on the layer 1 blockchain. Build on Solana targets teams leveraging the Chainlink standard to develop on Solana. Selected projects will benefit from expert guidance, technical mentorship, growth resources, and increased market visibility. “With Build on Solana, we’re deepening our collaboration with the Solana ecosystem to support teams that are building the next generation of onchain applications,” said Sheth Sanket, vice president of revenue & partnerships at Chainlink Labs. “We’re providing the infrastructure, resources, and community connections needed for projects to scale securely and reliably with Chainlink’s platform and Solana’s fast, composable network,” Sanket added. You might also like: Solana price rally stalls as new SOL ETF inflows rise Chainlink’s traction as a top industry platform has seen it integrate and collaborate with a huge number of projects. The oracle network’s partners are across the decentralized finance market as well as traditional finance. Major institutions that have tapped Chainlink’s technology include Fidelity International, ANZ Bank, and Swift. DeFi platforms such as Aave, GMX, and Lido also rely on Chainlink infrastructure. On May 14, 2025, banking and financial services giant J.P. Morgan tapped Chainlink and Ondo Finance to power its first cross-chain delivery versus payment transaction. Earlier, on-chain infrastructure platform Libre Capital announced collaboration with Chainlink aimed at expanding its tokenized funds. This new initiative means projects will have the opportunity to tap into Chainlink’s robust ecosystem for key growth milestones. Notable solutions include the Chainlink cross-chain interoperability protocol, Chainlink runtime environment, data feeds and data streams. The initiative is being launched in partnership with the Solana Foundation and is expected to drive innovation by offering infrastructure support and potential incentives. Chainlink says the program is open to both early-stage and established projects across decentralized finance, consumer applications, and infrastructure. You might also like: Chainlink launches new rewards program with Space and Time