Foresight

Solana

Base

The post <a href="https://coinpedia.org/information/bitget-launches-solana-hackathon-in-vietnam/" rel="noopener noreferrer nofollow">Bitget Bets on SOL Projects for User Base Growth, Launches Solana Hackathon in Vietnam</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Today Solana is considered one of the blockchains with the greatest growth potential on the market. The platform offers unparalleled transaction speed, low fees, scalability, and a growing ecosystem of dApps and NFTs, which continue to attract numerous developers.&nbsp;
This positions SOL similarly to ETH in its early days, as more developers and users flock to the platform. As a result, today’s successful SOL projects could potentially dominate the market in the future.
Recognizing this potential, many wallets and exchanges are increasingly investing in and partnering with emerging SOL projects. For instance, in June, payment giant PayPal <a href="https://solana.com/news/paypal-pyusd-on-solana" target="_blank" rel="noopener noreferrer nofollow">launched</a> its native stablecoin on Solana, enabling users to make low-cost payments that are processed in seconds.
In line with this trend, the leading cryptocurrency exchange Bitget has just announced the launch of a $30,000 <a href="https://dorahacks.io/hackathon/bitget-solana-hackathon" target="_blank" rel="noopener noreferrer nofollow">Solana x Bitget Hackathon</a> in Vietnam, aimed at supporting Solana-based projects with real-world use cases and Bitget Wallet integrations.
The hackathon will last throughout August and September. Besides just cash prizes, projects will also get a chance to pitch big VCs like Foresight Ventures.
Alvin Kan, COO of Bitget Wallet, stated,
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 The Solana Bitget Hackathon is a unique opportunity for developers and innovators to showcase their talent and creativity. By integrating Bitget Wallet into their projects, participants can tap into our vast user base and Dapp ecosystem, leveraging our platform’s comprehensive capabilities to bring their ideas to life. We’re excited to see the groundbreaking solutions that will emerge from this collaboration and the impact they will have on the broader blockchain community.
</blockquote>
Attracting the right developers to the ecosystem will be integral to driving Solana forward. Introducing these projects to Bitget and Bitget Wallet early on will provide them with a ready-to-use solution that much of the market is already familiar with.
Applications are open, and participants can apply using the following link<a href="https://dorahacks.io/hackathon/bitget-solana-hackathon" rel="noopener noreferrer nofollow">: </a>
<a href="https://dorahacks.io/hackathon/bitget-solana-hackathon" target="_blank" rel="noopener noreferrer nofollow">https://dorahacks.io/hackathon/bitget-solana-hackathon</a>.

Bitget Bets on SOL Projects for User Base Growth, Launches Solana Hackathon in Vietnam

CoinPedia News

Other articles published on Aug 19, 2024

Ethereum Price Drops After ETF Launch

Greenidge fights New York State

How One Crypto Trader Turned $16K Into $18M

On-Chain Analysis Reveals Suspicious $238M Bitcoin Transfer

Goldman Sachs cuts U.S. recession probability to 20%

Earn While You DeFi: A Quick Guide to Summer.fi’s New Points System $RAYS

Join our free newsletter for daily crypto updates!