Pulsar Finance, a leading multichain portfolio tracker, has expanded its supported blockchains with the addition of Solana, marking a significant milestone as the platform now boasts compatibility with 100 blockchains.

Eduardo Alves, the founder of Pulsar Finance, emphasized the growing necessity for a unified asset management solution in the increasingly fragmented Web3 space. "As the Web3 space becomes more fragmented, the need for a unified asset management solution becomes critical," Alves told crypto.news.

The integration of Solana into Pulsar Finance's ecosystem comes at a time when Solana-based meme coins are gaining significant attention, with several tokens witnessing remarkable surges in prices. Notable examples include Dogwifhat, which surged by 400% in March, and Lucky Boo, a community-driven memecoin that sold out its first presale round in mere hours. As more projects launch and migrate to the Solana network, efficient portfolio management solutions have become imperative.

Alves highlighted the challenges faced by users in managing their Solana assets, noting that existing solutions are either exclusively tailored to Solana or do not support it at all, resulting in cumbersome asset management processes. He pointed out that while Solana portfolio trackers like Step Finance cater to a niche audience, mainstream portfolio trackers such as DeBank and Zerion do not support Solana as they are designed exclusively for Ethereum Virtual Machines (EVMs).

Pulsar Finance fills this gap by offering comprehensive support for Solana along with other ecosystems such as EVMs, Cosmos, SUI, and Near, enabling users to manage their assets seamlessly across different blockchains without the need for multiple platforms. Alves emphasized the platform's commitment to streamlining asset management for users, providing a user-friendly experience free of charge.

Founded in 2021 and acquired by Terraform Labs in late 2023, Pulsar Finance has expanded its offerings to integrate with Terraform's cross-chain wallet and infrastructure tools. The integration of Solana into Pulsar Finance's multichain portfolio tracker aligns with the cryptocurrency's recent surge in market value, growing by 1,500% since the beginning of 2023. With an 80% surge in trading volume to $5.5 billion on May 20, Solana has solidified its position as the fifth-largest cryptocurrency by market capitalization, further underscoring the significance of its integration into Pulsar Finance's platform.