Subsquid, a leading decentralized data lake and query engine for Web3, has announced an upcoming collaboration with Neon EVM. This partnership aims to provide decentralized application (dApp) developers with enhanced access to Neon EVM's on-chain data, marking the initial phase of Subsquid's foray into the Solana blockchain.

As part of this collaboration, Subsquid will integrate on-chain data sourced from Neon EVM into its decentralized data lake, which is secured by robust zero-knowledge (ZK) proofs. This integration will facilitate seamless access to existing data for developers building dApps on the Neon platform, empowering them to create innovative and efficient decentralized applications.

Neon EVM, an Ethereum-compatible environment implemented as a smart contract within the Solana network, offers a range of Ethereum solutions, including infrastructure and tools, signatures and accounts, as well as support for the ERC-20 token standard. By operating on the high-performance Solana network, Neon EVM aims to alleviate common challenges faced by Ethereum-based projects, such as lengthy waiting times, high gas fees, and limited liquidity.

Subsquid, a decentralized data lake and query engine, presents an alternative solution to centralized infrastructure companies like Application Programming Interface (API) service providers. It delivers a comprehensive suite of capabilities, including analytics, blockchain indexing, and application development tools. For builders, Subsquid provides cost-effective access to on-chain data sourced from more than 100 blockchains, seamlessly integrated into a broad ecosystem of developer tools native to both Web2 and Web3 environments.

The project's current partners encompass notable names such as Enjin, Manta Network, and Parity, with support for Ethereum and its Layer 2 solutions, as well as the substrate ecosystem, including Kusama and Polkadot.

The expansion to the Solana network represents a significant milestone on Subsquid's roadmap for the first part of 2024. In addition to this achievement, the platform further intends to debut its mainnet later this year, along with extending support for Cosmos and implementing permissionless dataset submission.

By joining forces with Neon EVM, Subsquid aims to empower dApp developers on the Solana blockchain with access to valuable on-chain data, fostering innovation and driving the growth of the decentralized application ecosystem. This collaboration underscores Subsquid's commitment to providing comprehensive and accessible solutions for Web3 developers across multiple blockchain networks.

As the adoption of decentralized technologies continues to accelerate, partnerships like this one between Subsquid and Neon EVM play a role in bridging the gap between different blockchain ecosystems, enabling developers to leverage the strengths of each platform while benefiting from seamless data accessibility and robust tooling.