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Solana Becomes First L1 Blockchain to Adopt AI, But Launch Fails to Uplift SOL's Losing Streak

Solana has become the first L1 blockchain to integrate artificial intelligence (AI) through the newly launched ChatGPT plugin. This marks a significant moment in the convergence of AI and blockchain technology. However, the launch did not have a positive impact on the native token SOL, which continued its losing streak. Despite this, Solana remains the busiest blockchain in the ecosystem, processing over 21 million transactions in the last 24 hours. Additionally, the Solana Foundation has increased funding for its AI-focused grants program from $1 million to $10 million to encourage developers to unlock new possibilities of Solana blockchain and AI convergence.

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