According to an official announcement, Brave browser is now supporting the Solana ecosystem in its efforts to make Web3 accessible to all. With the latest update, users can now buy, sell or store both solana (SOL) and Solana-based tokens (SPL) via the non-custodial payment platform Ramp.
Ramp allows users to buy crypto directly from their Brave Wallet instead of having to purchase crypto on an exchange like Coinbase or Binance and then transfer it to a wallet.
In addition to integrating the Solana ecosystem, the company also announced that it has partnered with Magic Eden, the NFT-based ecosystem so that users could use BAT tokens to purchase non-fungible tokens on Magic Eden's marketplace in the coming weeks. Holders of will BAT also be able to use the token to purchase NFTs on Magic Eden through the Brave Wallet or Phantom.
In the announcement post, Brave stated that it chose Solana citing its significantly lower transaction fees and faster processing times than the Ethereum network.