Users Can Now Purchase NFT via ChatGPT, Says Solana Labs

• The plugin aims to facilitate the interactions of ChatGPT with the Solana blockchain.
• Solana Foundation incubates projects that unify blockchain and AI with a $1 million fund.

Solana Labs, the creators of Solana, enables the integration of OpenAI’s ChatGPT chatbot with the Ethereum scaling network through an open-source plugin. Chiefly, this launch lets users pull in Solana-focused data “directly from ChatGPT,” as per the announcement.

The company released the plugin’s source code on GitHub on Monday, welcoming developers to test and contribute to it. The teams stated that this would be installed as an “unverified plugin.” No official information on the public launch of this plugin to all users is available as of now.

Through this new plugin, users can retrieve data on account balances, details of NFT IDs, and the NFTs held on specific Solana addresses. In particular, this release is also primed to facilitate the transfer of crypto tokens and significantly purchase NFTs through the OpenAI-powered chatbot.

The integration of blockchain and artificial intelligence (AI) is seemingly the prioritized paradigm in the tech ecosystem. Undoubtedly, Microsoft-backed OpenAI’s ChatGPT has laid the foundation. Various crypto entities are curiously coming forth to accelerate this development.

On Monday, the largest crypto exchange Binance unveiled Sensei, its new AI Web3 mentor, to upgrade the way users learn about the crypto ecosystem. Similarly, the crypto trading platform FalconX launched a ChatGPT-powered crypto bot “Satoshi.” 

As per a tweet on Apr. 25, Solana Foundation allocated a $1 million fund to support the development of projects that combine the pros of blockchain and AI.

Solana Turning Bullish Amid Developments?

Following this announcement, Solana climbed up in the trend and market sentiment. Notably, on Twitter, it bagged a spot in the trending list with 57.7K tweets. Parallel to this, the price of Solana (SOL) spiked 4.8% in the last 24 hours to trade at $22.03 at press time. Over 392.8 million SOL held a market value of $8.65 billion. According to the data from TradingView, SOL entered the bullish zone by moving above the 50-day moving average (50 EMA).

On the other hand, the NFT sales volume in the Solana ecosystem surged over 118% since last week. Solana continues to rival Ethereum and dominate other prominent contenders – Polygon and Cardano.

On April 22, the sale volume peaked at a new high of 2023 – $9.96 million – owing to the famed NFT collection Mad Lads. This Solana NFT collection skyrocketed 42.17% in sales in the last 24 hours outperforming Ethereum’s popular Bored Ape Yacht Club. In 3 days, from April 19 to April 22, the Solana NFT ecosystem recorded a spike of over 515% from $1.62 million to $9.96 million. 

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