Hassan Maishera
On Wednesday, the Wormhole team announced via a blog post that Redstone has officially launched on Solana, expanding its modular oracle infrastructure with Wormhole Queries.
The move would enable Redstone to deliver fast, reliable price feeds for both traditional and crypto assets to Solana developers, with a special focus on real-world assets (RWAs) through its partnership with Securitize.
RedStone’s expansion to Solana utilizes Wormhole Queries to bridge the traditional finance gap, providing instant, verified access to cross-chain data. This allows developers to use highly attested Solana accounts and PDA data on-demand with the full security guarantees of the Wormhole Guardian network.
The integration also involves leading Solana protocols Kamino and Drift, which are incorporating RedStone’s oracle feeds.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.1007, down 2.6% in the last 24 hours.
