The pursuit to become the top browser with a built-in crypto wallet and Web3 support is looking more packed as Opera announced a new move to claim that the top spot.
Opera via an official blog post announced a strategic partnership with Polygon to integrate with the Ethereum scaling solution. According to the announcement, the new partnership with Polygon (formerly MATIC) will onboard millions of users to Web3.
The collaboration which is scheduled to begin in the first quarter of 2022 is another of Opera’s recent Web3-focused partnerships. The integration is expected to boost Opera’s existence among Web3 supported browsers which are making great moves in the space.
As a result of the integration, Opera users will gain access to over 3,000 decentralized apps on the Polygon network. The blockchain network with currently has more than 80 million users will also be able to transact with $MATIC.
Also, the integration will enable Opera users to access Polygon bluechip Dapps which includes Sushiswap, Curve, Aave, Balancer, Kyber, among others. It will also provide the browser users with access to blockchain games and NFT platforms built on the Polygon network.
Furthermore, Opera’s inbuilt crypto wallet that already supports Ethereum Web3 API, will ensure seamless interaction with Polygon Dapps.
The browser further disclosed that the new features will initially be rolled out for Android devices before full launch. It intends to utilize Android’s top-notch security system lock to facilitate transactions for users.
Opera-Polygon Partnership To Boost Crypto Use Cases
In addition to securing its place as the top web3 supported browser, Opera has also noted that the partnership with Polygon will increase crypto use cases.
According to Opera, the integration will eliminate crypto-related challenges, invariably boosting crypto adoption and onboarding millions of users to web3. The browser also revealed that it chose Polygon because of its environment-friendly, scalable, and cheap network.
Jørgen Arnesen, Opera Executive Nice President Mobile expressed delight with the partnership. He noted that the integration will grant the browser massive users access to Polygon’s dApps and native token ($MATIC).
He said, “Our cooperation with Polygon will allow us to remove the biggest challenge that crypto-enthusiasts are now facing: high gas fees and slow transaction speeds.”
Arjun Kalsy, Polygon’s Vice President Growth also noted that the partnership will benefit users and the web3 ecosystem. Kalsy further asserted that the integration will ensure mass adoption of blockchain technology and cryptocurrency.
Opera’s Other Blockchain Partnerships
The browser which has been making giant moves in the blockchain space earlier announced a partnership with Solana.
Opera joins forces with @Solana!🚀 The integration will enable Opera Android users to enjoy seamless access to Solana DApps alongside low-fees and fast transactions within the ecosystem. You’ll be able to access it through Opera in Q1 2022. Learn more: https://t.co/XRkHUSYrLZ pic.twitter.com/viRDwpQwEq
— Opera (@opera) December 10, 2021
The partnerships will set it apart from other web3 supported browsers like privacy-focused browser Brave. Brave has been dominating the space for some time now as it is powered by its Blockchain and native token (BAT).
However, Opera’s new partnership and announcements indicate it is going to provide steep competition for the Brave browser. According to the announcement, its integration with Solana will grant its users access to Solana dApps which include:
- Audius, among others
Polygon’s native token, $MATIC, at the time of writing has rallied significantly and was trading at $2.60. The token rose by 8.1% in the last 24 hours after witnessing a brief drop.
Also, $MATIC has current market cap is $18.1 billion, and the 24-hour trading volume is $1.3 billion. It has a circulating supply of 6.9 billion MATIC coins and a total supply of 10 billion.
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