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Altcoins & DeFi

Solana Energy Boosts $200B Market With 40GW Tokenized

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Solana Energy is bringing Brazil’s clean energy bounty on-chain as marketplace startup Exa moves its excess renewable electricity to Solana, rolling out a platform that tokenizes surplus clean power and connects power plants directly with end users seeking cheaper energy. The announcement from Solana is the latest example of an on-chain real-world asset expansion for the blockchain network, this time focused on the energy market in Latin America’s largest economy. Solana Energy-powered Exa targets a market inefficiency in Brazil’s $200 billion electricity market.

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