Getting Real-Time Token Data from Solana Charts: A Guide
As a Solana blockchain trader or investor, you’re probably familiar with the excitement of real-time data and charts. However, navigating the vast array of APIs and services available can be overwhelming. In this article, we’ll explore how to get real-time token data to appear on your Solana chart.
What is real-time data?
Real-time data refers to information that is updated in near real-time, allowing you to quickly react to market changes. On the Solana blockchain, real-time data can include market prices, order books, and other relevant information.
CEX and DEX Services on Solana
CEX (centralized exchange) services such as Binance, Coinbase, and Bybit offer various APIs for accessing their markets. However, these APIs often require you to register or create an account with an exchange before they can provide real-time information.
Solana EVM API: The Game-Changer
Solana’s EVM (Ethereum Virtual Machine) API is designed specifically for decentralized applications and provides real-time data access without a centralized registry. This API allows you to connect your charting platform or trading software directly to Solana, providing instant updates.
Getting real-time data from Solana using EVM API
To get real-time token information on your Solana chart, follow these steps:
- Register for an EVM API Account
: If you haven’t already, register for a Solana-based EVM API account.
- Install Solana node: Use Solana CLI command
solana node
to install Solana node on your local computer. This allows you to use the EVM API.
- Connect to the blockchain: Use the installed node to connect to the Solana blockchain using the “solana geth” command. This allows the use of data in real time.
- Install Charting Platform or Trading Software: Choose a charting platform or trading software that supports the Solana EVM API (eg MetaTrader, TradingView).
- Set your API credentials: Set your API credentials using the Solana CLI command
solana key create --pubkey
.
- Use the API in your mapping software: Once connected to the blockchain and configured with API credentials, use the EVM API to retrieve token data in real-time.
Example Code
Here’s an example of using MetaTrader 5 (MT4) on Solana to give you a better idea of how this works:
const solana = require('solana-websdk');
// Create a new Solana client
const client = solana.createClient({ accountPubkey: 'your_account_pKey', cluster: ' });
// Get the EVM API instance
const evmApi = client.getEvmApi();
// Set your API credentials (replace with your actual Solana PUBKEY)
evmApi.setPublicKey('pubkey');
// Connect to the blockchain and get real-time information for a specific token
asynchronous function getTokenData() {
const { account, metadata } = await evmApi.getAccount({ pubkey: 'your_account_pKEY' });
return { name: 'Your token', price: account.price };
}
// Execute a function to retrieve identity information in real time
getTokenData().then((data) => console.log(data));
Conclusion
Solana’s real-time token data is now easier to access using the EVM API. By following these steps and using a charting platform or trading software, you can get instant updates on market prices and other relevant information. Be sure to check the documentation for your API client library and any necessary configuration settings. Happy mapping!