Visa Shines Gentle on Solana (SOL) Stablecoin Transaction Expansion

Hey there, payment tech enthusiasts! Visa has recently highlighted the increase of Solana (SOL) in the stablecoin scene.

Check out out the Visa Stablecoin Dashboard for some juicy facts. It looks Solana is earning waves, specially with USDC transactions escalating.

Solana outshines the levels of competition

Term on the street is that Solana’s stablecoin transactions have outpaced other gamers like Tron and Binance Clever Chain (BSC).

In the previous month by itself, Solana clocked in about 69 million stablecoin transactions. Look at that to Binance Wise Chain with 47.2 million and Ethereum with a measly 2.3 million. Looks like Solana is successful above massive buyers with its community pros tailored to stablecoin end users.

The future’s wanting vivid for Solana. How substantial it climbs will hinge on market place vibes write-up-halving, job updates, and irrespective of whether customers can hold pushing individuals costs skyward.

Solana tackles congestion head-on

Lately, Solana built headlines by rolling out a video game-modifying congestion resolve on its mainnet. Enter the v1.17.31 update, now up for grabs for MainnetBeta validators.

This enhance spells fantastic information for Solana as it nips congestion issues in the bud. Prior to this launch, builders and validator clientele hustled to repair network troubles on the testnet. With this band-assist, many paused assignments are revving up to launch, driving on the secure network.

The excitement all around the Solana congestion fix despatched SOL’s selling price soaring by 9.24% to $154.43 past week. Even though it can be not leading the pack in market place recovery, the relief and self esteem from the resolve need to give SOL a leg up in the lengthy operate.