SOL Tallies 5% Gains In One Day After Shopify Integrates Solana Pay
Following the recent downtrend in the crypto market, Solana’s native token, SOL, recorded heavy losses in the past few days. But now the token’s price moves on the daily chart showed the formation of a green candlestick yesterday after many days of posting vivid red ones. According to current stats, SOL’s price has decreased by over 7% in the past week. But from August 23, the coin started an uptrend reflected in its 24-hour price change of 5.75% today, August 24. Notably, the recent news about Shopify’s integration of Solana Pay seemingly reignites....
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Popular e-commerce platform Shopify announced earlier today it would add a bitcoin payment option for its sellers. With a base of over 70,000 online stores, the number of goods that can potentially be purchased with bitcoin has expanded once again. With current values putting 1 BTC at almost $340, bitcoin has moved back onto the mainstream radar. Acceptance by a large commercial presence like Shopify could see even more heads and opinions turn bitcoin's way. Bitcoin payments via BitPay will be offered as an option for merchants immediately*, but they will need to request activation....
Merchants using Shopify as their e-commerce platform now have the opportunity to accept bitcoin payments thanks to an integration with San Francisco-based Coinbase's merchant services starting today. The way it works is simple: the merchant signs up for an account on Coinbase, enables the integration on the Shopify backend, and then enters their credentials to complete the process. From there, it's bitcoin madness. Already, four merchants have decided to use the integration. They are: Leap Motion, Boosted Boards, Soylent, and iOgrapher. A statement from Soylent on the integration: We have....
A recent report from Techcrunch noted the integration between Solana and Shopify. One of the largest marketplaces in the world, the cooperation will enable millions of businesses and customers to use digital assets for their purchases. Related Reading: Solana In Turbulence: Analyzing The Death Cross And What Lies Ahead Solana Enters The Mainstream With Shopify Cooperation? Speaking with the media outlet, Josh Fried from the Solana Foundation highlighted that the Pay supported by stablecoin USDC is the first to integrate with the marketplace. This digital asset was chosen due to its low....
Novel can deploy smart contracts over the NFT collections and make them available to users for purchases on the Shopify storefront. Major global e-commerce platform Shopify announced a partnership with Novel, a no-code Web3 commerce platform, to make Web3 technologies accessible and approachable for all merchants.As part of the partnership, Novel launched an app on the Shopify App Store, which equips existing merchants on Shopify with tools to experience Web3 innovation in ecommerce without any technical knowledge or time and monetary commitments.The Novel Shopify app delivers two primary....