Solana Announces Payment Functionality, Here’s How It Looks In Action
Solana users will be able to leverage a new payment functionality. Per an official post from Sheraz Shere, Head of Payments at Solana Labs (SL), the network has the potential to achieve a long-term vision around payments. Related Reading | How Michael Jordan Will Bet On Solana’s NFTs With New App The post presents a […]
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A Solana investor has filed a class action lawsuit against major stakeholders in the Solana network for allegedly benefitting off SOL, the native coin of the blockchain, which, according to the claim, is an unregulated security. The filing was made in California by legal counsels representing a homeowner. Based on the specifics of the complaint, it […]
Anyone watching the charts recently will have noticed that Solana (SOL) has been on an impressive uptrend recently. The digital asset had grown from where it had been trending around the $88 price range and has once again made it above $100. While this is a welcome trend for the market, especially Solana investors, we […]
Solana has already cemented its reputation as one of the largest competitors of Ethereum which had earned it the nickname of ‘Ethereum Killer’. The community has run with this narrative and it has led to a fierce rivalry between the communities behind both networks. However, Solana founder Anatoly Yakovenko has actually come forward to debunk […]
Solana, being touted as the Ethereum killer, announced plans to add a payment method called Solana Pay to fix network congestion problems it has been facing. This service will allow direct use of dollar-backed cryptocurrencies. Solana Pay is an open protocol that aims to connect developers and online merchants for point-of-sale developments, enabling sellers and […]
Per an official announcement, payment giant VISA expanded its stablecoin settlement services to the Solana blockchain. The program is currently in a pilot and testing phase but looks to improve upon the capabilities of the legacy payment rails. Related Reading: Solana Co-Founder Pushes For SOL Token Redistribution From FTX To Bankrupt Exchange’s Users VISA Doubles […]