Posted 1/28/2024, 11:30:00 AM
Solana Soars 2,700% in 3 Years With Solana Pay Launch, Shopify Integration, But Scaling and Security Risks Loom
- Solana (SOL) price up 2,700% in 3 years, outpacing Nasdaq gains
- Launched Solana Pay for low-fee, instant settlements between merchants and consumers
- Major win integrating with Shopify to reach e-commerce merchants
- Long way to go to reach PayPal's scale of 200+ countries and $1.6 trillion in payment volume
- Technical and security risks remain a concern compared to established players like PayPal