With lightning speed, low costs, and robust smart contracts, Solana is revolutionizing entertainment by tokenizing assets, powering NFT marketplaces, and enabling new models for content creation and distribution.
Solana’s price saw a boost from Visa’s adoption news, but it’s uncertain if this will reverse SOL’s longer-term downtrend.
Visa is working with USDC stablecoin and Solana blockchain to improve the speed of payments, with SOL crypto seeing a 4% gain.
Solana Pay’s integration with Shopify allows merchants to leverage low-fee WEB3 payments, marking an important milestone for Solana’s real-world usage that could increase network utility and demand for the SOL token.
Solana Pay’s integration with Shopify enables mainstream e-commerce businesses to easily accept fast, inexpensive USDC crypto payments and offer creative NFT-based loyalty programs.
Solana Labs’ GameShift toolkit simplifies blockchain game development for newcomers and traditional studios.
According to PeckShield’s report, the total value of stolen NFTs in June was $2.27 million, marking the lowest number of monthly NFT thefts in 2023.
Texas securities regulators have issued an emergency cease-and-desist order against Abra, alleging that the crypto lender has been insolvent since March 31, 2023, and engaged in securities fraud, while misleading the public.
Emerging technologies like blockchain and AI have become essential across various fields, and their convergence has the potential to generate significant benefits and advantages for businesses and daily life.
Solana Labs reports 97.4% stakeholder adoption of v1.14 upgrade, bringing significant improvements to user experience and performance, while co-founder Raj Gokal compares Solana’s potential to Apple’s focus on user experience and performance.
