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Wednesday, June 5, 2024
HomeCryptoSolana attracts attention from organizations

Solana attracts attention from organizations

Solana's non-voting transactions hit a yearly high

Following its recent integration with PayPal’s PYUSD, Solana is likely to see increased institutional interest amid the burgeoning SOL token scene. One executive recently discussed the natural affinity between the Solana network and organizations looking to enter the blockchain space.

Robinson Burkey, co-founder and chief commercial officer of the Wormhole Foundation, recently discussed Solana’s popularity. Indeed, Burkley notes that what happened recently with PayPal could be the beginning of similar developments taking place in the coming years. It could then have a major impact on SOL and its future price movements.

Throughout this year, Solana has experienced remarkable growth. 2024 sees growing interest in meme coins, with the Solana network hosting some of the most popular emerging coins. Furthermore, it has had some achievements outperforming Ethereum in terms of DEX volume, cementing its position in the modern Web3 landscape.

Mark Tyson
Mark Tyson
Freelance News Writer. Always interested in the way in which technology can change people's lives, and that is why I also advise individuals and companies when it comes to adopting all the advances in Apple devices and services.
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