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Solana Leads in Blockchain Payments, Faces Limitations, as Stablecoin Market Expands: Bernstein

April 9, 2024
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Solana is conducting pilots with Visa and Shopify, but it surely’s unclear whether or not the blockchain can break into extra mainstream shopper and business-to-business funds, which might require a large bounce in scalability, the notice stated.

“Scalability necessities for shopper funds would require 15-20 fold progress from right here (Solana ~700 TPS versus 10K+ for fee networks), and normal objective blockchains are but to cross that chasm,” the report added.

Learn extra: Stablecoin USDC Is Making a Comeback: Coinbase



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Tags: BernsteinblockchainexpandsfacesleadsLimitationsMarketPaymentsSolanaStablecoin
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