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

by Jeremy

Solana is conducting pilots with Visa and Shopify, nevertheless it’s unclear whether or not the blockchain can break into extra mainstream client and business-to-business funds, which might require an enormous soar in scalability, the observe mentioned.

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

Learn extra: Stablecoin USDC Is Making a Comeback: Coinbase

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