Solana joins Bitcoin, Ethereum, and Tether on a platform enabling crypto payments across millions of merchants.
Solana’s Integration with Crypto Life Platform
Solana (SOL) has been added as a payment option for Crypto Life cardholders, expanding its use across 90 million merchants globally. The integration was announced on December 2, positioning Solana alongside Bitcoin, Ethereum, and Tether for real-world transactions. Crypto Life’s platform partners with both Web2 and Web3 leaders like Mastercard, MetaMask, and Ledger to facilitate digital asset payments, providing a bridge between cryptocurrencies and everyday purchases.
🚨 BREAKING: @solana is Now LIVE on CL Card! As the Solana ecosystem continues to grow, Solana is now integrated with the CL Platform! 🌟 Now, you can connect your Solana wallet to CL Card and use your crypto for real-world payments easily. Solana isn’t just a blockchain for…
Advantages of Solana in Payment Ecosystem
Its rapid transaction speeds and low operational costs were key factors in its selection. Its growing decentralized finance (DeFi) ecosystem further enhances the attractiveness of using SOL for payments. Crypto Life users can now seamlessly pay with SOL at merchants worldwide, highlighting the expanding real-world utility of cryptocurrencies.
gm! The Solana ecosystem keeps growing — @uquidcard now accepts USDT on Solana, enabling near-instant low cost payments for millions of products 💪
Market Impact and Solana’s Recent Performance
The momentum had been bolstered by the ongoing bull market, which saw a surge in meme coin activity and new product developments, such as Blinks. This contributed to this altcoin reaching an all-time high of $263 in late November 2024. However, following a market correction, SOL’s market cap slipped below Ripple (XRP), which now sits at $155 billion compared to SOL’s $105 billion.
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