Despite a 30% drop in total value locked, the blockchain is poised for a triumphant comeback and has its sights set on reaching new heights.
DefiLlama Reports a $10 Billion Drop in Value for Decentralized Applications in April, as Solana Blockchain’s Total Value Locked Plummets. From a High of $4.64 Billion in March, TVL fell to $3.8 Billion. This Decline Coincides with a Decrease in Hype for Meme Coins and Bitcoin’s Dramatic Fall from its March Surge.
Despite the recent dip in activity, Solana is still shining bright in the eyes of Tristan Frizza, the visionary behind decentralized exchange Zeta Markets. With its impressive growth and potential to surpass its previous peak, Solana is on a clear path to success according to Frizza.
“Solana, as an ecosystem, is here to stay. It continues to be a leader in terms of active addresses, transactions, and volumes. The recent challenges with network congestion have served as a catalyst for improvements in the network, the user interface, and the speed of decentralized applications.”
Tristan Frizza, Founder of Zeta Markets
Solana aims make headway behind Stripe’s crypto re-entry
Exciting news has been buzzing around the crypto world as Stripe’s recent partnership with Solana and the successful demonstration of payments using the network have sparked a frenzy of anticipation.
According to industry experts, this is a strong validation of Solana’s potential to attract retail users and drive massive sales. With this momentum, Solana is poised to solidify its spot among the top three ecosystems in the current cycle.
“Solana’s ascent to a top three blockchain by market cap seems inevitable.”
Tristan Frizza, Founder of Zeta Markets
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Stripe makes a bold comeback to the world of crypto! After a three-year hiatus, the global payment giant has announced its triumphant return to the market. And this time, they’re bringing some serious firepower.
The Stripe is now allowing their customers to accept payments in USDC stablecoin on not just one, but three major blockchains – Solana, Ethereum, and Polygon. But that’s not all – with plans to expand their support to include other digital assets and blockchains, Stripe is set to revolutionize the way we handle transactions in the digital world.
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