Solana Gains Traction in Payments Sector Amid Rising DeFi Liquidity
Solana is gaining traction in the payments sector, thanks to its expanding DeFi ecosystem and recent partnership with MoneyGram.
MoneyGram has over 60 million customers and a presence across 170+ countries, making it one of the world's largest payments networks.
The partnership looks strategic, allowing Solana to leverage its fundamentals and drive more on-chain activity. With network activity already hitting new all-time highs, including 171 million daily non-vote transactions and 2,000 real-user TPS, the odds of Solana setting another transaction milestone by the end of Q3 are increasing.
Liquidity on the network is shifting, with top-tier issuers positioning themselves to capitalize on growing momentum. Tokenized supply on Solana has hit a new all-time high, with Tesla and Circle remaining the largest tokenized equities by supply.