Solana Resists Below $110 Zone Amid Growing Stablecoin Importance

Solana's price has remained above $103 in recent days, supported by sustained interest and expanding use cases beyond trading.

The network is moving towards facilitating real-world payments, with a recent update highlighting its growing role in the ecosystem.

MoneyGram CEO Anthony Soohoo will share insights on how the company leverages Solana's low fees and fast settlement speed to reshape cross-border payments at the latest Breakpoint conference.

Solana has described stablecoins as a 'killer app' for the blockchain, emphasizing their increasing relevance in the network's growth narrative.