Solana Could Become the ‘Visa of Digital-Asset World': Bank of America

Posted on by American Coins & Gold

Solana Could Become the ‘Visa of Digital-Asset World': Bank of America
The Solana blockchain could become the “Visa of the digital asset ecosystem” as it focuses on scalability, low transaction fees and ease of use, Bank of America told clients in a research note after hosting Solana Foundation member Lily Liu.Solana has experienced strong adoption since launching in 2020. It has settled over 50 billion transactions (Visa, the global payments giant, processed 164.7 billion transactions in the year ended Sept. 30), more than $11 billion in total value locked and in excess of 5.7 million NFTs minted, analyst Alkesh Shah wrote in the note published Tuesday. Solana is optimized for consumer…