New research from Bank of America Reveals Solana might become the “Visa of the digital asset ecosystem.”
Because of its focus on scalability, ease of use, and low transaction costs, the bank stated the Solana blockchain may very well become the equivalent of Visa for the world of cryptocurrencies and NFTs in a research report to its clients after hosting the Solana Foundation’s member Lily Liu.
Solana High Throughput Is It Merit
In a Tuesday research note, Bank of America digital asset strategist Alkesh Shah said that Ethereum competitor Solana may become the “Visa of the digital asset ecosystem.”
The Solana network went live in 2020, and its native token, SOL, has since grown to become the fifth-largest cryptocurrency by market capitalization, with a market