Credit card giant Visa says that one Ethereum (ETH) competitor has unique technological advantages over other blockchains as a payments platform.
In a new company blog post, the financial services titan says that smart contract platform Solana (SOL) has distinctive features that set it apart from its rivals, such as low and predictable transfer fees, high throughput rates and significant node support.
According to Visa, Solana even has the upper hand against the king crypto Bitcoin (BTC) and ETH in some aspects.
“Solana’s transaction fees are not only affordable, usually less than $0.001, but predictable. This level of low-cost predictability helps make it an attractive network to explore efficiencies and cost savings for existing payment operations.
In [the figure] below, Solana clearly stands