The Solana Blockchain remains one of the most competent in terms of innovation and expansion in the entire crypto world. Now, its payments service, Solana Pay, is expanding to offer support for Bitcoin, Ethereum, and second layer (L2) solutions.
With this change to multichain, this payment solution seeks to transcend and become a comprehensive platform for trading with cryptocurrencies. In that sense, the developers are moving forward so that the system is not limited to a single network, but to the most important ones. This allows merchants to choose between their favorite tokens without having to abandon this payment solution.
In this way, with the inclusion of Bitcoin, people can make payments with the most well-known and accepted Cryptocurrency in the world. In the case of Ethereum, it stands out that this network is home to the largest decentralized finance ecosystem, allowing merchants to choose from a huge variety of tokens.
Meanwhile, with the inclusion of L2 in this equation, trades with Ethereum tokens can be carried out quickly and at low costs. As is known, Ethereum is associated with high commissions and slow transactions, which becomes counterproductive to converting it into a payment option.
Solana Pay goes multichain and now supports Ethereum, Bitcoin and L2.
Solana Pay expands its reach by becoming multi-chain
Now that Solana Pay is expanding, merchants have a greater range of possibilities. Although the Solana network alone offers ideal qualities for this type of platform, the developers want to offer variety. In that sense, this becomes an important stimulus for the massive adoption of cryptocurrencies.
“This move is an important step forward to consolidate Solana Pay as the most fluid and versatile cryptocurrency solution for Shopify merchants looking to adopt cryptocurrency payments,” highlights the aforementioned report from Helio, the company behind this payment solution. Solana payments.
The statement emphasizes that one of the recurring questions from Shopify crypto merchants is about Bitcoin support. In this way, they explain that “while Solana’s speed and affordability are unmatched, Bitcoin and Ethereum remain two of the largest cryptocurrencies by market capitalization.”
The latter would have had a fundamental weight in this decision by Solana Pay to expand its services towards these networks. They express that this ensures the growth and constant evolution of this payment solution. According to the publication, it already has about 1000 users.
The importance of Solana as one of the most advanced multi-purpose blockchains continues to be evident. Its rapid growth in terms of developers, trading volume and application usage generates high demand for its SOL token.
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