With the proliferation of decentralized applications, particularly on Ethereum 's network, cryptocurrencies are making the transition from the investment phase to the utility phase. And this is a development crypto enthusiasts have long been waiting for.
But right now, blockchain technology is still struggling to solve for speed and scalability, two factors that are essential for cryptocurrencies to thrive. Solana (CRYPTO: SOL) , a newer project that shows immense promise, is trying to fix this. And it's targeting a lucrative industry.
Let's take a look at how Solana is attempting to disrupt electronic payments.
For further details see:
This Top Cryptocurrency Is Shaking Up the Payments Business