2024

Solana

DeFi

Gary

<p class="is-style-lead">On Nov. 19, MoonPay reported a 295% increase in SOL activity, fuelled by the recent surge in cryptocurrency. By 11 a.m. Eastern time on November 20, they had broken the record set on the 19th.&nbsp;&nbsp;</p> 
<p>The record-breaking day for Solana (<a href="https://crypto.news/price/solana/" target="_blank">SOL</a>) saw more SOL transactions in a single day than in the entire month of November 2023 combined on MoonPay.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/moonpay/status/1859270249784213692 
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<p>The Nov. 19 <a rel="nofollow" href="https://x.com/moonpay/status/1859236012293021971" target="_blank">milestone marked</a> a 295% increase in MoonPay’s daily Solana transaction average for 2024, showcasing the growing interest in the Solana blockchain as a decentralized financial ecosystem.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/prepare-for-the-bull-runs-climax-5-coins-set-to-skyrocket-in-the-next-4-months/"> Prepare for the bull run’s climax: 5 coins set to skyrocket in the next 4 months </a> </p> 
<h2 class="wp-block-heading" id="moonpay-s-recent-partnerships">MoonPay’s recent partnerships</h2> 
<p>The surge in activity reflects MoonPay’s strengthened presence in the Solana space, aided by partnerships with the likes of <a rel="" href="https://crypto.news/moonpay-integrates-paypal-to-simplify-us-crypto-transactions/">PayPal</a> or <a rel="" href="https://crypto.news/polymarket-partners-with-moonpay-on-bank-credit-card-funding/">MoonPay</a>. These collaborations have simplified onboarding for new users, allowing seamless crypto purchases and interaction with <a rel="" href="https://crypto.news/tag/DeFi">DeFi</a> applications and NFTs.</p> 
<p>Solana has gained in popularity due to its fast transaction speeds and low fees, attracting both retail and institutional users, while MoonPay’s performance indicates a rising adoption of Solana’s blockchain across various applications, including gaming and decentralized finance.&nbsp;</p> 
<p> You might also like: <a rel="" href="https://crypto.news/ftxs-gary-wang-spared-prison-time-in-fraud-case/"> FTX’s Gary Wang spared prison time in fraud case </a> </p>

MoonPay breaks Solana transaction record twice in two days

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