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MoonPay Hits New High for Solana Transactions

MoonPay Hits New High for Solana Transactions

AltcoinbuzzAltcoinbuzz2024/11/21 15:33
By:By Victor -Ruma -

On November 19th, the platform saw more Solana ($SOL) transactions in a single day than it had in all of November 2023 combined

MoonPay, a service that helps people buy crypto with ease, reported that November 19th was their biggest day ever for Solana transactions.

How big? Well, it wasn’t just a little bump. MoonPay saw a 295% increase in their average daily Solana transactions for 2024.

What’s Driving the Boom?

Several factors likely played a role in this record-breaking day. First, Solana has been gaining popularity thanks to its speed and low costs, making it a favorite for crypto enthusiasts. Second, MoonPay has been working hard to make buying $SOL easier than ever, allowing users to pay with credit cards, Apple Pay, and more.

This news shows just how fast Solana and services like MoonPay are growing. When you see numbers like these, it’s clear the demand for Blockchain technology isn’t slowing down—it’s picking up steam.

On November 19, MoonPay smashed our single day all-time record for @solana transactions!

➡️ More $SOL transactions that day than ALL of November 2023 combined

➡️ 295% increase in 2024 daily SOL average

and they said it was only a Solana Summer…

— MoonPay 🟣 (@moonpay) November 20, 2024

For everyday folks, this also means more ways to get involved in crypto without feeling like you’re diving into the deep end.

More About Moonpay

MoonPay makes buying crypto a breeze by offering a variety of payment options to suit everyone’s needs. Whether you prefer modern digital wallets like Venmo, PayPal , Apple Pay, or Google Pay.

MoonPay makes it easy to buy crypto with:

✅ Venmo
✅ PayPal
✅ Apple Pay
✅ Google Pay
✅ Balance
✅ Debit
✅ Credit
✅ Bank Transfer

What do you want to see next?

— MoonPay 🟣 (@moonpay) November 16, 2024

Or, if you’d rather stick to traditional methods like debit , credit, or bank transfers, MoonPay has you covered. You can even use your account balance to make purchases directly. With so many choices, MoonPay takes the hassle out of buying crypto, making it simple and accessible for all.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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