Solana’s Momentum: Is It Poised to Become the Backbone of On-Chain Payments?

Solana has emerged as a frontrunner in the world of on-chain payments, according to a recent report from 21 Shares. The blockchain network experienced unprecedented growth in transaction volume during the first two months of 2025, surpassing even established giants like Coinbase and Ethereum. This surge was fueled by factors such as its lightning-fast speed and significantly lower transaction fees.