The Solana payment ecosystem is accelerating its maturity. According to the latest disclosure from the developer community, the on-chain stablecoin trading volume on Solana has surpassed $1 trillion this year, which fully demonstrates the market's recognition of its payment capabilities.
Why is this chain's payment ability so strong? Ultimately, it comes down to a few hardcore indicators: sub-second settlement speeds make transactions lightning-fast, transaction fees at the sub-cent level are virtually negligible, and the parallel execution mechanism ensures that throughput is no longer a bottleneck. These features combined form a complete payment solution.
More notably, the official has just released an upgraded payment development documentation library, covering basic payment principles, sending and receiving processes, payment processing, and advanced features such as proxy payments, permission control, and delayed execution. For developers, this means lower integration barriers and a significant reduction in the complexity of building payment applications. The improvement of this documentation system will help inspire more developers to build innovative payment applications on the Solana ecosystem.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
6
Repost
Share
Comment
0/400
FastLeaver
· 15h ago
10 trillion? That's an incredible number. I have to admit, Solana has really found a way to innovate in payments.
No wonder transaction fees are so low; it’s primarily aimed at payment scenarios, unlike some chains that are just constantly harvesting users.
I’m optimistic about the updates to the developer documentation. Lowering the barriers means more people will get involved, and only then can the ecosystem truly thrive.
Speed and low costs are enough; who wants to spend money on Ethereum just to get scammed?
But I just want to know, with so many stablecoin transactions, what proportion is actually for real payment scenarios? Or are most of them still circulating on exchanges?
Actually, despite the current hype, there aren’t enough real-world payment applications yet. Having technology alone isn’t enough.
Even the most comprehensive documentation depends on whether developers are willing to support it. That’s the key.
Alright, alright, Solana is really serious about payments.
This upgrade to the documentation is indeed more substantial than expected. It seems the official really cares about this direction.
But honestly, there are no technical issues; the key is whether they can seize market opportunities or if they’ll be overtaken by other chains in the end.
View OriginalReply0
RektButStillHere
· 15h ago
The payment narrative of SOL is back, but this time the data is really impressive... 1 trillion? Alright, I believe you.
View OriginalReply0
BearMarketSage
· 15h ago
10 trillion stablecoin trading volume, sounds impressive, but can it really translate into mainstream adoption?
SOL's speed and fees are indeed impressive, but is the network truly stable?
The development documentation has been upgraded, but how many people will actually use it... or is it just an illusion?
This time it's reliable; Solana has finally figured out the payment aspect.
Sub-second settlement? That's a bit exaggerated. Will it be stable once implemented?
Having good documentation is definitely beneficial for developers, but the ecosystem still depends on project teams to push forward.
A mature payment ecosystem is one thing; whether it can replace traditional systems is another.
Negligible transaction fees are a huge advantage. How do other public chains compete?
View OriginalReply0
LayoffMiner
· 15h ago
1 trillion USD? Wow, is this number real or fake?
SOL definitely has potential, but the ecosystem apps are still too few.
Transaction fees are negligible, but what about liquidity? It still depends on the market.
Improving the documentation library is a good thing, but will developers really come?
Fast speed and low costs are great, but unfortunately, the ecosystem is still too thin.
Compared to Ethereum's thriving ecosystem, SOL still has a way to go.
Sub-second settlement sounds impressive, but how about stability?
Ultimately, it depends on whether a killer app appears.
Good documentation is fundamental, but the key is whether people will use it.
This kind of mature payment ecosystem theory has been heard five years ago.
View OriginalReply0
BottomMisser
· 15h ago
1 trillion? That number is a bit scary, gotta see how much real trading there is.
Ignoring the transaction fees, this is indeed impressive, but the question is whether the liquidity is deep enough.
The developer documentation update is good, but in the end, it still depends on what explosive products can come out of the ecosystem.
Solana's speed is real, but stability still needs to be observed.
Transaction fees are indeed an advantage, but what about security? It feels a bit overlooked.
1 trillion sounds impressive, but how much is the actual trading volume?
A strong payment ecosystem is powerful, but is the user experience really that seamless?
Even with better documentation, someone still needs to build it. Let's wait and see what projects come next.
View OriginalReply0
MetaverseVagrant
· 16h ago
One trillion? Wow, SOL's payment capability is truly outstanding, with almost zero transaction fees, which really excites me.
Hmm, once this development documentation is out, I fear there will be a bunch of new projects rushing in.
Honestly, it's much better than Ethereum's congestion. Finally, there's a chain that has made payment clear and straightforward.
But to be fair, while stablecoin trading volume is high, where are the real daily payment users? It still depends on how developers are attracted in the future.
Us seasoned veterans are just waiting to see if the SOL ecosystem will explode again this year.
The Solana payment ecosystem is accelerating its maturity. According to the latest disclosure from the developer community, the on-chain stablecoin trading volume on Solana has surpassed $1 trillion this year, which fully demonstrates the market's recognition of its payment capabilities.
Why is this chain's payment ability so strong? Ultimately, it comes down to a few hardcore indicators: sub-second settlement speeds make transactions lightning-fast, transaction fees at the sub-cent level are virtually negligible, and the parallel execution mechanism ensures that throughput is no longer a bottleneck. These features combined form a complete payment solution.
More notably, the official has just released an upgraded payment development documentation library, covering basic payment principles, sending and receiving processes, payment processing, and advanced features such as proxy payments, permission control, and delayed execution. For developers, this means lower integration barriers and a significant reduction in the complexity of building payment applications. The improvement of this documentation system will help inspire more developers to build innovative payment applications on the Solana ecosystem.