Is Solana the Next PayPal?
Investors would struggle to find a better-performing asset than Solana (CRYPTO: SOL), whose price has skyrocketed by 1,500% since the start of 2023. Despite this monumental gain, this innovative cryptocurrency still trades 39% below its all-time high (as of May 16).
While it's been a smart idea to speculate on Solana in the recent past, that price momentum could distract you from the true potential of this blockchain network, particularly as it relates to the payments landscape. Solana is doing some interesting things in the space that can't be ignored.
But can it become the next (NASDAQ: PYPL)?
Source Fool.com
Paypal Holdings Inc Stock
€50.49
-1.210%
Our community is currently high on Paypal Holdings Inc with 31 Buy predictions and 14 Sell predictions.
As a result the target price of 55 € shows a slightly positive potential of 8.93% compared to the current price of 50.49 € for Paypal Holdings Inc.
