Is Solana the Next PayPal? [Yahoo! Finance]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: Yahoo! Finance
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 PayPal (NASDAQ: PYPL) Disrupting payments I think the ultimate survival of a crypto project rests solely on its ability to bring about a real-world use case. Solana Labs, the governing body of Solana, is trying to make progress in this regard. In early 2022, Solana Pay was launched. This is a payment system that utilizes the blockchain, resulting in instant settlement and almost no fees. Merchants and consumers can deal with each other directly via the Solana network, using the SOL native token or a stablecoin One reason this is a game-changin
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News
- Paypal (PYPL) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Stripes updates its products in France [Yahoo! Finance]Yahoo! Finance
- PayPal Holdings, Inc. (NASDAQ: PYPL) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $78.00 price target on the stock.MarketBeat
- Buy Now Pay Later Research Report 2024: Market to Grow at a CAGR of 44% - Global Industry Analysis, Trends, Market Size, and Forecasts 2023-2030 [Yahoo! Finance]Yahoo! Finance
- Affirm Expects Payment Products to Be Available to US Apple Pay Users This Year [BNN Bloomberg (Canada)]BNN Bloomberg
PYPL
Earnings
- 4/30/24 - Beat
PYPL
Sec Filings
- 6/3/24 - Form 4
- 6/3/24 - Form 8-K
- 5/28/24 - Form 8-K
- PYPL's page on the SEC website