The list of companies that now accept cryptocurrencies as a valid payment method is growing, which favors a bullish Solana price prediction since this scalable and efficient blockchain could serve as the back-end infrastructure for these initiatives.
Space travelers will now be able to pay with Solana (SOL) as Blue Origin, the company founded by Jeff Bezos, has announced that it will start accepting crypto payments.
Through a partnership with Shift4, a global digital payments platform that processes over $280 billion in remittances globally, Blue Origin passengers can make the required deposit of $150,000 to jump on board one of the company’s spacecraft.
“We believe crypto and stablecoins are going to become an increasingly popular way for consumers to pay, particularly for high-end purchases, as both the consumer and merchant benefit financially from these transactions,” commented Alex Wilson, the head of Crypto at the payments firm.
In the past 7 days, Solana has gone up by 2.2%. This partnership, along with other announcements from corporations who are increasingly embracing this blockchain to power their decentralized applications, can provide the necessary fuel to push SOL to much higher levels.
Meanwhile, Blue Origin’s high-ticket service can drive higher volumes toward this token, favoring a bullish Solana price prediction in the near term.
Solana Price Prediction: SOL Retreats Off $185 and Heads to Key Support
Solana (SOL) has started to go down since it hit a key resistance at $185. Selling pressure has been strong at this level, and the price could now be headed to either the 200-period exponential moving average (EMA) shown in this 4-hour chart or to a lower area at $165.
The token needs to raise the necessary liquidity and buying interest to break through this resistance. Hence, a pronounced bounce off this area could confirm a bullish Solana price prediction that could see the token to $205 or much higher.
Momentum favors bulls as the crypto market is attracting strong attention from institutions and corporations like Blue Origin.
The growing popularity of cryptocurrency makes SOL one of the best altcoins to buy, as its network has demonstrated its ability to process thousands of transactions daily without any hiccups.
In the meantime, new decentralized applications like SUBBD (SUBBD) could soon disrupt large markets by leveraging the power of blockchain technology. This hot crypto presale has raised nearly $1 million already to create a better home for influencers.
SUBBD (SUBBD) Gives Creators the Chance to Generate Passive Income Through the Power of AI
SUBBD (SUBBD) is a content distribution platform designed to let creators monetize AI-generated content like images and videos.
The project also features lower platform fees compared to centralized environments and gives influencers a say on moderation policies via the $SUBBD governance token.
Users can also buy this token to get subscription discounts, early access to new features, and other similar perks.
As the platform’s user base grows, the demand for $SUBBD will rise and could deliver sizable gains to early buyers. More than 2,000 creators have been onboarded already, and they will bring over 200 million users with them once SUBBD is launched.
To buy $SUBBD at its discounted presale price, simply head to the SUBBD website and connect your wallet (e.g., Best Wallet). You can either swap USDT or ETH for this token or use a bank card to invest.
Click Here to Participate in the PresaleThe post Solana Price Prediction: Jeff Bezos’ Space Company Now Accepts SOL – Biggest Partnership of the Year? appeared first on Cryptonews.
