Dear PointPay Family,
The Dapp industry has experienced rapid growth since 2020. In October 2021, more than 2 million daily unique active wallets were registered for the first time. That’s 21% more than the previous month and a 626% year-over-year increase.
![](https://blog.pointpay.io/content/images/2022/01/image-26.png)
Dapp are revolutionizing the way the industry works by eliminating third-party involvement in personal and business transactions. Although Ethereum currently dominates the Dapp market, it has proven to be slow and gas-costly. This has led to a demand for alternative solutions.
One of the Ethereum challenges that emerged this year was Solana Labs (SOL). Solana is the only blockchain that allows building high-frequency trading and payment processing applications. It is the fastest blockchain and the fastest-growing ecosystem right now.
Solana’s presentation at the Breakpoint conference in Lisbon showed a company that is rapidly gaining momentum. The number of active accounts has grown to 1.3 million, and 38 billion transactions have been processed. As of Nov. 16, around $13.7 billion is locked in decentralized financial projects built on Solana.
![](https://blog.pointpay.io/content/images/2022/01/image-27.png)
“I believe Solana is the next big thing after Bitcoin and Ethereum. That’s why I am currently buying it after the recent price drop. . . Scaling advances, such as Layer 2 rollups can bring more speed to the currently slow world of blockchain. Right now, Solana is the fastest blockchain and the fastest-growing ecosystem,” — shared Vladimir Kardapoltsev, CEO of PointPay, with Kenneth Rapoza, Senior Contributor of Forbes.
The Solana ecosystem is growing rapidly, with dozens of DeFi apps taking advantage of fast, low-cost transactions. Solana has clear leadership and proper funding to continue growing. So we are excited to see upcoming projects on the Solana blockchain, such as new payment systems, high-frequency trading bots, and other non-financial apps.
Click the link below to read the full article:
🔥 Buy PXP tokens on Bittrex: https://bit.ly/32VWsci
🔥 Buy PXP tokens on Bitrue: https://bit.ly/3JEreHu
🔥 Buy PXP tokens on BitHumb: https://bit.ly/3qOK6e9
🔥 Buy PXP tokens on WhiteBIT: https://bit.ly/3qJrjRH
💰 Earn up to 20% yearly with PXP staking program in PointPay Bank: https://bank.pointpay.io/staking
💡 Check PointPay Live-Roadmap (PointPay development in real-time): https://pointpay.io/live-roadmap/
🏦 Remember, we are PointPay, and we are beyond banking!