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
The stock is one of the favorites of our community with 62 Buy predictions and 1 Sell predictions.
As a result the target price of 75 € shows a slightly positive potential of 3.73% compared to the current price of 72.3 € for Paypal Holdings Inc.