Decentralized smart contract platform Solona pumped in price after bringing USDT to it's ecosystem
Tether (USDT) a stable crypto currency pegged by US dollar becomes available on the solana blockchain
After the announcement Solana (sol) token price soared from $13.70 per coin to $16.80 per coin
Tether can be now used on solana blockchain to access dapps and different defi protocols on solana
Solana is a proof of stake blockchain network that markets itself as high speed and low cost blockchain
As Ethereum network struggles to keep its users to the network due to raise of high gas fees other blockchain like solana taking advantage
Solana can now process upto 50,000 USDT transaction per second and help escape price volatility when needed
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