Solana has impacted Africa’s crypto market maturity

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Flincap CMO Oladotun Akangbe discusses the growth and maturity of the cryptocurrency industry, highlighting Solana’s resilience and community efforts in Africa, and its potential for mainstream adoption.

Adopting any technology is based on the strength of its community and Solana has proven that with its African community.

Oladotun Wilfred Akangbe, the chief marketing officer of Flincap, a platform for African OTC crypto exchanges, has highlighted the cryptocurrency industry’s remarkable growth and maturity, focusing mainly on Solana’s resilience and community efforts in Africa. Akangbe told Cointelegraph that the crypto industry is steadily maturing, demonstrating its ability to withstand various challenges that would have previously triggered a market downturn.Despite severe challenges like the regulatory issues surrounding Binance, the delisting of BUSD, and the resignation and sentencing of Binance’s founder, CZ, the industry remains robust.

According to the executive, the strength and adoption of any technology heavily depend on the vigor of its community. Crypto projects’ continuous focus on solving community problems, particularly in remittances and international payments, indicates positive year-on-year growth.a recent series of Solana Allstars Nigeria community meetups in different parts of Nigeria. Solana, a prominent blockchain platform, exemplifies this community’s strength.

 

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