Crypto Payments Are Booming: Shiba Inu, Solana, and Litecoin Lead the Way

Crypto payments are hot right now! CoinGate, a company that lets you pay with crypto, just released a report about how things are going. They’re seeing a huge increase in people using crypto to pay for stuff, and they’ve got some favorites.

Solana is a Speed Demon

Solana is one of the stars of the show. It’s super fast and cheap to use, and CoinGate added it to their platform back in May. It quickly became a top choice for people paying with crypto, and by June, it was the sixth most popular network on CoinGate. They’re even planning to add more coins that work with Solana in the future.

Litecoin is a Reliable Workhorse

Litecoin is another big winner. It’s known for being reliable, secure, and fast, and it’s become a popular choice for payments. In the last quarter, Litecoin payments on CoinGate jumped by over 3% compared to the previous quarter, and they’re up a whopping 67% compared to last year. The Litecoin Foundation says it’s all about giving people control over their money and making it easy to use.

Shiba Inu is the Meme King

Shiba Inu is the only meme coin that CoinGate highlighted in their report. It’s super popular, and CoinGate added support for it back in May. This led to a huge increase in Shiba Inu payments, with orders jumping by 76% compared to the first quarter of the year. CoinGate says that Shiba Inu’s big community of fans is a big reason for its success.

Overall, it looks like crypto payments are here to stay. CoinGate is seeing a lot of growth, and they’re excited about the future. With all these great coins available, it’s only going to get bigger! /p>