Solana has entered into a $50 million partnership with Western Union, amid a significant 60% drop in its daily active addresses. The deal, which includes $25 million in cash and $25 million in liquidity incentives over six months, has sparked debate within the community. Some view it as a risky marketing move, while others see it as a step towards gaining institutional credibility.
Despite the structural bullishness in Solana's price, analysts emphasize the need for the network to tackle declining organic usage and mitigate MEV attacks to ensure sustainable growth. The partnership's impact on Solana's strategy and user engagement remains a focal point of discussion.
Solana's $50M Western Union Deal Sparks Community Debate Amid User Decline
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